Tisco Cuts High-Carbon Ferro-Chrome Price Amid Oversupply and Weak Stainless Steel Demand

Post Views: 561 China, High carbon ferro chrome Taiyuan Iron and Steel Corporation (Tisco), a leading Chinese steelmaker, has announced a significant price reduction for high-carbon ferro-chrome. The company has lowered its November tender price by 150 yuan per tonne ($21.10 per tonne) in response to ongoing market challenges. These include concerns over oversupply and weak demand in the stainless steel sector.   Price Reduction in Response to Market Conditions Effective from October 17, 2024, Tisco’s new bid price for high-carbon ferro-chrome stands at 7,945 yuan per tonne, or appr...