[Ferro chrome] July China ferrochrome market decreased
After entering July, the domestic steel mills, continue to reduce production, its ferrochrome and other raw material procurement obviously slowed down, domestic ferrochrome price decline has started to decline, so far, in just a month's time, ferrochrome prices overall have dropped by 1,000 yuan / tons, but now the market performance of more chaos, major price is a much bigger gap, are high-carbon ferrochrome Price mainstream manufacturers in 8200 -8500 yuan / ton, and still 8,800 yuan / ton Price, South and the North existed 200 -300 yuan / ton-gap; carbon ferrochrome and low-priced at 12,000 yuan / ton, while the higher compared with 12,800 yuan / ton, 13,500 yuan / ton, or even 14,000 yuan / ton have; low carbon ferrochrome on the decline in most obviously, the largest declines, C25 low carbon ferrochrome prices in the mainstream 14500-14600 yuan / ton (60). Micro-carbon ferrochrome (C10) prices in the mainstream 15300 -16000 yuan / ton or less. Low-carbon ferrochrome 14,500 yuan / ton in the month following a lot, and 15,300 yuan / ton in the month is still there, Micro-carbon ferrochrome as low as 14,600 yuan / ton, in the high price of 16,000 yuan / ton, low carbon-carbon ferrochrome cash situation is poor.
In the current domestic situation in Pakistan, throughout the highs and lows of business quotations vary Price has a higher turnover will be difficult, and the lower bid price situation will be better, not far from satisfactory. Some of the civil service is sold to steel mills directly or fixed old clients of the manufacturers, but in terms of quantity but also reduces a lot.
Ferrochrome prices in the doldrums hard to three main factors :
First, demand greatly reduced. Stainless Steel Plant to reduce the procurement of direct combat ferrochrome producers enthusiasm in production, product marketing difficulties, increased stockpiles, cash flow difficulties, forcing some manufacturers to reduce production, production, as well as produce.
2 is chrome ore and other raw material at a high level. The high price of raw materials will have high production costs and product prices when costs reached the bottom line, So manufacturers shutdown is the time to go out of business.
3 is the price factor. Macroeconomic policies in the implementation of differentiated pricing, with the aim of raising some do not meet the requirements of the environmental management of the operating costs of manufacturers, making them "disappear" and eliminated.
The above principal factors exist, making the already lighter ferrochrome prices even worse, many production, cut off their businesses as soon as possible to "wipe out" the stock, for the low cost of dumping, while large manufacturers are still persist, This creates a price chaotic situation, but the industry believes that the consolidation will experience this kind of bumpy, Once survive the hard times, the next phase will be gradually coming out of the shadow, bright easy on the front!
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