China's domestic ferro-chrome prices rose further in the week ending Tuesday July 13 after major production regions imposed tighter power restrictions, while prices for imported charge chrome followed suit amid bullish sentiment across international markets.
The county of Huade in Inner Mongolia ordered a number of local smelters to halt production for 15-20 days from July 6 because they exceeded the maximum power usage rationed for May and June. Market participants estimated this to affect around 15,000 tonnes of ferro-chrome output.Fastmarkets' price assessment for ferro-chrome, spot, 6-8%...