[High-carbon ferrochrome] active in the international demand for ferrochrome supply shortage

Because the United States ferrochrome market has become increasingly scarce and demand remained active, in order to stimulate the soaring prices. And innovation in January 2004 has been the most robust upward trend period. The recent high-carbon ferrochrome warehouse delivery prices increased by about 13% from 63-64 cents per pound rise to 70-74 cents. 60% chromium and carbon containing 0.15% of low carbon ferrochrome prices from 1.02-1.06 dollars per pound to a . 12-1.14; Chromium containing 62% carbon o. 1% from 1.05-1.08 1.20-1.25 U.S. dollars to U.S. dollars and 65% chromium containing carbon o. 05% from 1.16-1.18 1.25-1.35 U.S. dollars to U.S. dollars.
Kazakhstan and India supplier of a substantial increase in transport costs to lower prices and good export markets of Asia, corresponding reduced exports to the United States, leading to a shortage of supply and demand in the U.S. market. And the United States Defense Logistics Agency (DLA) recently sold reserves ferrochrome limited support to the market price increases. According to reports, in January and February by the Department to the market to sell 2,721 tons of high-carbon ferrochrome. And the European market with stainless steel and special steel production of the active and thus caused ferrochrome consumption and stimulate price increases. Which high-carbon ferrochrome recent price hikes of 11% from 67-72 cents per pound increased to 74-82 cents. It is estimated that the recent trend is still there.
Ferrochrome market due to shortage of supply and demand is brisk, it also attracted worldwide producers and consumers, especially in Europe and Japan to lower inventory levels. Even the world's major producers from the South African manufacturers also looking around the ferrochrome. Ferrochrome market supply shortage is the main reason for the near future worldwide new ferrochrome production capacity is very limited. While Russia is facing producers of chromium ore crystal-decreasing and the other due to a corresponding increase in domestic demand reduced exports. Some equipment manufacturers swooped from the production of chrome and into production ferrosilicon. But producers generally face a common problem of energy supply. India and China, but manufacturers have faced the same problem.