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[Ferro-Alloys.com]Tender prices of high-carbon ferrochrom of China's major stainless steel producers, including TISCO, JISCO, Baosteel and Tsingshan Group, have been settled. JISCO, TISCO and Baosteel kept their tender prices the same from the previous month, while Tsingshan Group lowered its high-carbon ferrochrome tender price and cut its purchasing amount in April 2015. The current tender prices remained the same for about 5 months after the rebound at the end of 2014, which has formed a strong resistance. Meanwhile, tender prices of some major stainless steel producers in different areas concentrated again in April 2015. 

 

 

Currently, TISCO's tender price of high-carbon ferrochrome remained at RMB6250/50MT, and tender prices of JISCO, Baosteel and Tsingshan Group remained at RMB6450/50MT. It is expected that the next tender prices from these purchasers would remain the same.

 

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