Wenchuan Shunfa Electric Melting Smelting increases HC ferrochrome production
2023-03-24 07:40:33 [Print]
BEIJING (Asian Metal) 24 Mar 23 – Wenchuan Shunfa Electric Melting Smelting Co
The source disclosed, "We estimate to produce around 2,000t of HC ferrochrome Cr52%min C8%max in March, up by around 500t from last month". They noted that they hold 2 furnaces of 16,500kVA at present and could normally produce around 5,000t to 6,000t each month, while they only produced around 2,000t in March because they only operate one furnace this month.
The producer, with an annual production capacity of 84,000t of HC ferrochrome Cr52%min C8%max, predicts to produce around 2,000t in March, up by about 500t from last month. They produced around 5,500t so far in 2023.
On Thursday, the mainstream prices for HC ferrochrome Cr52%min C8%max stand at RMB9,000-9,200/t (USD1,317-1,346/t) EXW D/P in Sichuan area. Insiders predict the mainstream prices would keep flat in the following three days as most suppliers hold watchful attitudes and have no plan to change their prices.
. , Ltd . , one of the major HC ferrochrome Cr52%min C8%max producers in Sichuan area, predicts to increase their production in March, a source from this company revealed to Asian Metal.
The source disclosed, "We estimate to produce around 2,000t of HC ferrochrome Cr52%min C8%max in March, up by around 500t from last month". They noted that they hold 2 furnaces of 16,500kVA at present and could normally produce around 5,000t to 6,000t each month, while they only produced around 2,000t in March because they only operate one furnace this month.
The producer, with an annual production capacity of 84,000t of HC ferrochrome Cr52%min C8%max, predicts to produce around 2,000t in March, up by about 500t from last month. They produced around 5,500t so far in 2023.
On Thursday, the mainstream prices for HC ferrochrome Cr52%min C8%max stand at RMB9,000-9,200/t (USD1,317-1,346/t) EXW D/P in Sichuan area. Insiders predict the mainstream prices would keep flat in the following three days as most suppliers hold watchful attitudes and have no plan to change their prices.