[SMM Daily Review] Ferrochrome Market Remains Stable, Factories Actively Resume Production

게시됨: Apr 17, 2025 17:14
【SMM Daily Review: Ferrochrome Market Remains Stable with Active Factory Resumption】On April 17, 2025, the ex-factory price of high-carbon ferrochrome in Inner Mongolia was 8,300-8,400 yuan/mt (50% metal content), unchanged from the previous trading day...
On April 17, 2025, the ex-factory price of high-carbon ferrochrome in Inner Mongolia was 8,300-8,400 yuan/mt (50% metal content), unchanged from the previous trading day. The ferrochrome market operated steadily today, with many ferrochrome producers in the north and south resuming production. Two high-carbon ferrochrome enterprises in Inner Mongolia completed their earlier maintenance and resumed production of one 48,000 KVA and one 33,000 KVA submerged arc furnace, with an estimated monthly production impact of 14,000 mt. The recent rise in ferrochrome prices has boosted the production enthusiasm of ferrochrome producers, coupled with the completion of raw material stocking, leading to increased resumption of production. It is expected that ferrochrome production will see a significant increase in the future. Currently, chrome ore prices remain high and stable. Today, the overseas market futures quotation for South African 40-42% chrome concentrate at Tianjin Port was $295/mt, unchanged MoM from April 10. Buyers of chrome ore have a moderate willingness to accept high-priced chrome ore, and with sufficient inventory from previous raw material purchases, the purchase sentiment is mediocre, resulting in fewer transactions. With the middle of the month already passed, the market is waiting for the landing of a new round of steel tender prices. It is expected that the chrome ore and ferrochrome markets will operate steadily in the short term.

데이터 출처 설명: 공개 정보를 제외한 모든 데이터는 SMM이 공개 정보, 시장 커뮤니케이션 및 SMM 내부 데이터베이스 모델을 기반으로 가공한 것입니다. 본 자료는 참고용이며 의사결정 권고를 구성하지 않습니다.

문의 사항이 있거나 자세한 정보를 원하시면 아래로 연락해 주시기 바랍니다: lemonzhao@smm.cn
리서치 보고서 열람 방법에 대한 자세한 내용은 아래로 문의하시기 바랍니다:service.en@smm.cn
[SMM Daily Review] Ferrochrome Market Remains Stable, Factories Actively Resume Production - Shanghai Metals Market (SMM)