Tag: ferro chrome purchase price

China’s Baosteel and Tsingshan, two of the major players in the global stainless steel industry, have lowered their high carbon Ferro Chrome purchase price by RMB 500 to around Yuan 7,900/MT (equivalent to 92 cents/lb) and Yuan 7,896/MT respectively for November deliveries, according to industry sources. The lower tender prices can be attributed to higher…