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High-carbon ferrochrome market continues to increase in China

Time:Fri, 24 Sep 2021 11:29:32 +0800

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At present, the high-carbon ferrochrome market continues to be strong and looks forward to rising. The supply gap cannot be recovered in the short term. At the same time, under the favorable conditions of cost support and the continuous rise of terminal stainless steel price, the industry's rising mentality remains unchanged, and the market confidence is boosted, which is optimistic about the future market. At the same time, close to a new round of steel plants bidding, many people believe that there is still room for upward growth in the future price of high-carbon ferrochrome. 

Today's data show that the quotation of high-carbon ferrochrome is 11200-11400 yuan/ton, an increase of 800-900 yuan/ton again.

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