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According to the Customs, HC ferrochrome import volume totaled 145,400 tons in October, up 4.01% than it was in September. HC ferrochrome import volume totaled 1,204,000 tons from January to October, up 13.71% than it was last year at the same period of time.
HC ferrochrome imported from South Africa totaled 51,800 tons in October, up 2% than it was in September. HC ferrochrome imported from South Africa totaled 659,600 tons from January to October, accounting for 54.78% of the ferrochrome total imports.
HC ferrochrome imported from India totaled 11,900 tons in October, drops 64.37% than it was in September. HC ferrochrome imported from India totaled 163,300 tons from January to October, accounting for 13.56% of the ferrochrome total imports.
HC ferrochrome imported from Kazakhstan totaled 74,300 tons in October, up 46.54% than it was in September. HC ferrochrome imported from Kazakhstan totaled 328,400 tons from January to October, accounting for 27.27% of the ferrochrome total imports.
According to the above data, imported HC ferrochrome stock is in heavy stock, which will affect the domestic HC ferrochrome market. In October, steel mills imported more HC ferrochrome from overseas, so the demand for domestic HC ferrochrome will reduce. It will be hard to see HC ferrochrome price increase.