Weekly Stock of Chrome Ore in China's Main Ports (1-Jul-16)

[Ferro-Alloys.com] China is the world's main producer and a major supplier of ferrosilicon. To reduce the effects of ferrosilicon production on resources and the environment since 2005, ferrosilicon exports in China, subject to strict export license management...

After rising in early June, North China’s iron ore benchmark prices now stand above the US$50/ton. The Tianjin’s 62% iron ore import prices have increased for the third consecutive days, rose to US$53.4/ton. Morgan Stanley predicted that second half of the...

[Ferro-Alloys.com]Tsingshan Group and Baosteel, major stainless steel producers in Southern China, released their tender prices for high-carbon ferrochrome, and both of them lowered their prices by RMB150/T 50% Cr basis, showing that the rebound for high-carbo...

[Ferro-Alloys.com]Chrome ore prices are suffering downtrend pressure after Tsingshan and Baosteel lowered their tender prices in July. The chrome ore prices might slip a little in the coming week.

[Ferro-Alloys.com]Tsingshan Group lowered its tender price for high-carbon ferrochrome in July to RMB6,127/T 50% Cr basis from RMB6,278/T 50% Cr basis in June,

[Ferro-Alloys.com]Baosteel lowered its tender price for high-carbon ferrochrome in July to RMB6,130/T 50% Cr basis

Chinese iron ore futures rose on Wednesday, touching a fresh seven-week peak before coming off their highs, as steel prices stabilised after recent gains and high port stocks pointed to ample supply.