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At the beginning of the week, the high carbon ferrochrome market remained stable, with a current price range of 8,800-8,900 yuan/ton in China. As the traditional off-season for consumption has arrived, downstream steel mills have reduced production and stopped production for maintenance, resulting in a bearish demand for raw materials. Traders have relatively limited operating space and tend to purchase small quantities cautiously according to demand. However, considering the high cost of raw materials, the overall decline space is relatively limited.
At the beginning of the week, China's imported chrome ore market remained stable. Although there were no obvious signs of fluctuations in the overall market, it faced downward adjustment pressure in the future, and the market had a relatively strong atmosphere of cautious operation.