Tag: China: Ferro chrome prices hold flat w-o-w amid weak demand and supply pressure

Rising supply pressures weigh on market Weak demand limits price recovery scope High-carbon ferro chrome (Cr:50%, C:6-8%) prices in China remained unchanged w-o-w to RMB 8,340-8,750/t ($1,229-1,290/t). Medium-carbon (Cr:60%, C:1%) prices also stayed firm to RMB 13,200-13,400/t ($1,946-1,975/t), while low-carbon (Cr:60%, C:0.1%) prices also stood steady at RMB 13,800-14,100/t ($2,034-2,078/t) ,exw including taxes. Chinese ferro…