Chrome Market Report November 2014
2015-02-02 08:52:19 【Print】
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In November, the Chinese chrome market continued to decline with limited activity
. The price of ferrochrome went up slightly in November after falling continuously; the bidding prices were likewise on an uptrend for high carbon ferrochrome in steel mills, and the market was more active than it had been previously . However, with most ferrochrome producers in southern areas having ceased production, those in the north have begun reducing their production as well; the chrome ore market remains subdued in China with the ferrochromium in short supply domestically and demand for chrome ore weakened.