Shagang Raised Bid Price for High-Carbon Ferrochrome in February

In February, bid solicitation for high-carbon ferrochrome by Shagang (headquarters) stood at 1,500 mt with a bid price of 9,950 yuan/mt (Cr 50%, cash payment, including tax, delivery-to-factory), a month-on-month increase of 320 yuan/mt.

Bid solicitation for low-carbon ferrochrome (FeCr55C0.25) stood at 400 mt with a bid price of 15,500 yuan/mt (Cr 60%, by acceptance, including tax, delivery-to-factory).