The eastern China-headquartered mill set its October high-carbon ferro-chrome tender price at 5,997 yuan ($896) per tonne, for cargoes delivered to warehouse. The price includes value-added tax and should be paid on acceptance. Tsingshan has now maintained the same high-carbon ferro-chrome tender price for three months
in a row since August
The market had broadly anticipated that the October tender price would remain unchanged from given the steady upstream and downstream markets.
In the upstream market, the UG2 chrome ore price has had a modest recovery since August 25 due...