[Ferro-Alloys.com]The stockpile of chrome ore in ports remained at around 2.15 million tons in Oct.1-11. The purchasers from downstream posed no positive attitude to make orders for chrome ore. Meanwhile, traders of chrome ore had no desire to sell. The tender...
[Ferro-Alloys.com]The price of ferrochrome has been decreasing since March 2014. September and October are supposed to be best time for the ferrochrome market every year, but this year seems to be an exception.
For a reference, the change in recent benchmark prices meant for Europe was <> January - March in 2013: US Cents 112.5 (up by US Cents 2.5 from the prior quarter), <> April - June: US Cents 127 (up by US Cents 14.5 ditto), <> July - September: US Cents 112.5 (...
this week the chrome ores spot price kept stable while some mines of futures continued to decrease. It was predicted that the Cr ores price would not be well then as the FeCr price was seen to go down in Oct..
In recent week both the Chinese producing FeCr and import FeCr stayed stable while it was expected that the price would further decline for the high production. In addition, the benchmark price of HC FeCr in Oct. released by Baosteel decreased by RMB50/mt once...
In recent week the chrome ores spot price stayed stable while the trading stalemate as the buyers tried to cut down the Cr ores price while the sellers held the price for the high cost. In spot market, Cr ore from South Africa with Cr 40-42% at RMB29-31/mtu wh...