Tag: High Carbon Ferro Chrome
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Indian Ferro Chrome Export Prices Slip, Weak Demand Continues to Weigh Heavy
Spot prices of high-carbon ferro chrome slipped this week amid weak Chinese demand, despite output cuts undertaken by some producers. SteelMint assessed the spot price of 58-60% high-carbon ferro chrome at 55 cents/lb CIF China, down from 56 cents/lb last week. Bids were 1-2 cents/lb lower, also reflective of major Chinese stainless steelmakers’ cut of…