This week more enterprises in Hunan, Sichuan and Guizhou areas stop production, resulting in fewer purchasing of chrome ores. Adding to the tighter transport and the adequate stock in factors, the trading decreased.

As the Spring Festival was approaching, more ferrochrome factories chose to close down temporarily because of the weak market conditions and the increasing power cost, or the environmental inspection. While, the stainless steel condition was also not well, add...

Since medium Jan. the nickel ores traders turned optimist for the later market conditions. In recent days, as the steel mills pulled up theferronickel price, stimulating the traders’ mood to a greater extent.