Tag: China: Ferro chrome prices remain firm despite weak stainless steel demand

Elevated raw material costs continue to support market stability Stainless steel mills’ production cuts, maintenance impact demand Chinese high-carbon ferro chrome (Cr 50%, C 6-8%) prices remained flat w-o-w at RMB 8,690-9,100/t ($1,260-1,320/t) exw, including taxes. Medium-carbon (Cr 60%, C 1%) prices also remained stable w-o-w at RMB 13,300-13,500/t ($1,929-1,958/t), and low-carbon (Cr 60%, C…