Tag: China Ferro Chrome Prices

Why are Chinese stainless steel mills aggressively reducing ferro chrome tender prices?

Aug 25, 2021

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by

Ankita Chakraborty

in Ferro Chrome

Today a major Chinese stainless steel mill declared its purchase tender prices for ferro chrome. The prices were reduced by RMB 800/t ($124/t) m-o-m for Sept deliveries to RMB 9995/t ($1543/t). The tender price for HC ferro chrome by Tsingshan is lower than the market expectation due to a confluence of factors as stated below:…