Sinosteel Group Jilin Ferroalloy increases LC ferrochrome production
2023-03-08 08:31:26 [Print]
BEIJING (Asian Metal) 8 Mar 23 - Sinosteel Group Jilin Ferroalloy Co
The source mentioned, "We predict to produce around 4,000t of LC ferrochrome Cr55%min C0.25%max in March, up by around 1,000t from last month" . They explained that because of the weak market demand, they decreased their production last month . They hold 3 furnaces of 6,300kVA at present.
The producer, with an annual production capacity of 144,000t of LC ferrochrome Cr55%min C0.25%max, predicts to produce around 4,000t in March, up by 1,000t from last month . They produced around 42,000t so far in 2022 and about 6,000t so far in 2023.
On Tuesday, the mainstream prices for LC ferrochrome Cr55%min C0.25%max stand at RMB15,000-15,200/t (USD2,163-2,191/t) EXW D/P, unchanged from early this week . Insiders predict the mainstream prices would keep unchanged in the coming week as most suppliers have no plan to change their prices.
. , Ltd . , one of the major LC ferrochrome Cr55%min C0 . 25%max producers, predicts to increase their price in March, a source from this company revealed to Asian Metal.
The source mentioned, "We predict to produce around 4,000t of LC ferrochrome Cr55%min C0.25%max in March, up by around 1,000t from last month" . They explained that because of the weak market demand, they decreased their production last month . They hold 3 furnaces of 6,300kVA at present.
The producer, with an annual production capacity of 144,000t of LC ferrochrome Cr55%min C0.25%max, predicts to produce around 4,000t in March, up by 1,000t from last month . They produced around 42,000t so far in 2022 and about 6,000t so far in 2023.
On Tuesday, the mainstream prices for LC ferrochrome Cr55%min C0.25%max stand at RMB15,000-15,200/t (USD2,163-2,191/t) EXW D/P, unchanged from early this week . Insiders predict the mainstream prices would keep unchanged in the coming week as most suppliers have no plan to change their prices.