Week of ferrochrome review(1)

   This week, following last week's tender after a sharp fall in taigang,In January high carbon ferrochrome of baosteel bidding price fell 660 yuan / 50 tons. Affected by the negative mentality highlight domestic downstream procurement business demand, but due to difficult to clinch a deal at low price, foreign retail price by only 200-300 yuan / 50 tons. Prachanda silicon southwest high carbon ferrochrome plant mainstream price 5300-5400; Northwest of 5250-5300; The northeast 5550-5650; East China 5400-5500; North China, central China, 5200-5300; Mainstream distributor price in 5400-5450 yuan / 50 tons; Low silicon(silicon content below 2.0%) .High carbon ferrochrome mainstream factory production enterprises tax price 5300-5400 yuan/tons, 50 mainstream ex-factory price 55 distribution enterprises.

  Since the latest bid for high carbon ferrochrome taigang 4780 price, domestic chrome bad on upstream and downstream manufacturers, factory production is unable to under pressure, now the factory foreign retail suspended quotation, difficult to accept the downstream purchasers directly with big steel mills bidding price enquiry. Tender and southern region factory more pessimistic, steel plant, have also plans to run out of the existing ore prices shut down for the holiday. Sichuan factory directly, said this month for the retail price of short duration does not consider reference mills bidding price, the minimum acceptable price is RMB 5200/50 tons of cash tax (the factory). Now in jiangsu and zhejiang area part of the small and medium-sized steel mills would like to refer to castle peak latest purchasing price, factory for the price is not compromise, lead to small and medium-sized steel mills low-cost procurement slightly difficult recently.