Tsingshan Group keeps November ferro-chrome tender price flat [UPDATED]

Tsingshan Group has kept its ferro-chrome tender price for November delivery unchanged at a time when upstream chrome ore prices have been under pressure.

The eastern China-headquartered stainless steel mill announced on Wednesday October 30 that its November high carbon ferro-chrome tender price will remain at 6,396 yuan ($906) per tonne, unchanged from October.

The latest tender price from Tsingshan had been broadly expected by market participants who had been continuously disappointed by...

Published

Susan Zou

November 01, 2019

08:32 GMT

Shanghai