High-grade FeCr prices slightly rise in Europe

摘要

Some recovery in demand in the European Cr alloy market has allowed suppliers to raise the bottom end of the price range. HC FeCr (65 C; 6-8 C) is now quoted at $2.2-2.5/lb Cr DDP ($2.1 -2.5/lb Cr the week ago). Despite sufficient stocks, key suppliers are not in a hurry to reduce prices on the back of quite stable demand.