Daily Review of High carbon Ferro Chromium Market on April 15, 2020

Published: Apr 15, 2020 11:29

On April 15, individual domestic miners are in a state of closed sale, and the latest offers for mines in South Africa, Zimbabwe and other places have not yet been updated. At present, the bullish chromium ore market is still the main theme, and it is expected that in May, the national chromium mine inventory will obviously drop to become a hot spot in the future, but at present, the spot price of chromium ore has not risen further. South Africa 40-42% chromium concentrate quoted 28-31 yuan / ton, the outer plate price 140150 US dollars / ton, Turkey 4648% chromium concentrate quoted 3940 yuan / ton, the outer plate price 205210 / ton; High-carbon ferrochromium market retail price rose slightly, compared with the mainstream stainless steel factory bidding price difference in April gradually positive pull up 200-300 yuan / 50 basis tons; at present, the ferrochromium market is in a small sales state, upstream and downstream procurement is very cautious.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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