Tag: China Ferro Chrome Prices

Stainless steel major, China’s Tsingshan, has raised purchase price for HC 50% ferro chrome by a steep RMB 2,400/t ($370/t) m-o-m to RMB 10,795/t ($1,664/t) for Aug’21 deliveries. The increase can be attributed to an acute shortage of ferro chrome in the Chinese market. Meanwhile, the increasing cost of UG2 is also supporting ferro chrome…