Tag: Baosteel Tender Price
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Chinese Stainless Steel Mills Raise Ferro Chrome Purchase Price for March
Tsingshan Group, Baosteel, and TISCO all raised their Ferro Chrome purchase price for March by 100 Yuan/MT. A supply shortage of Chrome ore from South Africa coupled with its higher prices due to Rand appreciation has encouraged the rise in Ferro Chrome prices in line with rising cost of production in China. Chinese major steel…