Shuangfu Chemical increases HC ferrochrome production
2023-03-28 08:22:19 [Print]
BEIJING (Asian Metal) 28 Mar 23 - Inner Mongolia Shuangfu Chemical Co
The source mentioned, "We predict to produce around 7,000t of HC ferrochrome Cr52%min C8%max in March, up by around 1,000t from February". They hold 2 furnaces of 25,000kVA at present.
The producer, with an annual production capacity of 240,000t of HC ferrochrome Cr52%min C8%max, predicts to produce around 7,000t in March, up by around 1,000t from February. They produced around 19,000t so far in 2023, and produced about 48,000t in 2022.
On Monday, the mainstream prices for Chinese HC ferrochrome Cr52%min C8%max stand at RMB9,000-9,200/t (USD1,308-1,337/t) EXW D/P in Inner Mongolia, unchanged from late last week. Most suppliers hold watchful attitudes towards the market prices and purchase prices of steel mills in April . Insiders would wait for purchase prices of steel mills and have no plan to change their prices.
. , Ltd . , one of the major HC ferrochrome Cr52%min C8%max producers, predicts to increase their production in March, a source from this company revealed to Asian Metal.
The source mentioned, "We predict to produce around 7,000t of HC ferrochrome Cr52%min C8%max in March, up by around 1,000t from February". They hold 2 furnaces of 25,000kVA at present.
The producer, with an annual production capacity of 240,000t of HC ferrochrome Cr52%min C8%max, predicts to produce around 7,000t in March, up by around 1,000t from February. They produced around 19,000t so far in 2023, and produced about 48,000t in 2022.
On Monday, the mainstream prices for Chinese HC ferrochrome Cr52%min C8%max stand at RMB9,000-9,200/t (USD1,308-1,337/t) EXW D/P in Inner Mongolia, unchanged from late last week. Most suppliers hold watchful attitudes towards the market prices and purchase prices of steel mills in April . Insiders would wait for purchase prices of steel mills and have no plan to change their prices.