Chrome Market Report January 2013
2013-02-06 17:52:11 【Print】
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Most consumers raised their purchasing prices of high carbon ferrochrome for January, but they could not get enough materials, as in the spot market, the supply is very tight
. Chinese ferrochrome and chrome ore prices go up constantly, so many participants are confident towards the future market . Meanwhile, with the approaching of the Spring Festival holidays, the purchasing prices of high carbon ferrochrome would go up certainly and many suppliers are reluctant to sell their stocks on hand, waiting for higher prices . Most ferrochrome producers are active in purchasing chrome ore in early January with more deals concluded, but in the late January the market becomes quiet with firm offers .