Chrome Market Report February 2012

With the end of Chinese Spring Festival, many participants come back to the market in February.Asian Metal Copyright With the slow consumption from Chinese steel makers and weak demand for high carbon ferrochrome, in the second part of February, Chinese chrome market becomes weakening.Asian Metal Copyright According to traditional market trend, chrome market would get better and go up after the holidays.Asian Metal Copyright In the first part of February, ferrochrome prices go up slightly and it is obvious for the chrome ore offers from foreign suppliers.Asian Metal Copyright In the first part of February, ferrochrome prices go up slightly and it is obvious for the chrome ore offers from foreign suppliers.Asian Metal Copyright The delay for the release of high carbon ferrochrome purchasing prices from major consumers makes participants cautious about the future market.Asian Metal Copyright Meanwhile, due to the price increase in international ferrochrome market, Chinese high carbon ferrochrome import prices are much higher than domestic, so many Chinese buyers are not interested in importing high carbon ferrochrome.Asian Metal Copyright In the first part of February, ferrochrome prices go up slightly and it is obvious for the chrome ore offers from foreign suppliers.Asian Metal Copyright With the slow consumption from Chinese steel makers and weak demand for high carbon ferrochrome, in the second part of February, Chinese chrome market becomes weakening.Asian Metal Copyright Over-high chrome ore import offers go down slightly and most Chinese buyers hold wait-and-see attitudes towards the market.Asian Metal Copyright The delay for the release of high carbon ferrochrome purchasing prices from major consumers makes participants cautious about the future market.Asian Metal Copyright With the slow consumption from Chinese steel makers and weak demand for high carbon ferrochrome, in the second part of February, Chinese chrome market becomes weakening.Asian Metal Copyright Over-high chrome ore import offers go down slightly and most Chinese buyers hold wait-and-see attitudes towards the market.Asian Metal Copyright The delay for the release of high carbon ferrochrome purchasing prices from major consumers makes participants cautious about the future market.Asian Metal Copyright