The steel bidding in April was delayed, and the price gradually dropped.

Monthly review of chromium series Market (3.1-3.31): chromium series market is weak and stable, and the industry has a strong wait-and-see mood

Weekly Report of Chromium Market (3.29-4.2): The chromium market is weak, with less inquiries and transactions.

In the second half of the month, the demand for ferrosilicon was reduced in the short term.

Moody’s Investors Service forecasts the global metals and mining industry’s earnings will increase by about 30% through the first quarter of 2022 on the back of economic recovery, as well as rising demand and tight supplies for steel, iron-ore and copper.

Weekly Report of Chromium Market (3.22-3.26): Weak market operation, wait and see, waiting for next month's steel recruitment.

The operating rate and output are still relatively stable and the demand side is relatively weak.

Glencore expects the group's ferrochrome production to reach 1.4 million tons in 2021.