5/26/2007

Ferrochrome strong international demand for ferrochrome market remains strong

According to market sources by the end of April, the international market demand for high-carbon ferrochrome strong Indian ferrochrome market is also very strong.
A trader said, ferrochrome supply remains scarce and demand is extremely strong. 60 # high carbon ferrochrome prices at 45,500 rupees (1,087 U.S. dollars metric ton). Similarly, low carbon ferrochrome supply is very tense, Mumbai, India Newport low carbon ferrochrome price of 1.25 U.S. dollars / pounds. 0.1% carbon and low carbon ferrochrome warehouse transaction prices of 87 rupees / kg. However, the trader to 1.22 U.S. dollars / lb contract price to purchase 100 tons of this low-carbon ferrochrome. Another trader said that the high-carbon ferrochrome demand is still very strong, 60 # ferrochrome price of 90 cents /pound. Bags 0.1% carbon and low carbon ferrochrome Bombay Newport CIF - 1.30 U.S. dollars / pounds. Said one consumer to high carbon ferrochrome price increases and the continued growth momentum almost out of control.
Allegedly due to strong demand in the international market, the local ferrochrome supply tensions. 60-65# high carbon ferrochrome shipped to consumer prices for manufacturers 48000-50000 rupees / t (1146- 1,194 U.S. dollars metric ton).

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