China: Tsingshan lowers Jan'25 ferro chrome tender prices by RMB 400/t ($55/t)
China's Tsingshan lowered its ferro chrome tender prices for Jan'25 by RMB 400/t ($55/t) to RMB 6,995/t ($959/t) DAP, including taxes. The decline might be attributed to weak domestic demand, sufficient supply, and bearish market sentiment, all of which contributed to the downward price adjustment.