Tag: China: Ferro chrome market reflects stability amidst supply pressures and uncertain downstream demand

  • China: Ferro chrome market holds steady amid weak demand, oversupply

    China: Ferro chrome market holds steady amid weak demand, oversupply

    Stainless steel trends down Chrome ore remains stable CBC: China’s ferro chrome market remained largely stable, exhibiting no significant fluctuations amid a cool market atmosphere. Demand from the downstream sector remained weak, despite a decline in ferro chrome costs. The industry was subdued, largely due to a persistent supply-demand imbalance. Steel mills hold bargaining power,…