Entering Middle of Sept., low carbon FeCr price in China basically kept stable while some sellers adjusted the trading price slightly according the market conditions in local area. Now the mainstream price was quoted as below: low carbon FeCr(C25) was quoted a...
At early of Sept.,the ferrochrome price totally declined, which pulled down the chrome ores spot price and the purchasing volume, and the details were listed as below: chrome ore from South Africa with Cr 40-42% at RMB29-31/mtu while Cr 36-38% lumps at RMB35-3...
In the first week of September, mainstream HC ferrochrome price remained the same as last week at RMB6,200-6,450/T. The price can neither rise nor fall due to the strong chrome ore price and weak downstream demand. HC ferrochrome is being normally produced in...
At the beginning of September, the operating rate for HC ferrochrome plants in Henan province is around 30-40%. The plants in production are facing with thin profits due to the high price of electricity.
Chinese buyers are also not in hurry to purchase imported material because of low demand in summer, with expectations of further price correction in the domestic market and ample supply of low-priced domestic material.“Chinese buyers do not have plans to buy ...
n the last week of Aug., chrome alloy spot market is still silent. Quotations of high-carbon ferrochrome (60-65% Cr6-8% C) stay at last week's $1.04-1.10/lb Cr DDP. 0ne trader offers the alloy (65% Cr) at $1.05-1.06/lb Cr ex-warehouse