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

This week High C FeCr prices kept steady at , ex-work tax-inclusive price in cash. But spot prices of imported FeCr went down RMB100/mt(USD16/mt) from last week.

This week FeCr producers kept normal production and producers offered much varied quotations. Some producers lowered quotations as Baosteel and Tsingshan Group both lowered July purchase prices of FeCr.

This week the prices of spot chrome ore kept stable as follows chrome ore from South Africa with Cr 40-42% at RMB29.5-31.5/mtu while Cr 44% at RMB31.5-32.5/mtu

In July, most of the Chinese stainless steel mills cut the bidding price for ferrochrome and also altered the payment items about the payment cycle, which impelled ferrochrome producers to hesitate for chrome ore purchase. However, the stockpiles on the Chines...

Multiple sources indicated July bidding prices of HC FeCr tended to remain flat with last month. Some steel mills might increase purchase price due to reduced volume, but the purchase prices were unlikely to rise with large ranges due to adequate supply in Chi...