Baosteel lifts high-carbon ferro-chrome bid price for April

Baosteel increased its high-carbon ferro-chrome bid price to 4,780 yuan ($740) per tonne for April on Thursday March 31, an officer at the stainless steel mill told Metal Bulletin.

The new figure is 100 yuan higher than March’s level and is in line with market expectations.  Baosteel will buy about 20,000 tonnes of domestic cargoes in total, to supply both Baosteel Shanghai Company and...

Published

Ellie Wang

April 01, 2016

13:15 GMT

Shanghai