Chinese stainless steel giant Tsingshan has raised its ferro chrome tender prices by RMB 300/t ($42/t) m-o-m for Oct’22. Current prices for 50% Cr material stand at RMB 7,695/t ($1,083/t) on DAP basis including taxes, with delivery latest by 10 November. Delivery price ex-Tianjin port will be RMB 150/t ($21/t) less. Current market prices of ferro chrome (HC-50%) are RMB 7,950/t ($ 1,119 /t) ex-Tianjin.
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