Tag: China: Ferro chrome prices fall w-o-w amid supply reduction and sluggish demand

Global, domestic chrome ore prices subdued Steel market remains weak amid low demand CBC: China’s ferro chrome prices declined by RMB 150/tonne (t) ($21/t) w-o-w, amid subdued demand. Southern steel mills reduced operations, and steel production was not able to fulfil demand. As a result, trades were sluggish, with reduced supply and underperforming demand. Prices…