It was acknowledged that Indian government had decided that on July 10th, 2014, they would pull up the import tax of Stainless steel flat products from 5% to 7.5%.

South African FeCr played an import role in the world for its rich chrome ore resources. In 2013, the global FeCr exports was 5.67million tons, of which South African’s accounted for 51%.

According to the relative statistics, Indian FeCr imports to China presented a rising trend in recent years, while the rising rate has large difference. In 2011, the total FeCr imports reached 191thousand tons, 2012was 194thousand tons and 2013 was 270thousand...

Exports of Chinese Cr metal surged to 1,080 mt, registering quadruple increase form last month. Surges occurred in exports to Japan, US and South Korea in May 2014. The reason was top exporter of Cr Metal-Russia greatly reduced exports due to political issue a...

Since 2014， the exports of high carbon ferrochrome was still pretty weak. For low carbon ferrochrome, its exports volume also presented a downturn trend in recent years.

In South of China, both Baosteel and Tsingshan Group had cut down the high carbon ferrochrome price in July by RMB50/mt.

n May, 2014, China exported 1,080tons chromium metal, which rose by 529% month on month and 53% year on year, accounting for nearly half the total of the first five months.

From May to June, the ferrochrome production was stable. And according to some producers, the large production would not be changed much in July. So the demand for chrome ores