Tag: Chinese Ferro Chrome Tender Prices

Major stainless steel manufacturer Tsingshan has increased its purchase price for HC 50% ferro chrome by RMB 950/t ($147/t) m-o-m to RMB 8,395/t ($1,295/t) for Jul’21 deliveries. The increase can be attributed to supply shortage in the Chinese market, as major suppliers have stopped offering in the spot market. It is expected to have a…