Jiuquan Steel March ferro-chrome bid lower than expected

Jiuquan Steel's ferro-chrome bid price for March will be just 50 yuan ($8) higher than in February, market participants told Metal Bulletin.

The latest bid price from the north-west China-based stainless producer stood at 7,850 yuan per tonne, including delivery, compared with its February level of 7,800 yuan. "The price is lower than we expected, and now the mill is waiting for...

Published

Rena Gu

February 24, 2012

06:23 GMT

Shanghai