Tsingshan raises June ferro-chrome tender price by $70 per tonne

China’s leading stainless steel producer, Tsingshan Group, has raised its ferro-chrome tender price for June delivery by 500 yuan ($70) per tonne month on month.

The move has come with the prices for chrome ore and imported charge chrome both surging on supply tightness created by the measures used to try to control the outbreak of Covid-19 in South Africa.

The mill, whose base is in Eastern China, has set its June high-carbon ferro-chrome tender price at 6,397 yuan ($900) per tonne for...

Published

Siyi Liu

May 21, 2020

12:10 GMT

Shanghai