Tag: Chinese ferro chrome prices inch up post-festival amid high costs
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Chinese ferro chrome prices inch up post-festival amid high costs
The ferro chrome market performed strongly this week, with an average trading atmosphere. Post-Dragon Boat Festival, the domestic market bloomed positively. High raw chrome ore prices, driven by increased futures, pushed spot traders to raise prices. Prices of various grades were: High-carbon ferro chrome: Prices were at RMB 8,950-9,150/t ($1,234-1,261/t) up by RMB 100/t ($14/t).…