| Raw Material - Ferro-alloys |
| Latest Updates |
Review of China’s Ferroalloy Exports in 2009
China exported 925,000 tons of ferroalloy in 2009, a year on year drop of 69.5%. Total value amounted to US$1.23 billion and export price averaged US$1,334/ton, falling 79.2% and 31.9% respectively.
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FeCr Market Trend Unclear
Prices for Cr-series alloys still weaken amid overall stability. FeCr55C800 is quoted at 8,000-8,300 yuan/base ton in Shanghai, 7,900-8,200 yuan/base ton in Sichuan, 8,000-8,500 yuan/base ton in Shanxi and 8,300-8,500 yuan/base ton in Jilin.
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Outlook of China's Ferroalloy Market in 2010--CFIA
Capacity of China's bulk ferroalloy products accounted for 75%-85% of the country's total ferroalloy capacity in 2009. Ferroalloy industry has reported significant progress in technical innovation (including energy saving, emission reduction and environment protection), product quality, product mix, furnace equipment, material purchasing influence, product supply and so on, with many indicators reaching world-class level.
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