Weekly report of chrome market in China

HBIS Group released the bidding information of ferrosilicon 75B in October, with a volume of 3126 tons and a price of 16000 yuan per ton.

The market was slightly chaotic, and most manufacturers were reluctant to offer, and there was a strong wait-and-see mood.

Manufacturers were reluctant to sell and traders were in a strong wait-and-see mood.

The spread is over four times as wide as the $326/st from a year ago.

Chinese magnesium metal prices have rebounded following a fall earlier this week as producers raised their offer prices in response to tighter spot availability.

The tone of steel bidding in September was established last Friday with the bidding price of HBIS Group at 10700 yuan per ton.

Demand usually picks up during the Indian festivals of Dussehra and Diwali, which is celebrated in October and November, respectively.