9/26/2008

September 27 domestic high-carbon chromium ferroalloy market analysis

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According to todays understanding of the Chinese ferroalloy network, high-carbon chromium iron alloy and the market more or less unchanged from yesterday, 12,000 yuan / ton-up and down the offer is still the mainstream, manufacturers are not quote a price without the city, the port of chromium ore prices stable, but still down trend .

At present, chromium continuing weakness of the iron alloy thin market transactions, be they large or small factory chrome iron chrome iron manufacturers, which offer ferrochrome steel plant are subject to a greater impact on the purchase price, the recent news that major domestic steel plant 11,500 Yuan / ton-based procurement price has not yet been able to confirm that a number of large-scale manufacturers of ferrochrome said there is no new news out, in fact, most of us are pretty well aware of such a procurement price that is then one or two acts of steel Other steel relative to delay the procurement, purchasing prices of different high and low, but illustrate the point, it is that the current price of chromium iron alloy still in the downlink channel.

Chromium from the iron alloy factory reflect the situation, some customers more manufacturers are currently only maintain old customers fairly good sales, small manufacturers of ferrochrome was limited and existing customers, and now face a sluggish market, only production To go out of business shortly after conception, in the hands of the stock sell-off in the near future is low, even if the loss is "expense" for the market outlook is "indifferent and powerless." At present, the global economic downturn have, chromium alloy market is no exception, with many manufacturers of years ago that discouraged the market, and price pressure may be a further pressure, and even manufacturers have estimated that the worst may fall below 10,000 Yuan, the situation is not optimistic.

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