Weak demand, stocks pressure weigh on Chinese spot ferro-chrome price; bearish expectations for June tender prevail

摘要

The Chinese spot market ferro-chrome price has and will continueto come under downward pressure in the near term due to weakdemand from Chinese stainless steel mills, sources toldFastmarkets MB.Stocks pressure faced by both Chinese stainless steel mills andferro-chrome smelters also weighed on the ferro-chrome price in thedomestic market, sources added.