Asia ferrochrome market falls; bid-offer gap widens in China

摘要

S&P Global Platts assessed spothigh-carbon ferrochrome (10-150 mm lumps,58%-60% chrome, 8%-9% carbon, 4% silicon)at 94-102 cents/lb CIF China on March29, down from last week’s 98-102 cents/lb.An Indian producer said he receivedinquiries from Chinese buyers at 93-94cents/lb CIF China. However no deal couldbe concluded. “Quantity is not at all aproblem, but price is questionable,” he said.