Monthly Chrome Market Report Mar 2024
2024-04-08 08:34:11 【Print】
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1. Market Highlights
The mainstream prices for Chinese HC ferrochrome edge up in March as purchasing prices from steel mills increased, while mainstream prices for LC ferrochrome declined due to soft demand. Mainstream prices for silicon chromium moved up as prices for raw materials increased. Import price for ferrochrome in China increased.
In late March, the import prices for South African, Turkish and Zimbabwean chrome ore in China moved up as domestic suppliers lift price up to test the market and the increased offers from overseas suppliers.
Despite weak demand, prices for Chinese chrome metal edged up in March as prices of raw materials increased; prices for chromium oxide green and chromic anhydride prices edged up, but market movements kept stable.
The mainstream prices for Chinese HC ferrochrome edge up in March as purchasing prices from steel mills increased, while mainstream prices for LC ferrochrome declined due to soft demand. Mainstream prices for silicon chromium moved up as prices for raw materials increased. Import price for ferrochrome in China increased.
In late March, the import prices for South African, Turkish and Zimbabwean chrome ore in China moved up as domestic suppliers lift price up to test the market and the increased offers from overseas suppliers.
Despite weak demand, prices for Chinese chrome metal edged up in March as prices of raw materials increased; prices for chromium oxide green and chromic anhydride prices edged up, but market movements kept stable.
