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China's Stainless Steel Mills Cut Ferro-chrome Prices for May
http://en.steelhome.cn [steelhome] 2015-05-06 10:23:15
Three major Chinese stainless steel mills have cut their monthly purchase prices for ferro-chrome by 50 yuan each for May delivery.
Baosteel set its ferro-chrome purchase price for May delivery at 6,400 yuan ($1045.87) per tonne, including delivery and with the entire payment in cash, sources said. Baosteel cut its purchase volume to 20,000 tonnes.
Source: Metal Bulletin