The quotation of high carbon ferrochrome is srtong in China

The quotation of high carbon ferrochrome in Inner Mongolia this week is 8400-8600 yuan / ton. The market price of high carbon ferrochrome in some regions increased slightly by 100 yuan / ton, and the market activity increased. In terms of supply, the production of high carbon ferrochrome in Shanxi, Guangxi and Sichuan was blocked due to the environmental protection policy of the Winter Olympics,and the epidemic situation. Due to the continuous high costs in Hunan, Guizhou and other places, some enterprises were shut down before the festival. It is expected that the output of high carbon ferrochrome will decrease significantly in February. On the demand side, although some steel mills have reduced production due to the impact of the Winter Olympic Games, the overall production scheduling increased in February and the demand for ferrochrome increased.