Latest news on China High-carbon FeCr markets

India: Fecr prices plunge to over 3-m low amid bid-offer gaps, drop in auction bids

Bids at FACOR's auction decline for 3rd straight time. Chinese prices fall on production cuts at steelmakers.

India: Ferro chrome production rises 21% in H1FY'25

- Increased stainless steel production lends support. Higher NPI usage pushes up ferro chrome output. Declining exports may impact production in near term.

China's mart for stainless raw mats mired in deep trough

The market for stainless steel raw materials in China entered a severe slump over the past week, with the steel producers demanding even lower prices for key materials such as ferrochrome (FeCr), nickel pig iron (NPI), and stainless scrap. The demands reflect the mills' concerns about mounting losse

China's FeCr market under siege as stainless steel losses deepen

China's ferrochrome (FeCr) market is on a downward slide as stainless steel mills transfer the pain of their continuing losses to their raw materials suppliers. Market insiders expect that given the persistent decline in stainless steel prices, the mills will tighten their budgets even further in th

Tsingshan slashes FeCr bid again, dampening market sentiment

Tsingshan Group, China's leading global stainless steel producer based in Zhejiang province, East China, announced on October 22 that was dropping its bid price for high-carbon ferrochrome to Yuan 8,095/tonne ($1,135.3/t) including tax for FeCr deliveries by December 10. This marks a further reducti

MONTHLY: China FeCr prices near 2-year low, may stabilize in October

China's ferrochrome (FeCr) market has endured a challenging autumn, with prices consistently declining during the past month, Mysteel's assessments show. Nevertheless, despite this downturn, domestic FeCr prices may stabilize this month as market sentiment and fundamentals are expected to improve, s

MYSTEEL: Loose supply worries loom for China's FeCr market

China's high-carbon ferrochrome (FeCr) market has come under significant pressure during the past month from declining production costs and low profitability among stainless steelmakers, and there's no end in sight. Going forward, weak demand from end-users in the stainless sector could exert furthe

India: Ferro chrome prices hit 8-month low amid subdued demand

FACOR's auction concludes at INR 103,300/t ($1,230/t) exw. Baosteel's tender prices fall m-o-m.

India: FeCr prices continue to trend downward following key auction

Bid prices edge down in FACOR's ferro chrome auction. Marginal uptick seen in stainless steel prices.

MYSTEEL: Excess supply to weigh on China's FeCr prices in July

China's market for high-carbon ferrochrome (FeCr) experienced a further increase in supply in June to reach new highs, according to Mysteel's latest data. Market insiders are concerned that abundant supplies of the ferroalloy may exert pressure on spot prices due to potential weakening demand from s