Tag: China: Stability persists in ferro chrome market as rising ore costs meet weak demand
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China: Ferro chrome market stable as soft demand counterbalances rising ore costs
Ferro chrome prices in China remained unchanged this week despite rising production costs and oversupply challenges. Prices of various grades: High-carbon ferro chrome: Prices were at RMB 8,850-9,050/t ($1,221-1,249/t). Medium-carbon ferro chrome: Prices hovered at RMB 13,800-13,900/t ($1,905-1,919/t). All prices are ex-works and include taxes. Key market movers Market stable amid cost surge: The ferro…