Turkey Export&Import Statistics of Ferro-chromium in Jan-July, 2014

[Ferro-Alloys.com]WWW.Ferro-Alloys.cn ’s message: As is shown in this picture, the price of ferrochrome in China is presented a downward trend in the past two years.

Over the same period, Cr ores stock at Chinese main ports constantly recorded low. At the end of July, the total stock had decreased to 2.1million tons, decreasing by 22.2% than that of early Jan..

At the end of July, the high carbon FeCr production was stable. Due to the poor market condition, the recovered capacity was not obvious, while the total supply was adequate. The suppliers said the purchasing was not optimistic now for the weak demand.

This week the South African Cr ores spot declined by RMB0.5/mt while others stayed firm. On July, 25th, the total stock was 2.1million tons, hitting a record low once again while the whole trading was not well. Despite of the poor condition of the spot, the fu...

In June 2014, China imported 139.9thousand tons FeCr, which decreased by 30.15% month on month while increased by 31.75% year on year.

In June 2014, China imported 786.9 thousand tons chrome ores, rising by 14.87% month on mon

As overall operation of FeCr manufacturers was bad, Cr ore transaction was bad. In spot market, chrome ore from South Africa with Cr 40-42% was RMB29.5-31.5/mtu