Weekly Report of Chromium Market (1.18-1.22): The price of ferrochrome has increased dramatically, and the chrome ore market has been strongly supported.
From the perspective of power generation, from January to December 2020, China's industrial power generation above designated scale growed by 2.7% year-on-year.
The bidding prices of steel plants in February are close to or even more than 8000 yuan per ton, injecting confidence into the spot market of ferrosilicon.