FOCUS: Drop in FeCr output in Sichuan will give little support to prices

Environmental checks in the Sichuan province of China will reduce ferro-chrome production in July, but this will have little effect on prices.

This is because Sichuan produces only a small proportion of total Chinese output, and because output in other areas is increasing. Metal Bulletin assessed spot domestic Chinese ferro-chrome prices at 7,000-7,500 yuan per tonne, up 100 yuan per tonne at the high end of its trading range.  The environmental inspection team visited the Sichuan province at the beginning of June and is expected to leave at the end of July, ferro-chrome producers in Sichuan province said. China’s high-carbon ferro-chrome spot price slipped on Friday June 9 to 5,500-6,000 yuan per tonne delivered duty paid on a cash...

Published

Ellie Wang

July 13, 2017

14:10 GMT

Shanghai