Baosteel raises ferro-chrome tender price for July

Major Chinese stainless steel producer Baosteel has raised its high-carbon ferro-chrome purchase price for July delivery to 7,000 yuan ($1,031) per tonne, according to sources in China.

The tender price for July is 1,500 yuan per tonne higher than June’s price.

The new price of 7,000 yuan per tonne equals approximately $0.79 per lb, almost level with Metal Bulletin’s latest...

Published

Rena Gu

July 04, 2017

09:22 GMT

Singapore