It is reported that Europe’s ferro-chrome prices continues to soar due to strong demand in past few weeks.
Especially, low carbon ferro-chrome price has increased by 5 percent and high carbon ferro-chrome has also raised by US$1.16~1.23/lb.
Currently, the stainless steel market has remained soft while falling consumption rate continues to decrease.
However, the shortage of ferro-chrome will cause price to remain on top.
News Date 9/1/2010 1:38:32 AM reported by Jacky Huang
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