[Conference Report]Chrome Ores Price would keep Firm

  • Tuesday, October 21, 2014
  • Source:ferro-alloys.com

  • Keywords: Chrome Ores Cr ferrochrome FeCr
[Fellow]For Cr ores market preview, Mr. Cao said, South African Cr ores would further enlarge the export to China for rand devaluation. While Turkey Cr ores price would keep firm for the limited supply as well as decreasing stock in Chinese market. He said, in 2014, t...

[Ferro-Alloys.com]On Oct. 17th, Mr. Cao Wenquan from Eti Krom Beijing Representative Office made wonderful speech on the 5th Mn Cr Ni & Ore Industry International Conference.

Mr. Cao expected that in 2015, the FeCr supply might appear shortfalls. He explained that the steel demand in China was still optimistic while the steel stock would fall down for more traders exit the industry. Besides, the changing policy might also affect the demand.

For Cr ores market preview, Mr. Cao said, South African Cr ores would further enlarge the export to China for rand devaluation. While Turkey Cr ores price would keep firm for the limited supply as well as decreasing stock in Chinese market. He said, in 2014, the Cr ores price would basically kept stable while in 2015 it would be a rising year for the low stock and strong demand from FeCr enterprises.

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  • [Editor:Juan]

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