Taiyuan Iron & Steel Corporation (TISCO) has lowered the purchase price of ferro chrome (HC 50%) for Jan’22 procurement by RMB 1,405/t ($221/t) m-o-m to RMB 7,995/t ($1,259/t) despite the uptrend in ferro chrome prices. All prices are on a delivered to plant basis, including taxes with delivery latest by 15 Feb’22.
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