OMG, OMG, a further drop in Chinese FeCr prices

The Chinese ferrochrome market is in a race to see how far the price will drop. Tisco lowered its buying price to rmb6,900 per mt (about 79¢ per lb). The move puts further pressure on Glencore’s benchmark price for the first quarter.

Leave a Reply


This site uses Akismet to reduce spam. Learn how your comment data is processed.

Notify of