Domestic high carbon ferrochrome market showed by the sad turn
Since this week, the domestic market of high carbon ferrochrome from sadness to quite, given the last weekend when some cheap deal appeared frequently, the early market as a whole when psychological mood still pessimistic, but with the recent rise in the cost of raw materials, auxiliary materials and logistics, the manufacturer's price psychological mood, market price and low phenomenon, and gradually developed into the low-cost source reduction, a psychological mood gradually dominate.
Recent raw material chrome ore market show a certain price and higher psychological mood, at the same time auxiliary materials coke prices have increased 50-100 yuan/ton, that do not fall high carbon ferrochrome production costs rise, but at the same time the downstream receiving desire for high prices is not high, the situation of supply and demand in the American and the game, coupled with the steel mills in raw material inventory is enough, the overall price support seems to be a little bit weak, or more operators for steel mills in January 2020 the bidding price is not good, but the actual afternoon trend or steel mill to be years ago a new round of bidding price guide.
