Baosteel, one major steel mill in China, once again cut down the benchmark price of high carbon FeCr in May.

Due to the weak demand of the stainless steel and foundry market, the low carbon ferrochrome trade was not well.

This week FeCr market ran smoothly in China and sidelined atmosphere grew in late April.

Recently the low carbon ferrochrome price was quoted firm in Chinese market,

According to the statistics, China imported 867.6thousand tons chrome ores in Mar.

If the FeCr price in May still could not reach their expectation, they would consider to shutdown.

Now the discontinuation range was just restricted in the manufactures in South Areas

After one and half months’ negotiation, the benchmark price in Q2 was still not settled, making the ferrochrome export traders hard to get effective guide. As the ferrochrome market in large import country-China kept weak condition, getting in large export pr...