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August 28, 2008


Taigang Q2 HC ferrochrome purchase price up by 16%

It is reported that Taigang's purchase price for high carbon ferrochrome in the second quarter is fixed at CNY 11000 per tonne, CNY 1520 per tonne up by 16% as compared to the first quarter.

Some suppliers said there is a part priced at CNY 11200 per tonne. In the current market, high carbon ferrochrome price prevails at CNY 11500 per tonne.