- Chinese charge chrome and spot ferro-chrome prices fall
- US high-carbon ferro-chrome quotations rise
- South Korea and Japan anticipate softening markets
- Stability reigns on European ferro-chrome market
Chinese buyers held back last week while the market softened amid reports of high ore stocks and before to major Chinese stainless steel mills make their April ferro-chrome tender purchases.
Metal Bulletin's charge chrome index cif Shanghai
settled at $1.02 per lb on Friday from $1.03 per lb in the previous week.
Metal Bulletin’s price quotation for spot Chinese domestic ferro-chrome
fell to 7,600-8,200 yuan ($1,210.67-1,306.25) per tonne - equivalent to $0.930-1 per lb - from 7,700-8,200 yuan per tonne the week before.
Chinese traders have delayed purchases of domestic spot ferro-chrome and cif China charge chrome for April in a falling market.
April tender prices from major Chinese...