SMM

As of March 8, the ex-factory price of high-carbon ferrochrome natural blocks in Inner Mongolia was 8600-8700 yuan/50 base tons, and the average price of high-carbon ferrochrome remained stable in the month...... As of March 8, the ex-factory price of high-carbon ferrochrome natural blocks in Inner Mongolia was 8600-8700 yuan/50 base tons, and the average price of high-carbon ferrochrome remained stable in the month. In February, the price of mainstream stainless steel mills continued to be flat, and the price of Tsingshan Steel was 8495 yuan/50 base tons. In February, due to the Spring Festival holiday, the output of stainless steel fell further to 2.6077 million tons, and the demand for ferrochrome also shrank. The output of ferrochrome has decreased to 591,800 tons under the continuous inversion of some ferrochrome manufacturers, and the supply level is still high. Although the retail price of ferrochrome remained stable under the support of cost, the transaction remained cold.