Destocking leads spot ferro-chrome prices to slide in China

November 10, 2021 / www.metalbulletin.com / Article Link

An overview of the chrome ore and alloy markets and their latest price moves in Asia, Europe and the United States on Tuesday November 9.

China

The domestic spot ferro-chrome market weakened with suppliers lowering their offer prices in an attempt to profitably destock. The weaker ferro-chrome spot market also fed into the imported charge chrome market However, Taiyuan Iron & Steel (Tisco) and Baosteel increased their tender prices for November ferro-chrome by 510 yuan...

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