6/04/2007

[High-carbon ferrochrome] in mid - to late Japanese import high-carbon ferrochrome situation

Japan and South Africa will soon enter negotiations 7 -9 month high carbon ferrochrome price negotiations consignor of the main stage. European stainless steel production started declining tendency, are now facing a turning point. Since the tariff changes after the European stainless steel buyers do not have enough time for negotiations Japan therefore, at this crucial time high carbon ferrochrome has become the main negotiating price policy makers.
South African producers have said the massive increase 7 -9 in the quarter in high carbon ferrochrome prices, But the rate of increase is also unknown. Some South African producers adhere quarter of this price increase at 15 -20 cents / lb, However, from South Africa's message is one of the moderate price increase in the 8 -10 cents / lb. In addition, the Chinese procurement of high-carbon ferrochrome spot price of 115 cents / lb.

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