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Chinese high-carbon FeCr prices climb 3%

March 18, 2010 - 07:35 GMT Location: Shanghai

KEYWORDS: Chrome ore , ferro-chrome , China

Chinese high-carbon ferro-chrome prices increased 3% this week on high ore costs and firm overseas ferro-chrome prices

Trading was slim as many downstream buyers remained on the sidelines due to uncertainty in the market and thin margins. High-carbon ferro-chrome was trading at 8,600-8,800 yuan ($1,258-1,287) per tonne duty paid delivered in China’s spot market this week, up from 8,400-8,500 yuan per tonne previously. “Ferro-chrome prices have increased recently, but very slowly, and most...

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Comment & analysis

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