Chrome Market Report March 2011
2011-05-03 15:22:31 【Print】
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In March, Chinese ferrochrome and chrome ore markets all go down greatly. The price of high carbon ferrochrome 50% decreases to about RMB9,000-9,200/t ex works in late March from 9,400-9,500/t ex works in early March
. Many buyers are watching the market with thin deals . Due to the decreasing purchasing price from steel mills for April, many participants are not optimistic towards the future market .