Tag: Chinese ferro chrome market remained largely Steady amid sluggish stainless steel dem
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China: Ferro chrome market remains stable amid supply-demand imbalance, downstream weakness
CBC: The Chinese ferro chrome market remained largely stable with minimal fluctuations as weak stainless steel demand continued. Despite lower production costs, oversupply kept steel mills dominant in price negotiations, limiting price increases. Prices of various grades High-carbon ferro chrome prices inch down: Prices were largely stable with a slight correction of RMB 150/tonne (t)…