Taigang lifts Dec. ferrochrome buying price
Nov 30, 2012 | 03:25 PM
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Tags
China stainless,
chrome ore,
ferrochrome,
stainless steel,
Taigang Stainless Steel Group,
Baosteel Group
SHANGHAI — Taigang Stainless Steel Group Co. Ltd., China’s largest stainless producer, has increased its December-delivery high-carbon ferrochrome purchase price.
The price is now at 7,000 yuan ($1,123) per tonne, including delivery, for an all-cash payment, up 150 yuan ($24) from November.
Prices from other major stainless steel mills—including Baosteel Group Corp. and Jiuquan Iron & Steel (Group) Co. Ltd.—have also risen.....
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