Tag: Tsingshan ferro chrome tender price

China: Tsingshan reduces Oct’24 ferro chrome tender prices by RMB 400/t ($57/t)

Sep 20, 2024

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by

Vijay Kumar

in Ferro Chrome

Tsingshan has reduced its ferro chrome tender prices for Oct’24 by RMB 400/t ($57/t) m-o-m to RMB 8,295/t ($1,176/t) DAP, including taxes. According to sources, the price drop is likely due to weak demand and surplus production in China. Additionally, Tsingshan was said to have sufficient inventories, which weighed on prices.