[High-carbon ferrochrome] China shortly high carbon ferrochrome market conditions remained difficult predicament lift

Stainless steel due to the recent market downturn trend that directly affect upstream raw materials ferrochrome market is heading. Sustaining tired of ferrochrome prices in the cost of production under the high pressure situation alarming Recently ferrochrome market repeatedly hope out of its predicament. However, as downstream stainless steel industry boosted ineffective, chromium ore prices upstream temperature retire, in addition to price, transportation, and so on the rise, the ferrochrome industry is in the act's difficult situation.
According to the understanding, stainless steel products due to sluggish sales and profits low. domestic stainless steel prices and yield trend was continuing to decline, steel wantonly suppress the purchase price of raw materials, and try to reduce the number of the original purchase, so the high-carbon ferrochrome overall demand, in addition to many steel mills have inventory reserves, short term market demand is not obvious, thus leading to the current ferrochrome prices declined. Market sources, in accordance with the steel mills, the current inventory levels, production in June should be used to be self-satisfied. and the steel is also intended to reduce procurement time to reduce the funding pressure and waiting for the return of warmer stainless steel.
As steel inventory status and procurement attitude determines that the high carbon ferrochrome market demand will be relatively low. Moreover, imports ferrochrome competition, in June of domestic high-carbon ferrochrome market situation will be relatively difficult, the appropriate time prices are likely to show a small decline in the market, to try product sales of protection.
Current high-carbon ferrochrome production costs have been too high a prominent warning, the decline in domestic prices of the space is extremely limited. At present, European and other international markets high-carbon ferrochrome prices go up, MB Price rising Therefore the major exporting countries ferrochrome prices unlikely exports, imports ferrochrome faces the same cost of this embarrassing situation, Domestic iron and chromium facing the same predicament. Therefore, the cost of the support, the late high-carbon ferrochrome domestic downlink unlikely, the overall should remain stable situation. the plight of manufacturers in the short term is difficult to lift.