[High-carbon ferrochrome] international high-carbon ferrochrome market prices again rising rapidly

Judging by the recent international market show that the European high-carbon ferrochrome spot prices again rising rapidly. rose to 147 cents / lb level.
Current high-carbon ferrochrome reserves tension, further price increases in Europe, apart from South Africa, Kazakhstan, Russia, India and Turkey, and other countries have blocked the purchase. Due to high carbon ferrochrome relatively scarce, affecting the entire market. European high-carbon ferrochrome spot market price of 1.42 U.S. dollars / pounds, is 1.48 U.S. dollars / pounds in the month. Price of the market last Thursday for a .40-1.45 U.S. dollars / pounds, The original price is a .00-1.05 U.S. dollars / pounds. Another noted that the second week of June to 147 cents / lb chromium prices in Europe with a small turnover, However, this transaction price has been used as the third quarter of this year, high-carbon ferrochrome contract negotiations standards. Sources have said that some manufacturers have already South Africa intends to increase prices, They plan to 7 -9 in the shipment increase in the price of 15-20 cents / lb. Indeed, the European stainless steel production capacity has been gradually declining, and LME nickel prices have also emerged last weekend fallen sharply and While this high-carbon ferrochrome will increase in the price of influence, but they are still negotiating with the quarterly data as a reference, therefore, the current high-carbon ferrochrome to 130 -140 cents / lb price range of small transactions.