The recent downtrend in spot ferro-chrome prices in China was capped by strength in the domestic stainless steel market, while the European and US markets were flat ahead of the Christmas holiday break.
Chinese alloy prices hold amid stainless steel strength Charge chrome prices flat on firm offers Chrome ore prices up in response to improved sentiment Japanese and South Korean alloy prices tumble European alloy prices unmoved US market inactive ahead of holidays The Chinese spot domestic ferro-chrome price stabilized in the week to Friday December 20, with a rise in downstream stainless steel prices buoying sentiment.Fastmarkets' weekly price assessment for stainless steel cold-rolled coil...