High carbon ferrochrome market in China（2022.12.12）

Today's general silicon high chromium price (Yuan /50 base tons, cash including tax factory) : Southwest 8400-8450 up 100; Northwest 8250-8300 up 100; Northeast 8550-8600 up 100; East China 8500-8600 up 100; Central China 8300-8400 up 100; North China 8200-8400 + 100; Low silicon high chromium (1.0 < Si < 1.5) : 8400-8700 up 100.

The mainstream price of imported high chromium outer plate (USD/lb chromium,CIF) : 0.91-0.92 in South Africa; India 0.92 -- 0.93; Harbin iron 0.95-0.98; Spot mainstream price (Yuan /50 base tons, port since) Tianjin 8500-8550 up 100; India 8500-8600 up 100; Harbin 9600-9700 up 100.

Today, the price of high carbon ferrochrome is raised 100 yuan /50 base tons. With the production reduction of high chromium plants in the south, the factories in the north also began to execute a new round of long association orders, the market circulation supply is tight. In addition, chromium ore suppliers continue to promote the ore price, the cost increase is higher than the iron price increase, chromite factory quotes follow the adjustment. Stimulated by the atmosphere of price rise, the enquiry and transaction of ferrochrome downstream have improved to some extent, and the price of imported high carbon ferrochrome at the port has stopped falling and increased immediately.