China's domestic ferrochrome market falls on weak fundamentals

摘要

China’s domestic spot high-carbonferrochrome price has fallen recently as playerslooked to clear stocks with fundamentalsweakening, sources said Monday.A recent transaction was done at Yuan7,200/mt ($1,140/mt) for a 300-500 mt clip atTianjin port, the sources said. Major stainlesssteel mills' tender prices hit Yuan 7,500/mt andYuan 7,250/mt for Baosteel and Taiyuan Iron &Steel Co. (Tisco) on March 30.