LC Ferrochrome Prices Remain Stable

Hainan West Asia Group stated that the price of LC ferrochrome at Tianjin port this week is as follows:

FeCr 60v10 2.06~2.10 USD/LB

Compared with last month's average price of LC ferrochrome, which was 2.05~2.08 USD/LB, it was basically the same.

Relevant salespersons from Hainan West Asia Group revealed that we have recently received many inquiries and updates about LC ferrochrome from Europe and the Middle East. Among them, the price was quoted to an Iranian customer this week, FeCr 60v10 2.13 USD/LB CIF Abbas, and customer feedback says the price is pretty good, waiting for further communication.

According to the analysis of Hainan West Asia Group, the price of high-carbon ferrochrome in the Chinese market has increased slightly, but the price of LC ferrochrome has remained unchanged. However, we expect that the probability of ferrochromium prices falling in the short term is low.

To learn more about relevant market information, please pay attention to Hainan West Asia Group official website and related social media. You are also welcome to leave messages for discussion under related content.