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Daily Review of High carbon Ferro Chromium Market on May 7, 2020
May 7,2020 11:46CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

May 7, the return of the post-festival market, the national quotation and the actual transaction have increased, Inner Mongolia high carbon ferrochromium factory quoted 6000-6100 yuan / 50 basis tons, northwest 6000-6150 yuan / 50 basis tons, Sichuan region mainstream quotation 6200-6300 yuan / 50 basis tons, the actual transaction price is about 50 yuan / 50 basis tons lower than the offer. At present, there is still a price difference of 100-200 yuan / 50 tons between the retail market and the mainstream steel market. Under the condition that the price of chromium ore in the upper reaches is no longer stable due to the impact of the epidemic, the short-term ferrochromium market may be in a stable market.

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