Recently, ferrochromium market is running weak, with price dropping and rare transactions. A lot of manufacturers have to cut production or shut down in succession. Most market participants are not confident to the market trend of July and August, so they are waiting and seeing. At present, high-carbon ferrochromium market mainstream offer is 7800-8100/mt.

  According to some manufacturers in inner Mongolia, Sichuan province, etc., they don’t give offers at present. The will not ship out at low price on the backing of cost, so they are waiting and seeing.

  A large domestic ferrochromium manufacturer, they have to cut production on the gloomy demand and low price. Currently, they mainly produce by order, to supply to old customers, and they are not confident about after-market.