Major Chinese stainless steel mills rollover FeCr tenders for June

Major Chinese stainless steel producers Taiyuan Iron & Steel (Tisco) and Tsingshan Group have set their tender prices for June-delivery high-carbon ferro-chrome at 9,445 yuan ($1,403) and 9,645 yuan per tonne respectively, unchanged from that for the preceding month.

The decision to maintain their tender prices at a six-month high was a signal of the mills’ willingness to secure supply, market sources told Fastmarkets.

Participants estimated domestic high-carbon ferro-chrome...

Published

Siyi Liu

May 27, 2022

11:37 GMT

Shanghai