In a clear signal of sustained tightness in the ferrochrome market, leading Chinese stainless steel producers Tsingshan Group and Taiyuan Iron and Steel Co (TISCO) have set higher procurement prices for high-carbon ferrochrome (HC FeCr) for February delivery.

China's imports of high-carbon ferrochrome (HC FeCr) fell to 2.45 million tonnes in 2025, marking a sharp year-on-year decline of 33.2%, according to data released by the General Administration of Customs (GACC).

China's chrome ore imports stood at 23.75 million tonnes in 2025, marking a significant 13.7% increase year-on-year, according to new data released by the country's General Administration of Customs (GACC).

China's silicomanganese (SiMn) market is expected to remain oversupplied in 2026, mainly due to planned capacity additions and ongoing weak demand, according to Mysteel's latest forecast for the ferroalloy in its annual report.

China's production of high-carbon ferrochrome (HC FeCr), a key ingredient in stainless steel, continued expanding during December, with strong production among smelters in northern China offsetting seasonal declines in the south, according to Mysteel's latest survey covering 178 domestic smelters.