[chrome iron]The international chrome iron market quotation is not good

Last week, chromium iron market bad news continued. Sustained on several major stainless steel manufacturer of low sales, said only completed 3 / 4, with LME nickel price remains in the doldrums, more chrome iron to increase a shadow over the market. Last week apart from some investment companies will talk about prices rising, some of the operators FERROCHROMIUM the shares of listed companies has also been hit.
In the United States, high-carbon ferrochromium warehouse delivery price of 1.837 U.S. dollars / pounds, even high-quality orders are only slightly higher than the price of two dollars / pounds. As of last Friday, the European market in high-carbon ferrochromium Price 1.83 U.S. dollars / pounds (including freight), and European markets high-carbon ferrochromium than low-quality raw materials of India chromium iron activity. A seller, no signs of stabilization in the market.
Currently the U.S. market, Chinese-made chrome iron (C: 0.10%), shown in the 4.65 U.S. dollars / pounds, the European middle class, shown in five U.S. dollars / lb. European manufacturers hope that through long-term letters of credit in order to attract more buyers, a seller said: "We price and the price of China Mei Fabi, but we allow the seller to pay this tendency on the part of our choice."
In the European market, Chinese-made low-carbon ferrochromium (C: 0.10%) warehouse delivery price of 4-4.20 dollars / pounds (Cr content of 60-65 percent), 60 percent below the 3.50 U.S. dollars Price / lb. European domestic prices in the 4.90 U.S. dollars / lb, Western chromium iron producers said they will not be with China and India, the sellers compete to buy the raw materials this quarter. Western producers warned that if the small number of manufacturers did not stop lower pricing, they are ready to counterattack, continue to lower pricing, or even lower than the production costs of other smelters.
read more