Chrome Market Report November 2013

In early and middle of November, Chinese chrome market keeps stable, but due to low purchasing prices of high carbon ferrochrome for December from TISCO and JISCO, most participants are very pessimistic towards the ferrochrome market and Chinese ferrochrome market decreases slightly in the spot market.Asian Metal CopyrightIn early and middle of November, Chinese chrome market keeps stable, but due to low purchasing prices of high carbon ferrochrome for December from TISCO and JISCO, most participants are very pessimistic towards the ferrochrome market and Chinese ferrochrome market decreases slightly in the spot market.Asian Metal Copyright However, due to low prices of ferrochrome, high production costs and environmental protection, more and more smelters have to shut down their ferrochrome production.Asian Metal Copyright However, due to low prices of ferrochrome, high production costs and environmental protection, more and more smelters have to shut down their ferrochrome production.Asian Metal Copyright If the suspension continues and the stocks keep consuming, a few participants expect Chinese ferrochrome market to go up slightly in January, but most participants have no confidence towards the market before the Spring Festival holidays.Asian Metal Copyright If the suspension continues and the stocks keep consuming, a few participants expect Chinese ferrochrome market to go up slightly in January, but most participants have no confidence towards the market before the Spring Festival holidays.Asian Metal Copyright