Boost for China’s ferro-chrome market from 13-year-high tender

China’s domestic and imported ferro-chrome prices were both boosted again in the week ended Tuesday July 27 after major stainless steel mills raised their August tender prices by 2,400 yuan ($369) per tonne from the previous month, to a level not seen in the past 13 years.

Due to continuing supply interruptions and strong demand for material, Tsingshan announced its tender price for August-delivery high-carbon ferro-chrome at 10,795 yuan per tonne on July 26. Subsequently, Baosteel announced...

Published

Jon Stibbs

Siyi Liu

July 28, 2021

18:15 GMT

London, Shanghai