Weekly Report of Chromium Market (1.18-1.22): The price of ferrochrome has increased dramatically, and the chrome ore market has been strongly supported.

The bidding prices of steel plants in February are close to or even more than 8000 yuan per ton, injecting confidence into the spot market of ferrosilicon.

In 2020, both the volume and price of China's iron ore imports rose significantly, the annual import volume reached 1.1 billion tons for the first time.

The rising trend of tungsten alloy prices gradually slow down.

The molybdenum market runs weakly;

The Vanadium market runs smoothly;

Mainstream chromium futures prices rise sharply

This week, the domestic ferrosilicon market is still running well, most of the manufacturers are still tight in the spot.