In the first week of September, mainstream HC ferrochrome price remained the same as last week at RMB6,200-6,450/T. The price can neither rise nor fall due to the strong chrome ore price and weak downstream demand. HC ferrochrome is being normally produced in...
[Ferro-Alloys.com] Although manganese alloys suppliers situation varies in different region of China, rising labor cost and capital pressure already approached to the bottom line that alloy producers could endure. In fact, too low tender price for steelmills a...
This week the chrome ores quotes in Chinese spot market did not change much while some mines’ trading price, like Turkey Cr ores concentrates, decreased by RMB0.5/mtu. As the poor condition of Chinese FeCr market had last for a long time, the Cr ores futures ...
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...
In total, the operating rate in South areas were better than that of north areas. Even though the capacity release rate recovered slightly, the production were still highly restricted by the nickel ores supply and the poor market. In Shandong province, the str...