Other Elements and Materials

Chinese ferrochrome traders are less willing to sell goods at low prices

Chinese ferrochrome traders are less willing to sell goods at low prices
Mining News Agency -As most of the ferrochrome factories are not in stock, the traders are less willing to sell goods at low prices.
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Mining News -The current market has basically returned to a stable level, and the overall price is not changed much compared to that before.

Most of the traders take a wait-and-see attitudes and are intended to wait for a new round of ferrochrome tender prices.

 At present, on the one hand, the central purchase of steel plants in May has been basically finished; on the other hand, the recent overhaul of the large steel plants also makes the demand for high carbon ferrochrome drop.

Of course, we should pay close attention to the change of market supply and demand.


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