Weekly Report of Chromium Market (1.18-1.22): The price of high-carbon ferrochrome rose explosively, and the spot price of high-grade and South African chromium concentrate continued to rise.

The Chinese export price for ferrosilicon is US$1,390/tonne which includes the 20% export tax.

The tungsten market runs smoothly;

The molybdenum market is in downward trend;

The prices of vanadium alloy rise slightly;

Weekly Report of Chromium Market (1.18-1.22): The price of ferrochrome has increased dramatically, and the chrome ore market has been strongly supported.

The bidding prices of steel plants in February are close to or even more than 8000 yuan per ton, injecting confidence into the spot market of ferrosilicon.

In 2020, both the volume and price of China's iron ore imports rose significantly, the annual import volume reached 1.1 billion tons for the first time.