Chinese ferrochrome prices edge higher on rising ore

摘要

Singapore—Platts assessed Chinese domesticnprices for high-carbon ferrochrome (50%nbasis Cr) at Yuan 7,000-7,100/mt (86-87 cents/lb), delivered with 17% VAT on Mayn29, up from Yuan 6,900-7,100/mt previouslynas ferrochrome producers lifted offernprices due to higher chrome ore prices andnbullish sentiment.n“Spot materials below Yuan 7,000/mtnhave become very difficult to buy,” said annofficial with an east China stainless mill.