[SMM Announcement] On the Addition of New Chromium-related Price Points

Dear Valued Customer,

Greetings! To provide more precise and effective feedback on the market dynamics of the domestic chromium industry, better serve clients along the chromium industry chain, mitigate transaction risks and costs for enterprises, and enhance the referential value of quotations, SMM has, through a period of preparation and market research, decided to newly release three chromium-related price indices starting from July 1st:East China High-carbon Ferrochrome; Chrome Ore Oman（Cr2O3 30-32%）-（Tianjin Port）; Chrome Ore Oman（Cr2O3 30-33%）-（CIF）, for market reference.

1.Evaluation (Calculation) of Published Prices

Shall be completed before 11:30 a.m. on working days (excluding Chinese statutory holidays and weekends).

2.Pricing Unit and Form of Presentation

Presentation: Price range

3.Online update schedule

Starting from July 1st, 2025, before 11:30 a.m. on working days (excluding Chinese statutory holidays and weekends).

We sincerely invite more enterprises along the industry chain to participate and support SMM in delivering better services to chromium industry chain clients. For any inquiries, please feel free to contact Wang Cong at 021-51666838, Feng Disheng at 021-51666714, or Mao Shasha at 021-20707863.

SMM Stainless Steel and Raw Materials Research Team

June 25th, 2025