Metalnewsnet  9 Apr :

Domestic high-carbon ferrochrome showing a smooth trend, while the ferrochromium manufacturers are still unwilling to sell and think the price still has a room to increase. Combined with the downstream and the upstream situation, both bullish and bearish may occur.

Reasons for price increase:
 
Firstly, High production costs;
Secondly, the purchase prices of steel makers are reasonable;
Thirdly, big gap between international prices;
Fourthly, Medium Carbon ferrochrome and low carbon ferrochrome keeps gains recently with expectation shipping situation.
Last but not least, steel prices increased that may affect steel procurement.

Reason for decrease:

Although the downstream steel market prices remained stable, the transaction prices have signs of decline, and the market stock is big with weak digestion.