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Daily Review of High carbon Ferro Chromium Market on April 16, 2020
Apr 16,2020 11:55CST
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Source:SMM
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April 16, stainless steel futures and spot market prices continue to rise 100-200 yuan / 50 tons, the industry in the late trend of chromium can be roughly summarized as a short-term strong upward trend, medium and long-term need to be combined with the downstream stainless steel market to continue to observe. Inner Mongolia high carbon ferrochromium factory offer 5800-5900 yuan / 50 basis tons; northwest 5800-5900 yuan / 50 basis tons, Sichuan mainstream offer 60006100 yuan / 50 basis tons, retail quotation continues to deviate from pig steel.

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