Tag: Loose supply worries loom for China’s ferro chrome market

Mysteel: China’s high-carbon ferro chrome market has come under significant pressure during the past month from declining production costs and low profitability among stainless steelmakers, and there’s no end in sight. Going forward, weak demand from end-users in the stainless sector could exert further downward pressure on ferro chrome prices, cautioned a Wuxi-based analyst. As…