Chrome Market Report April 2016

In early April, high carbon ferrochrome market saw tight supply and firm prices.Asian Metal Copyright In late April, some steel mills largely raised their tender prices for May, so the mainstream prices in the spot market also soared.Asian Metal Copyright In middle the month, some steel mills made replenishments to fill the gap of earlier tenders, which pushed up the mainstream prices.Asian Metal Copyright In middle the month, some steel mills made replenishments to fill the gap of earlier tenders, which pushed up the mainstream prices.Asian Metal Copyright In late April, some steel mills largely raised their tender prices for May, so the mainstream prices in the spot market also soared.Asian Metal Copyright In middle the month, some steel mills made replenishments to fill the gap of earlier tenders, which pushed up the mainstream prices.Asian Metal Copyright From early to middle April, prices for low carbon and extra-low carbon ferrochrome remained firm after a major increase in late March as the market supply continued to be tight and most producers rarely held any inventories.Asian Metal Copyright In late April, some steel mills largely raised their tender prices for May, so the mainstream prices in the spot market also soared.Asian Metal Copyright In late the month, producers raised their prices for low carbon and extra-low carbon ferrochrome again.

From early to middle the month, chrome ore prices in the domestic market have spiraled up along with the increase of chrome ore prices in the international markets. In late the month, high carbon ferrochrome prices went up by large scale, so did the prices for chrome ore.
.Asian Metal CopyrightIn early April, high carbon ferrochrome market saw tight supply and firm pricesAsian Metal Copyright