Indian FeCr Price and Sales Conditions in China

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 ...

Thursday, September 4, 2014

FeCr Price decreased in Sep. in China

September buying prices by RMB 50/t making sellers unable to hold their tags. Spot quotations may drop by the same amount, which is why some producers will have to halt manufacture. Domestic prices for HC FeCr (50% Cr) stay at RMB 6,400-6,500/t ($1,133-1,...

Tuesday, September 2, 2014

Chrome Alloy Spot Market is Silent in Europe

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

Tuesday, September 2, 2014

India: HC FeCr prices largely stayed steady

Prices for high-carbon ferrochrome (60% Cr; 6-8% C;3% Si max) in India have been quoted this week at $0.84-0.87/lb Cr F0B India (down $0.01/lb Cr on the lower end of the last week's price range). A batch of the material has been shipped to South America at $0....

Tuesday, September 2, 2014

High FeCr Price in China Totally Declined (Aug.25th-Aug..29th)

In recent week the high carbon ferrochrome totally declined by RMB50-100/mt along with the new round of purchase of steel mills. Now the mainstream price of Domestically produced FeCr was RMB6200-6450/mt. the import FeCr price stayed stable as India ferrochrom...

Monday, September 1, 2014

South African & Indian FeCr Exporters were Reluctant to Reduce the Price-China

It was assessed that Ferro Chrome producers were unwilling to correct offers on the background of high production costs from winter power tariffs in South Africa and tight supply as well as high prices of Chrome ore in India. Sellers also had limited spot mate...

Friday, August 29, 2014

FeCr to Experience Downward Pressure in Sept due to Large Supply (August 18th-Aug 22nd)

The domestic price kept stable this week,with more producers shutting down their furnaces. The bankruptcy for the small companies is inevitable. The supply of the ferrochrome in the market is over sufficient for the market needs, with serious overproduction. ...

Monday, August 25, 2014

FeCr Producers in China Lack of Hope for Market Conditions in H2, 2014

In Aug., the operating rate of high carbon ferrochrome in Shanxi province-one major producing areas of China reduced to 45%, mainly because of the poor market condition. According to the sellers here, the sales were smoothly and most of them had no that much s...

Friday, August 22, 2014
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