[Ferro-Alloys.com]Prices for chrome ores and ferrochrome continue to rise as the stainless steel prices surge. High-carbon ferrochrome prices rose recently with prices at RMB5,600-5,700/T Cr 50% basis, while some quotations exceeded RMB6,000/T Cr 50% basis.
Ores and alloys producers have announced a swathe of new production curtailments in the past few weeks in response to poor market conditions.Three production cuts, in chrome ore, ferro-chrome and silico-manganese were announced on December 1 alone, although tw...
Major stainless steel mills in Southern China, such as Tsingshan Group and Baosteel, kept a rollover of their high-carbon ferrochrome tender prices in November, which brought support for the domestic high-carbon ferrochrome prices; however, major stainless ste...
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