Tag: China: Ferro chrome prices decline amid high production cost and weak demand

The ferro chrome market witnessed a downtrend this week on poor demand amid oversupply. Prices of the various grades were as follows: High-carbon ferro chrome: Prices were at RMB 8,850-9,050/t ($1,216-1,243/t), remained unchanged w-o-w. Medium-carbon ferro chrome: However, prices for medium-carbon ferro chrome diminished by RMB 300/t(41/t) w-o-w and hovered at RMB 13,800-14,000/t ($1,897-1,924/t). All…