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,...
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....
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...
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...
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. ...
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...
it could be seen that from Jan.2013 to Jul.2014, the Chinese FeCr and South African FeCr in Chinese market continued to declined and another important point was the price gap between the two products gradually decreased. in the first half year of 2013, South A...
Even though most of the quotations of the low carbon ferrochroem did not have much changes, some producers said the sales slowed down in recent weeks. the drop of its raw materials price and the weakened demand from steel mills loosened the LC FeCr price.