China: TISCO reduces Dec'24 ferro chrome tender prices by RMB 300/t ($42/t)

China's Taiyuan Iron and Steel Corporation (TISCO) has brought down its Dec'24 ferro chrome tender prices by RMB 300/t ($42/t) m-o-m to RMB 7,645/t ($1,058/t) DAP, including taxes. Sources suggest that the price drop might be attributed to weak demand and sufficient inventories of stainless steel and ferro chrome.