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Shanxi to March high carbon ferrochrome operating rate is 44%, production capacity is 49% (↑ 21%). The yield is expected to 4.88 (↑ 2.2) million tons. Shanxi ferrochrome factory specific circumstances are as follows:
On the one hand, March high chromium retail prices rose sharply. Shanxi manufacturers increased production enthusiasm, early in the manufacturers are incremental production, especially large local manufacturers in full production status, resulting in a substantial increase in local production.
On the other hand, there is no advantage at all on the cost of electricity in Shanxi relative to other major producing areas. In terms of the country, long-term shutdown factory almost become zombie enterprises, coupled with the recent increase in environmental pressure, most of the short-term plant production hopeless.