On November 13, SteelOrbis reported US domestic high-carbon ferrochrome (6-8 percent carbon, 60-65 percent chromium, and maximum 2 percent silicon) trading at $3,085-3,262/mt in-warehouse Pittsburgh.
Market sources inform SteelOrbis that prices remain stable at $3,085-3,262/mt in-warehouse Pittsburgh on limited spot market activity. Prices are expected to remain the same in the US market into January. A source noted that the recent slight spot price declines in Japan, South Korea, and China are not expected to immediately affect US domestic ferrochrome prices.