Tsingshan Group, one of the largest producers of Stainless steel, has reduced the purchase price of HC ferro chrome in Dec’ 20 by 100 yuan/t to 5,797 yuan/t ($881.15/t) for HC 50% min, delivered including tax. The delivery deadline is Jan 15, 2021. The fall in the prices can be attributed to the falling demand for ferro chrome and stainless-steel prices in China.
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