High carbon ferrochrome prices down again in China
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Tuesday, 03 Jun 2008
It is reported that the price of high carbon ferrochromium continued to fall in the Chinese market during the past week as a result of slow demand.
The price has fallen by an average of CNY 800 per tonne since early in May 2008 to CNY 15,300 to CNY 16,200 per tonne.
Earlier in the year, ferrochromium prices soared, especially after power shortages in South Africa disrupted ferrochromium production.
(Sourced from Metal Bulletin)
