Chinese stainless steel giant Tsingshan has hiked ferro chrome tender prices by RMB 250/t ($36/t) m-o-m for Mar’23. The current price for 50% Cr stands at RMB 9,395/t ($1,356/t) DAP, including taxes, with delivery latest before 10 Apr. The delivery price ex-Tianjin port will be lower by RMB 150/t ($22/t). The current price of ferro chrome (HC-50%) is RMB 9,250/t ($1,335/t) ex-Tianjin.
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