And it’s expected for the market to continue to be under pressure in the short term.

The domestic ferrosilicon market continued to operate weakly this week.

Limited utilization of capacity as well as cost support, making the spot market generally strong, but the transaction slowed down.

The spot market was relatively stable and mostly wait-and-see.

Weekly report of chrome market in China

The market was slightly chaotic, and most manufacturers were reluctant to offer, and there was a strong wait-and-see mood.

Manufacturers were reluctant to sell and traders were in a strong wait-and-see mood.

The tone of steel bidding in September was established last Friday with the bidding price of HBIS Group at 10700 yuan per ton.