Chinese stainless steel mills hold ferro-chrome tender prices for February

Tsingshan Group, Taiyuan Iron & Steel (Tisco) and Baosteel - China’s leading stainless steel mills - will maintain their high-carbon ferro-chrome tender prices unchanged month on month for February amid comparatively stable domestic stainless steel prices over the past few weeks.

Tisco released its February tender price for high-carbon ferro-chrome at 6,650 yuan ($977) per tonne on Tuesday January 22, the same price as its January tender. Tsingshan Group has also kept its February tender price for high-carbon ferro-chrome unmoved from January at 6,896 yuan per tonne on Wednesday. Baosteel’s February high-carbon ferro-chrome tender price is 6,900 yuan per tonne, a company official said also on Wednesday. The tender prices are duty-paid on a cash basis, including delivery, for 50% chrome material. The final delivery for...

Published

Amy Lv

January 23, 2019

13:09 GMT

Shanghai