Xinganglian Metallurgy increases HC ferrochrome production
2023-03-30 07:48:10 [Print]
BEIJING (Asian Metal) 30 Mar 23 - Xinganglian Metallurgy Co
The source mentioned, "We predict to produce around 135,000t of HC ferrochrome Cr52%min C8%max in March, while we only produced around 120,000t in February". They predict to produce around 135,000t in April as well.
The producer, with an annual production capacity of 1,680,000t of HC ferrochrome Cr52%min C8%max, predicts to produce around 135,000t in March, up by around 15,000t from February. They produced around 1,080,000t in 2022 and produced around 345,000t so far in 2023.
On Wednesday, the mainstream prices for HC ferrochrome Cr52%min C8%max stand at RMB8,900-9,100/t (USD1,292-1,321/t) EXW D/P, unchanged from early this week. Insiders predict the mainstream prices would keep unchanged in the coming three days because most suppliers hold watchful attitudes and have no plan to change their prices before the purchase prices of steel mills come out.
. , Ltd . , one of the major HC ferrochrome HC ferrochrome Cr52%min C8%max producers, increased their production in March, a source from this company revealed to Asian Metal.
The source mentioned, "We predict to produce around 135,000t of HC ferrochrome Cr52%min C8%max in March, while we only produced around 120,000t in February". They predict to produce around 135,000t in April as well.
The producer, with an annual production capacity of 1,680,000t of HC ferrochrome Cr52%min C8%max, predicts to produce around 135,000t in March, up by around 15,000t from February. They produced around 1,080,000t in 2022 and produced around 345,000t so far in 2023.
On Wednesday, the mainstream prices for HC ferrochrome Cr52%min C8%max stand at RMB8,900-9,100/t (USD1,292-1,321/t) EXW D/P, unchanged from early this week. Insiders predict the mainstream prices would keep unchanged in the coming three days because most suppliers hold watchful attitudes and have no plan to change their prices before the purchase prices of steel mills come out.