Tag: Baosteel Tender Price
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Chinese Steel Mills Raise February’s Ferro Chrome Tender Price on Supply Shortage
Chinese stainless-steel mills Baosteel and Tisco have raised their Ferro Chrome purchase price for February deliveries over supply concerns of the commodity. The tender price disclosed by the Baosteel and Tisco is 7,900 Yuan and 7,700 Yuan, increased by 600 Yuan/MT each on M-o-M basis over previous month’s prices. Chinese mills took the hit quite…