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At present, China's ferrochrome market price declined slightly. The ex factory quotation of high carbon ferrochrome including tax is 8,400-8,600 yuan/ton 50%Cr, down by 50 yuan/ton.
The ferrochrome market is dominated by weak and stable operation. This price has been lower than the production cost line of most factories. Some manufacturers have a strong price mentality, and they hold the cost line and offer firm prices. However, some factories sold at a loss due to the return of funds, and the market transaction price was slightly adjusted to 8,400 yuan/ton.