Because of the weak stainless steel market, this week the import ferrochrome went weaker in not only spot but the future market.

Because of the weak stainless steel market, this week the import ferrochrome went weaker in not only spot but the future market.

As the steel mills cut down the ferrochrome tender price in Mar., the FeCr producers tired to pressure on the chrome ores price to reduce the cost. Under this condition, the South African chrome ores concentrates beat the brunt for its high stock. Even though ...

This week more enterprises in Hunan, Sichuan and Guizhou areas stop production, resulting in fewer purchasing of chrome ores. Adding to the tighter transport and the adequate stock in factors, the trading decreased.

As the Spring Festival was approaching, more ferrochrome factories chose to close down temporarily because of the weak market conditions and the increasing power cost, or the environmental inspection. While, the stainless steel condition was also not well, add...

While spot ferrochrome inquiry volumes ranged greatly in the middle of Jan, there was plenty of movement across the EU and US. With prices on the upswing in both regions, buyers were looking