China: TISCO lowers Jan'25 ferro chrome tender price by RMB 400/t ($55/t)
China's Taiyuan Iron and Steel Corporation (TISCO) has reduced its Jan'25 ferro chrome tender prices by RMB 400/t ($55/t) to RMB 6,795/t ($927/t) DAP, including taxes. Dec'24 prices were revised to RMB 7,195/t ($981/t) on 12 Dec'24. The price cut is likely influenced by Tsingshan's recent reduction in prices, as well as sluggish demand.