Chromium Metal Price in China Stayed Stable Despite of the Drop in Europe

[Ferro-Alloys.com]As Baosteel lowered their tender prices for micro-and low-carbon ferrochrome at the end of Oct, the main quotation for micro-and low-carbon ferrochrome dipped in Qinghai by RMB200/t.

[Ferro-Alloys.com]Turkey has been China’s the second largest exporter of chrome ore following South Africa since 2007. However, China increased its import volume of chrome ore from Albania by about 370k tons in 2013 by comparison of 2012, and the volume is ab...

[Ferro-Alloys.com] According to statistic of Zinbabwe Customs, the ferroalloy (high carbon ferrochrome) export kept stable at the level of 250~280 thousand ton tons. Almost all of the materiasls were shipped to Mozambique.

[Ferro-Alloys.com]China’s import volume of chrome ore totaled 7,486,503 tons in Jan-Sept 2014, among which 4,462,060 tons are from South Africa, 1,105,680 tons from Turkey ,471,730 tons from Albania and 374,897 tons from Iran.

From 2012 to half 1 of 2013, the Pakistan chrome ores spot price fluctuated largely. In the first half of 2012, the monthly average price of 42% Pakistan Cr ore spot was RMB44.5-47.5

It was acknowledged that in 2012, 42% Iran Chrome ores spot market was poor, the monthly average price of which basically maintained at RMB43.5-45.5/mtu.

[Ferro-Alloys.com]Tsingshan Group and Baosteel have released their tender prices for high carbon ferrochrome in November, which remains the same in prices and purchasing volumes. The steadiness of high carbon ferrochrome can be seen through the new tender pric...