Tag: Chinese Ferro Chrome Prices
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China: Ferrochrome prices fall as market lacks confidence
Ferrochrome prices slipped again this week with participants holding diverse opinions about the market outlook. Some think that ferrochrome prices may fall further with alloy plants resuming operations and filling up the supply gap. On the other hand, alloy plants are showing reluctance to sell at low prices and are focusing on the delivery of long-term contracts. In the short term the market is rife with pessimistic sentiments. After the price…