Baosteel announces lower ferro-chrome tender price for June

Chinese stainless steel mill Baosteel has slashed its monthly high-carbon ferro-chrome tender price by 1,600 yuan ($235) per tonne compared to last month, Metal Bulletin has learned.

Baosteel is offering to purchase high-carbon ferro-chrome at 5,500 yuan ($809) per tonne in June, down from 7,100 yuan per tonne in May
All tender prices are duty paid, on a cash basis, including delivery, basis 50% chrome.

Baosteel’s 5,500 yuan per tonne tender price is for both its Shanghai facility and...

Published

Ellie Wang

June 13, 2017

13:35 GMT

Shanghai