Daily Review of High carbon ferrochromium on April 23, 2020

Published: Apr 23, 2020 11:29

On April 23, the price of high carbon ferrochromium is stable all over the country. Jiuquan Iron and Steel Co., Ltd. plans to carry out annual maintenance in early May, taking turns from steelmaking to cold rolling, affecting the output of 20,000 tons and 30,000 tons, and the reduction of steel plant production affects more than 10,000 tons of ferrochromium. Inner Mongolia high carbon ferrochromium quoted 58506000 yuan / 50 basis tons, northwest 58506000 yuan / 50 basis tons, Sichuan quoted 6000-6100 yuan / 50 basis tons, East China 6100-6200 yuan / 50 basis tons; In terms of chromium ore, the price of 4648% chromium concentrate in Turkey was increased by 1 yuan / tonne, and that of 48-50% powder in Zimbabwe was increased by 0.5 yuan / tonnage.

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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