- Spot domestic ferro-chrome prices rise in China
- Chrome ore, charge chrome import prices slide
- Japanese alloy prices edge up
- Ferro-chrome prices rise in Europe
- Alloy markets flat in South Korea, United States
Chinese spot domestic ferro-chrome prices rose 4% in the week to Friday June 29, after leading stainless steel mills raised their alloy tender prices for July amid widespread smelter shutdowns.
Metal Bulletin’s price quotation for Chinese domestic ferro-chrome on contracts
rose to 7,550-7,800 yuan ($1,134-1,172) per tonne on June 29, up 700 yuan per tonne from a month earlier.
Metal Bulletin’s assessment for Chinese spot domestic ferro-chrome prices
stood at 7,700-8,000 yuan per tonne on June 29, up from 7,400-7,700 yuan per tonne a week earlier, in line with the higher tender prices from steel mills.
An expected one-week shutdown for ferro-chrome smelters in Ulanchabu, in north China’s...