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[Ferro-Alloys.com]As Baosteel lowered their tender prices for micro-and low-carbon ferrochrome at the end of Oct, the main quotation for micro-and low-carbon ferrochrome dipped in Qinghai by RMB200/t. Currently, the mainstream quotations for low-carbon ferrochrome C25 and micro-carbon ferrochrome C10 are RMB11,500/T and RMB11,800/T. The market capacity of micro-and low-carbon ferrochrome became smaller in recent months, which increased the stock for some producers. “It will take about three months to clear our stock and we are going to cut the production in the next few months,” one producer said.

 

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