Tsingshan holds April ferro-chrome tender price steady

Chinese stainless steel producer Tsingshan Group has kept its ferro-chrome tender price for April delivery flat month on month after domestic ferro-chrome producers expressed concerns of possible supply tightness and South Africa entered lockdown, Fastmarkets understands.

Market participants were fearful that the supply of chrome ore may diminish amid South Africa closing all of its bulk terminals to minerals shipments under a coronavirus-linked lockdown from midnight on Thursday March 26.

The mill - headquartered in eastern China - set its April...

Published

Siyi Liu

March 26, 2020

12:20 GMT

Shanghai