Domestic Chinese ferro-chrome prices have risen in line with July tender prices from leading stainless steel mills.
Spot domestic ferro-chrome prices rise in China Chrome ore, charge chrome import prices slideJapanese alloy prices edge upFerro-chrome prices rise in Europe Alloy markets flat in South Korea, United StatesChinese spot domestic ferro-chrome prices rose 4% in the week to Friday June 29, after leading stainless steel mills raised their alloy tender prices for July amid widespread smelter shutdowns.Metal Bulletin's price quotation for Chinese domestic ferro-chrome on contracts rose to 7,550-7,800 yuan ($1,134-1,172) per tonne on June 29, up 700 yuan per tonne from a month earlier. Metal Bulletin's assessment for Chinese spot domestic ferro-chrome prices stood at 7,700-8,000 yuan per tonne on June 29, up from 7,400-7,700 yuan per tonne a week earlier, in line with the higher tender prices from steel mills. An expected one-week shutdown for ferro-chrome smelters in Ulanchabu, in north China's Inner Mongolia autonomous region, has been prolonged and domestic...