Tag: China: Ferro chrome prices remain steady as weak demand offsets upstream cost pressures

Cost support and steel bids stabilise market Weak demand and high inventory limit upside High-carbon ferro chrome (Cr:50%, C:6-8%) prices in China held stable w-o-w at RMB 8,490-8,900/t ($1,246-1,307/t). Medium-carbon (Cr:60%, C:1%) prices remained unchanged at RMB 13,300-13,500/t ($1,952-1,982/t), while low-carbon (Cr 60%, C 0.1%) prices also stayed stable at RMB 14,000-14,300/t ($2,055-2,099/t), ex-works including…