keywords :
The high carbon ferrochrome market has shown a temporary stable operation, with prices ranging from 8,800 to 9,000 yuan/ton in China. The bidding prices for steel mills have gradually been established in July, with the current price of high carbon ferrochrome, including taxes, for large stainless steel mills entering the factory being 8,795 to 8,995 yuan/ton, which remains unchanged compared to June. The factory's quotations are mostly focused on stability, and the short-term price volatility may be limited.
The overall price of chrome ore in the market remains stable, and the current chrome ore market is also flat after the steel bidding of steel mills. Due to limited downstream demand, ferrochrome factories are cautious in purchasing chrome ore. In addition, the price of chrome ore has remained stable at a high level recently, and futures prices have been guided by long-term agreements to remain stable at high levels. In terms of spot goods, due to inventory risks and the pressure of ferrochrome factory procurement, there are individual sellers who offer low prices for chrome ore powder. However, the overall price of chrome ore remains stable.