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ferro chrome prices Analysis

ferro chrome prices Analysis

ferro chrome prices Analysis

Anyang Weiyuan Alloy provides professional ferro chrome prices information, high-quality products, and excellent delivery services.

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Market Details

ferro chrome prices


Domestic ferro chrome prices generally rose slightly, and the New Year ushered in a “good start” after the New Year’s Day. Among them, the price increase of high carbon ferrochrome during the week was 100 yuan/50 basis tons, the price increase of medium and low carbon ferrochrome was 100-200 yuan/60 basis tons, and the price increase of silicon chromium alloy was also 100 yuan/ton.

As supply-side production releases tightened and steel mills purchased more winter reserves, bidding prices increased one after another, and the increase slightly expanded, pushing factory quotations to continue to rise, making low-priced supply increasingly difficult to find. And as downstream iron prices continue to rise slightly, the support for ore prices has increased. Some factories have increased their winter storage purchases and stockings, and the cost side still forms strong support.

1. High carbon ferro chrome prices market


As of now, the mainstream ex-factory cash price including tax in Inner Mongolia for polysilicon high-carbon ferrochrome in the north is 8,600-8,800 yuan/50 basis tons; the mainstream ex-factory cash price including tax in Sichuan in the south is 8,700-8,900 yuan/50 basis tons; tax-included import prices from Jiangsu, Zhejiang, Shanghai, etc. The factory-delivered (including freight) distribution price is 8,900-9,100 yuan/50 basis tons; compared with last Friday (before New Year’s Day), the price has increased slightly by 100 yuan/50 basis tons again.

High carbon ferro chrome prices

At present, the bidding and procurement of high-carbon ferrochrome for steel plants in January is still in progress. Judging from the first pricing situation, the bidding price of high-carbon ferrochrome (natural block) for large stainless steel plants including tax is priced at 8294-8495 yuan. /50 basis tons, the price is mainly the same as last month; the cash price of individual small and medium-sized stainless steel plants including tax is around 8,750 yuan/50 basis tons, the price has slightly increased by 50 yuan/50 basis tons compared with last month;

And special steel The factory’s high-carbon ferrochrome (processed block) bidding including tax is priced at 9100-9598 yuan/60 basis tons. The price increase from the previous month ranges from 80-400 yuan/50 basis tons. Steel bidding prices increased after the New Year’s Day. It will expand towards the high level of 9300-9598 yuan/50 basis tons.

 

Taken together, as supply-side production releases tighten and steel mills purchase more winter reserves, bidding prices have risen one after another, and the increase has slightly expanded. This has pushed factory quotations to continue to rise, and low-priced supply has become increasingly difficult to find. Among them, the ex-factory cash transaction price of Inner Mongolia Pusilicon high-carbon ferrochrome including tax has gradually moved towards 8600-8700 yuan/50 basis tons for negotiation. Although the quotations of smelting plants have generally been raised, the follow-up of real orders at high prices has been slow.

 

The new round of steel Factory bidding prices have become differentiated, resulting in traders operating more cautiously and focusing on demand. There are relatively few cases of stocking up for increases before the end of the Lunar New Year. However, it is expected that the high-carbon ferrochrome market will operate stably to strong before the Spring Festival, but there is only room for growth. limited.

2. Low, medium and micro carbon ferro chrome prices market


Up to now, the ex-factory cash price of medium-carbon ferrochrome including tax is 14,000-14,300 yuan/60 basis tons; the price of C0.50 low-carbon ferrochrome is 14,900-15,200 yuan/60 basis tons; the price of C0.25 low-carbon ferrochrome is 15,000-15,300 yuan /60 basis tons; the price of V15 micro-carbon ferrochromium is 15,100-15,400 yuan/60 basis tons; the price of V10 micro-carbon ferrochromium is 15,200-15,500 yuan/60 basis tons; the price of V6 micro-carbon ferrochromium is 15,500-15,800 yuan/60 basis tons.ferro chrome prices Analysis

Judging from the above quotation situation, compared with last Friday (before New Year’s Day), the price has increased by 100-200 yuan/60 basis tons again. Since the rebound in late November, in the past more than a month, the price of medium carbon ferrochrome has accumulated The increase has reached 500 yuan/60 basis tons; the price of low-carbon ferrochrome and micro-carbon ferrochrome has increased cumulatively by 900 yuan/60 basis tons; as the external quotations of factories are mainly high and firm, some low-carbon ferrochrome processing blocks are even in retail spot.

 

The ex-factory cash quotation including tax is still as high as 15,300-15,500 yuan/60 basis tons, but some traders have reported that futures quotations from major northern manufacturers are as low as 14,800-14,900 yuan/60 basis tons.

 

At the same time, the ex-factory cash price of the raw material 72# silicon chromium alloy including tax has also increased to 9,900-10,100 yuan/ton, which is slightly higher than the previous price by 100 yuan/ton.

 

After the New Year’s Day, the steel mill’s new round of bidding for low-carbon ferrochrome and micro-carbon ferrochrome increased the acceptance price including tax to 15,700-16,402 yuan/60 basis tons, with a month-on-month price increase of 490-900 yuan. / 60 basis tons, the increase in bidding prices has expanded compared to before the New Year’s Day, and the difficulty of bidding and procurement negotiation for downstream steel mills has increased. The development of the subsequent steel bidding situation still needs further attention. The low, medium and micro carbon ferrochromium market cannot be ruled out next week. There is also a steady and slight upward trend.

 

 

Ferro chrome company products for sale


Anyang WeiYuan Alloy Co., Ltd was established in 2011. We specialize in producing various ferroalloys for steel making, including Ferro Silicon, Ferro Chromium, Silicon Carbide, Ferro Manganese, Metal silicon price Calcium Silicon Barium, Metallurgy Nodulant, Silicon Calcium Powder, carbon raiser, etc.

Advanced equipment and strict QC procedures ensure our products are of high quality.

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