September buying prices by RMB 50/t making sellers unable to hold their tags. Spot quotations may drop by the same amount, which is why some producers will have to halt manufacture. Domestic prices for HC FeCr (50% Cr) stay at RMB 6,400-6,500/t ($1,133-1,...
Prices for high-carbon ferrochrome (60% Cr; 6-8% C;3% Si max) in India have been quoted this week at $0.84-0.87/lb Cr F0B India (down $0.01/lb Cr on the lower end of the last week's price range). A batch of the material has been shipped to South America at $0....
n the last week of Aug., chrome alloy spot market is still silent. Quotations of high-carbon ferrochrome (60-65% Cr6-8% C) stay at last week's $1.04-1.10/lb Cr DDP. 0ne trader offers the alloy (65% Cr) at $1.05-1.06/lb Cr ex-warehouse
This week the chrome ores quotes in Chinese spot market did not change much while some mines’ trading price, like Turkey Cr ores concentrates, decreased by RMB0.5/mtu. As the poor condition of Chinese FeCr market had last for a long time, the Cr ores futures ...
In recent week the high carbon ferrochrome totally declined by RMB50-100/mt along with the new round of purchase of steel mills. Now the mainstream price of Domestically produced FeCr was RMB6200-6450/mt. the import FeCr price stayed stable as India ferrochrom...
In total, the operating rate in South areas were better than that of north areas. Even though the capacity release rate recovered slightly, the production were still highly restricted by the nickel ores supply and the poor market. In Shandong province, the str...
Futures price of low-grade nickel ore falls by around USD4.00 this week. Currently, futures price for nickel ore (Fe50%, water33%) is quoted at USD27-29/wet mt, nickel ore (Fe49%, water33%) at USD26-28/wet mt, and nickel ore (Fe48%, water33%) at USD25-27/wet m...