In the first week of September, mainstream HC ferrochrome price remained the same as last week at RMB6,200-6,450/T. The price can neither rise nor fall due to the strong chrome ore price and weak downstream demand. HC ferrochrome is being normally produced in...
At the beginning of September, the operating rate for HC ferrochrome plants in Henan province is around 30-40%. The plants in production are facing with thin profits due to the high price of electricity.
Chinese buyers are also not in hurry to purchase imported material because of low demand in summer, with expectations of further price correction in the domestic market and ample supply of low-priced domestic material.“Chinese buyers do not have plans to buy ...
n the last week of Aug., chrome alloy spot market is still silent. Quotations of high-carbon ferrochrome (60-65% Cr6-8% C) stay at last week's $1.04-1.10/lb Cr DDP. 0ne trader offers the alloy (65% Cr) at $1.05-1.06/lb Cr ex-warehouse
September buying prices by RMB 50/t making sellers unable to hold their tags. Spot quotations may drop by the same amount, which is why some producers will have to halt manufacture. Domestic prices for HC FeCr (50% Cr) stay at RMB 6,400-6,500/t ($1,133-1,...
Prices for high-carbon ferrochrome (60% Cr; 6-8% C;3% Si max) in India have been quoted this week at $0.84-0.87/lb Cr F0B India (down $0.01/lb Cr on the lower end of the last week's price range). A batch of the material has been shipped to South America at $0....
In recent week the high carbon ferrochrome totally declined by RMB50-100/mt along with the new round of purchase of steel mills. Now the mainstream price of Domestically produced FeCr was RMB6200-6450/mt. the import FeCr price stayed stable as India ferrochrom...
This week the chrome ores quotes in Chinese spot market did not change much while some mines’ trading price, like Turkey Cr ores concentrates, decreased by RMB0.5/mtu. As the poor condition of Chinese FeCr market had last for a long time, the Cr ores futures ...