Aggressive Purchases Of Chrome Ores By China Have Caused To Rise Its Prices-- Eti Krom / Turkey Has Contracted With China On 140,000 Tons Of Chrome Ore

摘要

The domestic market of ferro-chrome in China has changed considerably in the course of December of 2009. The domestic price ( on Cr 50% base ) of high carbon ferro-chrome in China has risen to CNY7,700 - 7,800 per ton as of the end of December, which is CNY200 - 300 per ton higher than that prevailed at the beginning of December. Stainless steel mills in China have had a strong intention to purchase high carbon ferro-chrome and Chinese producers are now offering this ferro-alloy at CNY7,800 - 8,000 per ton for substantial quantities ( such as lots of 5,000 - 10,000 tons ), corresponding to 87 - 92 US-Cents per lb. of Cr.