SHANGHAI, Feb 8 (SMM) - Today, the high-carbon ferrochrome in Inner Mongolia was quoted at 9,200-9,400 yuan/mt (Cr50%) today, flat (Cr50%) from the previous trading day. The sudden earthquake in Turkey cause damage to the port and obstruction to shipment. As such, the tight supply of chrome ore may be intensified further. The prices of ferrochrome remained stable amid the cost support.
Ferrochrome Market Remains Stable amid Cost Support
Today, the high-carbon ferrochrome in Inner Mongolia was quoted at 9,200-9,400 yuan/mt (Cr50%) today, flat (Cr50%) from the previous trading day.
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