Zhonghuan Semiconductor to invest 9 billion yuan to build silicon project in Inner Mongolia

SMM April 7 News (Source: Market information): According to market sources, Nandan County Jilang Indium Industry Co., Ltd. plans to sell crude indium ingots externally on April 7. The product specifications are indium ≥99.00%, with a total quantity of approximately 1,000 kg, in compliance with the standard YS/T 1163-2016 "Crude Indium". The delivery location is the warehouse of Nandan County Jilang Indium Industry Co., Ltd. (Industrial Park, Chehe Town, Nandan County, Hechi City). The seller is responsible for loading and weighing, while the buyer bears the freight costs. The bidding deadline is before 16:00 on April 7, 2026; bids submitted after the deadline will be invalid.

As of March 31, faced with upward cost pressure from high chromium ore prices, most ferrochrome producers have planned maintenance and output cuts recently. The supply-demand relationship of ferrochrome is expected to gradually adjust to a tight balance in the outlook.

In the spot market, high-priced long-term contracted cargoes arrived at ports in the early stage with high cargo receiving costs. Domestic traders showed a strong willingness to prop up prices, driving continuous hikes in chromite quotations. However, downstream demand remained sluggish. Coupled with persistently high shipments and a notable inventory build-up, selling pressure intensified, slowing the upward momentum of spot chromite prices.