Tag: Chinese ferro chrome prices dwell down on supply-demand imbalance
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Chinese ferro chrome prices fall on supply-demand imbalance
The average trading atmosphere and light transaction performance suggested a lack of significant demand in the market. The decrease in prices across different grades of ferro chrome indicated a broad-based decline. Prices dipped off at around RMB 150/t ($21/t). Here’s a breakdown: High-carbon ferrochrome: Prices remained within a range of RMB 8,650-8,850/t ($1,196-1,224/t), down by…