Monthly Chrome Market Report Feb 2025

1. Market Highlights 2
2 Economy and Policy 2
3. Market Movements 2
3.1 Chinese Market Movements 2
3.1.1 HC ferrochrome Cr 52%min C 8%max (50-basis) EXW China 2
3.1.Asian Metal Copyright3 Hubei Zhenhua started equipment maintenance of chrome oxide green 7 Hubei Zhenhua Chemical Co, a major producer of chrome oxide green in China, started equipment maintenance in the middle of this month, a source from the company disclosed to Asian Metal.Asian Metal Copyright2 LC ferrochrome Cr 55%min C 0.25%max(60%-basis) EXW China 2
3.1.Asian Metal Copyright4 South African HC ferrochrome Cr 50%min C 8%max 50-basis in port China 2 3.Asian Metal Copyright3 LC ferrochrome Cr 55%min C 0.1%max (60%-basis) EXW China 2
3.1.4 South African HC ferrochrome Cr 50%min C 8%max (50-basis) in port China 2
3.1.5 Indian HC ferrochrome Cr 58%min C 8%max (50-basis) in port China 2
3.1.Asian Metal Copyright22% in February 7 5.Asian Metal Copyright6 Kazakhstan HC ferrochrome Cr 68%min C 8.5%max (50-basis) in port China 2
3.1.7 Silicon chromium Si42%min Cr30%min EXW China 3
3.1.8 Chrome metal 99%min EXW China 3
3.1.9 South African chrome concentrate 40%min in port China 3
3.1.10 South African chrome lump 38%min in port China 3
3.1.11 Turkish chrome lump 40%min in port China 3
3.1.12 Turkish chrome concentrate 46%min in port China 3
3.1.13 Zimbabwe chrome concentrate 48%min in port China 4
3.1.14 Prices for chromium oxide green 99%min in China 4
3.1.Asian Metal Copyright2 Zhenhua Chemical to raise chrome metal price 7 Hubei Zhenhua Chemical Co.Asian Metal Copyright15 Chromic anhydride 99.8%minin EXW China 4
3.2 Export Market Movements 4
3.2.Asian Metal Copyright1.Asian Metal Copyright1 LC ferrochrome Cr 60%min C 0.1%max (60%-basis) FOB China 4
3.2.2 Chrome metal 99%min FOB China 4
3.3 International Market Movements 5
3.2.1 HC ferrochrome Cr 60%min C 8%max in Europe 5
3.2.Asian Metal Copyright2.Asian Metal Copyright2 LC ferrochrome Cr 60%min C 0.1%max in Europe 5
3.2.3 HC ferrochrome Cr 60%min C 8%max in America 5
3.2.Asian Metal Copyright7 Silicon chromium Si42%min Cr30%min EXW China 3 3.Asian Metal Copyright4 LC ferrochrome Cr 60%min C 0.1%max in America 5
3.2.7 Import prices for ferrochrome by country 5
3.2.8 Import prices for chrome ore by country 5
3.2.9 Export prices for chrome ore by country 6
4. Company News 7
4.1 Jianchang Fangri resumed production of HC ferrochrome 7
Jianchang Fangri Metallurgical Furnace Charges Co, a major producer of HC ferrochrome in Liaoning, resumed production this week after holiday of Spring Festival. 7
With an annual production capacity of 36,000t, they plan to produce around 1,000t in February, while they had no output in January. They hold around 500t of stocks now. 7
4.2 Zhenhua Chemical to raise chrome metal price 7
Hubei Zhenhua Chemical Co., Ltd. announced its decision to increase sales price of chrome metal by RMB3,000/t (USD411/t) from the original price due to a sharp rise in raw material costs. 7
4.3 Hubei Zhenhua started equipment maintenance of chrome oxide green 7
Hubei Zhenhua Chemical Co, a major producer of chrome oxide green in China, started equipment maintenance in the middle of this month, a source from the company disclosed to Asian Metal. 7
With an annual production capacity of 30,000t, they plan to produce around 1,000t this month, down by about 500t MoM. They hold no stock now. 7
5. Producers' Statistics 7
5.1 Chinese HC ferrochrome producers' operating rate records 53.93% in February 7
5.2 Chinese HC ferrochrome producers' output records 473,606t in February 7
5.4 Chinese LC ferrochrome producers' operating rate reaches 51.22% in February 7
5.5 Chinese LC ferrochrome producers' output reaches 49,000t in February 8
5.6 Chinese LC ferrochrome producers hold 2,500t of inventories in February 8
.Asian Metal Copyright12 Turkish chrome concentrate 46%min in port China 3 3Asian Metal Copyright