Henan Xinjinhui Stainless Steel Co in Henan province, China increased its high-carbon ferro-chrome bid price to 4,800 yuan ($742) per tonne for April on Monday April 11, an officer at the stainless steel mill told Metal Bulletin.
The new figure is 120 yuan higher than March’s level. Henan Xinjinhui will buy about 12,000 tonnes of material in total, the official said.
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