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The ferrochromium market is temporarily stable in China

Time:Fri, 07 Jan 2022 09:46:05 +0800

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The price of high carbon and medium, low and micro carbon ferrochromium is temporarily stable in China. The mainstream price of high-carbon ferrochromium in the market is slightly stable to 8000-8200 yuan / ton. At the supply side, Yuncheng area of Shanxi Province is affected by environmental protection, and the production reduction continues. Due to the loss of profits in Chongzuo, Guangxi, some enterprises have stopped production for maintenance in advance. And the main production area-Inner Mongolia is in stable operating. The low price of some chrome ore at the raw material end led to a decline in the smelting cost of high-carbon ferrochromium, which further weakened the price support. And the ferrochrome market is expected to operate weakly and stably in the short term.
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