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China's FeCr prices soften on supply-demand imbalance

ABSTRACT

Chinese prices of high-carbon ferrochrome (FeCr) continue to lose ground, undermined by poor demand for the ferroalloy from domestic stainless mills when the smelters' ability to supply has increased, Mysteel's latest weekly survey has found.
As of December 7, the spot price of FeCr with 55% Cr content in North China's Inner Mongolia, the key reference price in the country's FeCr market, had decreased by Yuan 200/tonne ($31.4/t) on week to Yuan 9,200/t EXW and including the 13% VAT, Mysteel's data shows. The prices had

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