Tag: china ferro chrome prices remain stable

  • China: Ferro chrome prices remain stable despite weak demand

    China: Ferro chrome prices remain stable despite weak demand

    Muted steel demand caps market rebound Chrome ore tightness underpins market levels CBC: The Chinese ferro chrome market remained stable w-o-w, supported by South Africa’s export controls and domestic steel bidding. Limited availability of high-grade ore from Zimbabwe has added to production costs. However, weak stainless steel demand and reduced imports due to overseas furnace shutdowns…