Baosteel, one major steel mill in China, once again cut down the benchmark price of high carbon FeCr in May.

Due to the weak demand of the stainless steel and foundry market, the low carbon ferrochrome trade was not well.

This week FeCr market ran smoothly in China and sidelined atmosphere grew in late April.

According to the statistics, China imported 867.6thousand tons chrome ores in Mar.

Recently the low carbon ferrochrome price was quoted firm in Chinese market,

If the FeCr price in May still could not reach their expectation, they would consider to shutdown.

Now the discontinuation range was just restricted in the manufactures in South Areas

The strike in SA had already last for a long time, while the stalemate was not changed by now. The Cr ores supply had already surged, and even though the strike was over, the exploration need some time to recover