Metalnewsnet 31 Mar: HC FeCr quotations sustained strong under Domestic stainless market demand. While international ferrochrome prices significantly increase. Import HC FeCr reduction will be good for domestic HC FeCr market.
Parts retail pieces reached 9400-9500 Yuan / 50 base ton (tax-inclusive) and some manufacturers still remained at 8800-8900 Yuan / 50 base ton. Manufacturers think HC FeCr market outlook extremely bullish and currently are small batches shipments dominated. A ferrochromium manufacturer in Henan inventory 4000-5000 tons, recent shipments cautious, while Shanxi a ferrochromium manufacturers currently almost no inventory due to pre shipments more. |