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WEEKLY: China's FeCr prices drop to 1-month low

ABSTRACT

Chinese domestic prices of high-carbon ferrochrome (FeCr) under Mysteel's survey continued to lose ground during the past week, mainly due to stainless mills' weakened demand amid power usage curbs, market sources commented on Wednesday.
As of October 26, the spot price of FeCr with 55% Cr content in North China's Inner Mongolia as assessed by Mysteel had edged down by another Yuan 200/tonne ($31.3/t) on week to Yuan 10,600/t EXW and including the 13% VAT, a new low since September 23.   Last week, buying interest

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