According to the latest statistics from South Korea, in June, 2014, Korea imported 2,823tons Low carbon ferrochrome (carbon content≤4%), of which China contributed 680tons, Russia 1,846tons, Kazakhstan 200tons, South Africa(SA) 75tons, German 20tons and India...

It was acknowledged that Indian government had decided that on July 10th, 2014, they would pull up the import tax of Stainless steel flat products from 5% to 7.5%.

It was acknowledged that the chromium metal supply in Chinese market was still tight while the price did not change much compared with the second week of July.

South African FeCr played an import role in the world for its rich chrome ore resources. In 2013, the global FeCr exports was 5.67million tons, of which South African’s accounted for 51%.

According to the relative statistics, Indian FeCr imports to China presented a rising trend in recent years, while the rising rate has large difference. In 2011, the total FeCr imports reached 191thousand tons, 2012was 194thousand tons and 2013 was 270thousand...

Exports of Chinese Cr metal surged to 1,080 mt, registering quadruple increase form last month. Surges occurred in exports to Japan, US and South Korea in May 2014. The reason was top exporter of Cr Metal-Russia greatly reduced exports due to political issue a...

Since 2014， the exports of high carbon ferrochrome was still pretty weak. For low carbon ferrochrome, its exports volume also presented a downturn trend in recent years.

In South of China, both Baosteel and Tsingshan Group had cut down the high carbon ferrochrome price in July by RMB50/mt.