FeCr prices to seasonally drop in China

摘要

FeCr offers have kept coming down in China in November due to higher supplyand lower raw material prices. Those of HC FeCr (50?55 Cr) have lost 5reaching RMB 7,638/t ($0.82/lb Cr) DDP and those of LC FeCr (60 Cr; 0.06C) – 12 reaching $1.37/dmtu Cr DDP. Foreign merchants have cut offers by4 to $0.95/lb Cr and $1.04/lb Cr CIF for Kazakh and South African materialrespectively.