High carbon ferrochrome market melee upgrade

          Near the end of month, a new round bid of high-carbon ferrochrome tender has not yet started. Chrome upstream and downstream manufacturers continue to hold wait and see attitude. The lack of mainstream price guidance, coupled with the recent spot price of chrome ore port slightly raised, the domestic ferrochromium manufacturers offer their own according to their own cost adjustment, resulting in market pricing is more chaotic.
          Recently, the spot price of chrome ore slightly raised, part of the chrome iron manufacturers by its cost support, external retail prices raised, especially in southern Guizhou, Hunan factory offer more strong, foreign higher offer raised to 9700 yuan / 50 basis tons (cash included Tax factory). While the Inner Mongolia area of ​​the factory is adjusted according to their own cost of external quotations, the current offer from 9,300-9500 yuan / 50 basis tons (cash tax factory).
           Another part of the manufacturers are responding to a new round of steel tender trend is unknown, the current inquiry plate is also mostly to inquiry-based. The lack of mainstream price reference, the current offer is not a low not low on the state, only the outer seal claims that no cash, after the tender to finalize, and then adjust the price according to their own costs.
          According to the major steel mills, said the current high-chromium stocks are still abundant, not eager to start the March tender. The price trend is still not slightly ruled down may be. In view of the current ferrochrome, chrome ore price confusion, it is recommended that manufacturers according to their own costs, sales real-time adjustment of operating mode, waiting for the tender market outlook.