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WEEKLY: China’s FeCr price rebounds on lower output

ABSTRACT

Over September 7-14, China’s price of high-carbon ferrochrome (FeCr) showed signs of recovering from six consecutive weeks of declines mainly due to constraints in output because of intensified power rationing in many regions of the country, market sources shared.
Mysteel’s latest assessment showed that as of September 14, the price of high-carbon FeCr with 55% Cr content in North China’s Inner Mongolia reversed up by Yuan 100/tonne ($15.5/t) on week to Yuan 10,100/t and including the 13% VAT, and the ongoing power rationing on in Inner Mongolia on industrial enterprises including ferroalloy smelters had

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