China imported 170,350 tonnes of high-carbon ferro-chrome in July, a decrease of 50.21% year on year and 9.95% lower than in June, according to Chinese customs data released on Wednesday August 23.
This is the second consecutive month where ferro-chrome imports have been lower than the monthly average volume this year. In 2017, China imported an average of 216,403 tonnes of ferro-chrome per month. In June, imports totalled 189,168 tonnes of ferro-chrome, according to Chinese customs data.
In 2016, the monthly average import volume was 232,058 tonnes.
The lower supply of imported ferro-chrome has generated a further bullish view on...