WEEKLY: Tight supply of ore supports China FeCr price

China’s ferrochrome price has continued with the recovery recently on the support of higher imported chrome ore price, as the supply tightness of the latter persisted amid the lockdown in South Africa over March 27-May 1, market sources shared.
As of April 21, the price of high-carbon FeCr with 55% Cr content in Inner Mongolia, a key reference price in China’s FeCr market, grew another Yuan 50/tonne ($7.1/t) on week or Yuan 300/t since March 24, to Yuan 6,000/t, according to Mysteel’s data. As of April 21,the price of South


To read the full article take a free 7-day trial to Mysteel Global

+65 6653 8227