Now the chrome industry of China faced complex situation, as the rainy season was coming and the FeCr enterprises had to start operation. While most of the discontinued manufactures had no stock and the enterprises with normal production

China EMM Market Was Stable

FeSi Market was Expected to Run Weakly in early May

Baosteel, one major steel mill in China, once again cut down the benchmark price of high carbon FeCr in May.

Manganese Ore quoted by major Miner was dropped by USD0.5/DMTU cif China basis.Followed by Brazil, price quoted usd3.8-4.0/dmtu Cif China basis for 38-40% grade Manganese Ore.

[Ferro-Alloys.com] Others oversea miners also lowered May shipment prices for China on manganese ore in the wake of BHP firstly edged down new round shipment for China. It is reported that Comilog45% lump ore pushed down to

Due to the weak demand of the stainless steel and foundry market, the low carbon ferrochrome trade was not well.

Recently, in Chinese market, most of the high FeNi manufactures held the stock for rise.