[SMM analysis] the price of high carbon ferrochromium is weak-chromium ore is easy to fall but not rise.

SMM, April 17 / PRNewswire-Asianet /-

According to SMM research, the trend of power shortage in Inner Mongolia has been alleviated after the Spring Festival. As of today, no notice of power limit has been received for power plant maintenance. At present, factories in Wulanchabu area still maintain a high operating rate, although the port chromium mine has a downward trend. However, with the decline in the price of terminal stainless steel, the output of high-carbon ferrochromium has increased unabated, the supply has increased, the price has fallen, and the inventory of factories and ports is abundant, and the price of chromium ore has also been downgraded. All parties are waiting to see the follow-up power limit in Inner Mongolia. Be careful with your purchases. It is expected that the price of high carbon ferrochromium will still fluctuate in a short period of time.

For more information, please subscribe to the "China Ni-Cr stainless Steel Industry chain General report" and "China Ni-Cr stainless Steel Industry chain High end report" of SMM nickel research group products. Get the latest nickel ore, nickel pig iron (China + Indonesia), electrolytic nickel, nickel sulfate, chromium ore, ferrochromium, stainless steel (China + Indonesia) related data analysis and market analysis! For order and trial, please call 021 5166 6855 QQ 2880 505677, contact: Wang Tong

(Shanghai Color Network Wang Tong TEL: 021 51666855 QQ: 2880505677)