MONTHLY: China's FeCr market faces demand slowdown in January

China's ferrochrome (FeCr) market has shown signs of slowing demand this month, as domestic stainless steelmakers are losing interest in producing with the Chinese New Year (CNY) holiday approaching, according to a Wuxi-based chromium analyst.

Mysteel's survey of 43 Chinese stainless steel producers indicates a sharp decline in crude stainless steel production this month to approximately 2.87 million tonnes, lower by a huge 16.8% compared with December's 3.44 million tonnes. This drop in production is attributed to scheduled maintenance as mills prepare for the quiet