Asian ferrochrome prices stable amid tight supply

摘要

High-carbon ferrochrome prices wereunchanged this week despite tight supply, asparticipants awaited clearer direction fromChina, the product’s largest importer, sourcessaid Friday.An Indian producer reported selling several2,000-4,000 mt lots to Chinese mills at 71-72 cents/lb CIF China, loading in east India inSeptember. The lots comprised 10-100 mmlumps with minimum 58% chrome, maximum8% carbon, 4% silicon, 0.04% phosphorousand 0.05% sulfur.