Will Ferrochrome Prices Continue To Rise?

Ferrochrome Price Per Ton Today High carbon ferrochrome prices began to drop sharply in July, and the average price in Inner Mongolia dropped by RMB 1,900/t by the end of August. Prices began to recover in early September in China Market, and by September 15, the price of high carbon ferrochrome in Inner Mongolia was ￥7800 – 7850 yuan/ton, and in Guizhou, it was ￥7950 – 8000 yuan/ton. Low-carbon ferrochrome (55% chromium) price continued to fall from May to August, and the price of low-carbon ferrochrome in Inner Mongolia dropped by RMB 5,000/ton from RMB 17,500/ton to 12,500/ton. Prices began to rebound in early September, and by September 15, the price of low-carbon ferrochrome in Inner Mongolia was 13,100-13,200 yuan/ton, and that in Jiangsu was 13,500-13,600 yuan/ton. Micro-carbon ferrochrome price continued to fall from May to early September. The price of micro-carbon ferrochrome in Inner Mongolia dropped from 18,300 yuan/ton to 12,900 yuan/ton. On September 15, the price of micro