Tag: Chinese ferrochrome tender price
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China: Baosteel raises HC ferrochrome purchase price by 700 yuan/t ($108.35/t)for Mar ’21
Baosteel, one of the largest producers of Stainless steel has increased its purchase price of HC ferrochrome in Mar ’21 by 700 yuan/t ($108.35/t) to 8,900 yuan/t ($1,378/t) for HC 50% min, delivered including tax. This announcement came after Tsingshan also increased the prices by Yuan 700/t to 8,896 yuan/t. The increase in purchase tender…