Tag: China’s Ferro Chrome prices
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China: Ferro chrome prices remain stable despite weak demand and ample supply
Ample supply and weak ore demand limit cost support Cautious stainless steel buying keeps market sentiment weak China’s ferro chrome prices remained unchanged across all grades during the assessment week. High-carbon ferro chrome (Cr:50%, C:6-8%) held steady w-o-w at RMB 7,990-8,400/t ($1,191-1,252/t). Medium-carbon ferro chrome (Cr:60%, C:1%) remained at RMB 12,700-13,000/t ($1,893-1,937/t), while low-carbon ferro…