Taiyuan Iron & Steel (Tisco), Tsingshan Group and Baosteel have lowered their high carbon ferro-chrome tender prices month on month for April amid a sluggish stainless steel market.
All three mills dropped their tender purchase prices by 500 yuan ($80) per tonne from the previous month, they announced on Friday March 30.Tisco set its high carbon ferro-chrome tender price at 7,250 yuan per tonne for April delivery, down from 7,750 yuan per tonne the previous month. Tsingshan Group bid 7,496 yuan per tonne for the same...