High Carbon Ferro Chrome Price in China Stable After Holiday

What is High Carbon Ferro Chrome?

High carbon ferrochrome is ferrochrome with a carbon content higher than 4%. High-carbon ferrochromium is mainly used in the production of stainless steel. The chromium content of 200 series stainless steel is about 16%, the chromium content of 300 series stainless steel is about 25%, and the chromium content of 400 series stainless steel is about 14%. 300 series stainless steel, which has the largest demand for ferrochrome, is also the largest proportion of stainless steel products in production.

high carbon ferro chrome

Used as an alloying agent for ball steel, tool steel and high-speed steel with higher carbon content to improve the hardenability of the steel and increase the wear resistance and hardness of the steel; used as an additive for cast iron to improve the wear resistance and hardness of the cast iron , while making cast iron have good heat resistance; used as chromium-containing raw materials for the production of silicon-chromium alloys and medium, low and micro-carbon ferrochrome by slag-free methods; used as chromium-containing raw materials for the production of metallic chromium by electrolysis; used for oxygen blowing Raw materials for smelting stainless steel.

High Carbon Ferro Chrome Specification

Cr: 55-65%

Si: 2.0% max

C: 8.0 max

High Carbon Ferro Chrome Price in China


Today’s common silicon high chromium (yuan/50 basis tons, cash before tax included): Southwest 8900-9050; Northwest 8900-9000; Northeast 9050-9150; East China 9150-9250; Central China 9050-9150; North China 8850-9050; Low silicon High chromium (1.0<Si<1.5): 9200-9350.

Current price of high carbon ferro chrome in China 2023 October


High Carbon Ferro Chrome Price


Mainstream external price of imported high chromium (USD/lb chromium, CIF): South Africa 0.98-0.99; India 0.98-0.99; Kazakhstan Railway 1.04-1.07; mainstream spot price (yuan/50 basis tons, self-pickup at the port) Zimbabwe 9050-9100; India 9150-9200; Kazakhstan Railway 10000.


High Carbon Ferro Chrome Price Trend


Today, the price of high carbon ferrochrome is weak and stable. The downstream procurement and stocking situation is not as good as expected. The bidding prices of some carbon steel plants and special steel plants have been reduced by more than 100-200 yuan month-on-month. Market demand lacks new growth points and the supply side is gradually showing a loose situation. The price of upstream chrome ore has been adjusted back, and the downstream steel market is temporarily unable to bring positive information, leading to differences in suppliers’ shipping mentality. Some factories with weak financial strength or poor market outlook may make further price concessions.


High Carbon Ferro Chrome Output in China


In October, the operating rate of high-carbon ferrochromium in Sichuan was 85.71% (according to statistics, 14 companies were started, 12 companies were started), which was the same as the previous month; the production capacity release was 62.50%, which was basically the same as the previous month; the expected output was 46,000 tons, which was basically the same as the previous month. The specific production situation in Sichuan is as follows:

The start-up situation of high-carbon ferrochrome plants in Sichuan in October is basically the same as that of last month. Since the electricity price discount during the flood season is about to end at the end of this month, the plants in production have maintained normal production status and grasped the production cycle to maintain stable output. However, due to slight price adjustments and the scarcity of chrome ore trade volume in Chongqing Port, factories are unable to increase production. Therefore, Sichuan high-chromium output remained unchanged in October.

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