Home / Metal News / Daily Review of High carbon Ferro Chromium Market on April 20, 2020

Daily Review of High carbon Ferro Chromium Market on April 20, 2020

iconApr 20, 2020 11:17
Source:SMM

On April 20, the domestic chromium mine price remained stable compared with last week, South Africa 40-42% chromium concentrate quoted 28-31 yuan / ton, the outer offer price 140-150 US dollars / ton; 42-44% Chromium concentrate spot quotation 28-32 yuan / tonnage, outer offer price 160-170 US dollars / ton, South Africa 38-40% raw ore offer 31-33 yuan / tonne, Turkey 4648% chromium concentrate 39-40 yuan / tonne, outer offer price 205210 / ton, Turkey 4042% block ore 43-44 yuan / tonne, outer offer $200-205 / ton; Ferrochromium prices in chromium ore is still strong, iron plant own low-cost ore consumption is basically exhausted, the use of high-price chromium ore at the same time ferrochromium 5800 yuan / 50 basis tons of low quotation has basically disappeared, the current Inner Mongolia quotation range rose to 5900-6000 yuan / 50 basis tons, there are iron plants expected stainless steel plant next month high carbon ferrochromium tender price will rise significantly.

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

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn