This week (11.27-12.1), China’s high-carbon ferrochrome prices remained stable as most suppliers had no intention of adjusting prices. Prices of low carbon ferrochrome and silicon chromium increased. As most suppliers have no intention of adjusting prices, the price of high-carbon ferrochrome imported from China remains stable.
Due to the deserted market, the price of high-carbon ferrochromium at the ports of Rotterdam and Pittsburgh remained stable; due to the inactive market, the price of low-carbon ferrochromium at the ports of Rotterdam and Pittsburgh remained stable.
The Chinese port prices of South African chrome ore and Turkish chrome ore remained stable compared with last weekend. As most suppliers have no intention of adjusting prices, the CIF prices of South African chrome ore and Turkish chrome ore imported into China remained stable.
On December 6, 2023, as the domestic market price remained unchanged, most suppliers kept their prices unchanged since the beginning of this week. Industry insiders predict that mainstream prices will remain unchanged in the coming week, as most suppliers have no plans to change prices.
