Tsingshan increases FeCr tender by $31/t for January

China’s leading stainless steel producer, Tsingshan Group, has increased its ferro-chrome tender price for January delivery by 200 yuan ($31) per tonne from the previous month.

The eastern China-based mill has set its high-carbon ferro-chrome tender price at 5,997 yuan per tonne for January deliveries, an increase of 3.5% from 5,797 yuan per tonne offered for December.
The price is for cargoes delivered to warehouse, includes value-added tax and should be paid on acceptance.

This move had been anticipated by many market participants following the...

Published

Siyi Liu

December 30, 2020

10:24 GMT

Shanghai