China’s ferrochrome imports fall as steel mills slash prices
May 21, 2013 | 11:26 AM
SHANGHAI Chinas ferrochrome imports fell to their lowest level in nearly seven months in April amid price cuts from domestic stainless steel mills, with the downward trend expected to continue as the monsoon season sets in.
High-carbon ferrochrome imports totaled 111,124 tonnes during the month, down 29.3 percent from the previous month and 3.9 percent lower than April 2012 levels, according to the latest Chinese customs figures.....
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