FeCr price trend about to reverse in Europe

摘要

Poor demand resulting from excessive supply has again caused spot prices for HC FeCr to drop by 2 to an average of $0.75/lb Cr DDP in Europe in September and those for LC?FeCr by 3 to an average of $1.71/lb Cr DDP. Sellers have trying to put HC FeCr prices up to $0.79/lb Cr DDP because of the upturn in China after the closer of a TISCO tender.