The increased number of Ferro Chrome imported from India, the United States high carbon ferrochrome market movements smooth, market price $1.29 - $1.35 / lb, clinch a deal price in more low-end.
India Ferro Chrome purity is relatively low, so the price lower than the current premium, mainstream offer $1.05 - $1.10 / lb.The Indian ferrochrome due to low chromium content is not suitable for all manufacturers, with only one or two shipment can be a substantial impact on the market.Ferro Chrome
A trader, a large steel mills to buy from India about 10-20% required high chromium spot, is said to be in order to avoid signing with existing suppliers."If you're like a signed supply long, to his buying stock and pricing will be chaos."Ferro Chrome
Ferro Chrome But there have also been reported that India's high chromium three to four months before they can enter the U.S. market, but is limited by the purity is not most market main body need, the price also has been declining.
The current U.S. Ferro Chrome prices stabilize, but at the end of imported products and sales climax, under the dual role of next year will be more competitive in price.
A trader to quote the price at $1.30 and $1.31 / lb, "India Ferro Chrome with a small amount of clinch a deal, I can only put a few product slightly to cut the price a little."Whereas a buyer said in the first quarter of 2011 price is lower than imagined.Compared with normal, quote and is willing to supply many many sellers, there are about ten or so.Some manufacturers offer above $1.40, understanding of the buyers is "they are in the transmission of a signal, expressed dissatisfaction with the current market situation."
In general, Ferro Chrome
prices is still higher than other areas.Europe in the first quarter of next year at benchmarking on Wednesday at $1.25 / lb, lower than the quarter for five cents.China ferrochrome prices at $1.00 / lb.Buyers to predict the future there will be more export Ferro Chrome break into the American market.
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