Fastmarkets’ ferro-chrome high carbon 6-8.5% C, basis 60-64.9% Cr, max 3% Si, cif Europe
price assessment fell by 1 cent or 1.3% to $0.75-0.82 per lb Cr on Tuesday November 17.
The market declined after producers lowered offers in an attempt to sell volumes but demand in the spot market remained limited, market sources said.
“Although offers are being made in the market, people are not buying,” a consumer said.
Although demand from the foundries...