Turkish low-carbon ferro-chrome producer Eti Elektrometalurji has reduced its output in response to low demand caused by the Covid-19 pandemic.
News ID: 9346 Publish Date : 2020/05/06
Indian Silico Manganese prices remain flat due to oversupply in the market. Durgapur market is the most adversely affected region as most of the Ferro Chrome producers in the region have shifted to Silico Manganese and the existing producers also operated at full capacity, which brought down the prices as the selling pressure intensified in the Durgapur area. This has also affected the Raipur market.
News ID: 8611 Publish Date : 2020/02/25
Indian Ferro Chrome prices are close to the bottom levels, and Ferro Chrome producers are filled with hope, that the prices may increase by next month. Producers are positive that with global Chrome Ore prices not falling further and Stainless Steel prices rising in China Ferro Chrome prices may also increase.
News ID: 8210 Publish Date : 2020/01/02
Tsingshan group in China announced its January tender price for HC Ferro Chrome which is down by RMB 200 (USD 29) from December levels. The prices for Ferro Chrome were earlier dropped by RMB 400 (USD 57)/50 basis tons in December. The demand of Ferro Chrome remains absent all over the globe and with the Christmas holidays, the US and Europe market remains silent.
News ID: 8103 Publish Date : 2019/12/25
Outokumpu expects stainless steel deliveries to slow in the fourth quarter amid import pressure in Europe and seasonal slowdowns in the US.
News ID: 7228 Publish Date : 2019/11/04
Indian Ferro Chrome industry depends equally on the export market, and with the export demand dipping, the producers are shifting to the domestic market. Few small producers are willing to reduce their prices to much lower levels to cope up with the cash crunch situations. Due to the scarcity of market transactions and the pressure on some factories, the ex-factory price of HC Ferro Chrome in the domestic market moved down by around INR1500/MT.
News ID: 7058 Publish Date : 2019/10/23
TS Alloys, the fully owned subsidiary of Tata Steel Ltd, has bagged the Misrilall Chromite mines at Odisha's keenly contested online auctions.
News ID: 7057 Publish Date : 2019/10/23
TS Alloys, the fully owned subsidiary of Tata Steel Ltd, has bagged the Misrilall Chromite mines at Odisha's keenly contested online auctions.
News ID: 7056 Publish Date : 2019/10/23
Indian Ferro Chrome Prices have been under pressure for a long duration, however, despite low demand and thin trading activity, the prices skyrocketed in the domestic market in line with increased Chrome Ore Prices in the recent auctions. Meanwhile, most of the producers are out of material to supply and thus, the supply situation for both the raw material and Ferro Chrome are tight.
News ID: 6695 Publish Date : 2019/10/03
Indian Ferro Chrome Producers have limited stock with them due to temporary discontinuation of Chrome ore dispatches in the Jajpur area. Producers are struggling to fulfill their pre-booked orders. Prices are increasing in line with the confluence of factors such as:
News ID: 6449 Publish Date : 2019/09/11
Indian Ferro Chrome prices have gone up marginally from last week as most producers reduced their production levels in line with poor demand. Limited Quantity is available in the domestic market as producers have reduced their allocation in the domestic market to curb the free fall of prices. However, this has been countered by demand in the domestic market which has remained sluggish.
News ID: 6034 Publish Date : 2019/08/18
Indian Ferro Chrome Prices have gone up in the recent past few weeks owing to better realizations in the export market along with higher Nickel prices and improvement in demand from Stainless Steel.
News ID: 5928 Publish Date : 2019/08/15
Indian Ferro Chrome prices increased owing to higher Nickel prices and the improved Stainless-Steel prices in recent weeks. Ferro Chrome producers are relieved by the uptrend in the prices of Nickel and Chrome Ore and commented that now they are optimistic that the prices may have bottomed out for now and that the aggressive fall in prices has stopped. Overall prices of Ferro Chrome has increased in line with Chinese prices.
News ID: 5551 Publish Date : 2019/07/29
Ferro Chrome producers remain pessimistic as the prices fall to a new low each week. Demand for Ferro Chrome is dull in the domestic as well as global market due to bearish Stainless Steel demand.
News ID: 5301 Publish Date : 2019/07/19
Indian Ferro Chrome Prices are at almost the same levels as last week. Ferro Chrome prices have hit the bottom amid low demand, both in the domestic as well as the global market.
News ID: 4975 Publish Date : 2019/07/01
Ferro Chrome prices have hit the bottom amid low demand in the domestic and global market as well. Prices for Ferro Chrome are falling aggressively amid bearish market sentiments.
News ID: 4875 Publish Date : 2019/06/23
Since the second quarter, the domestic prices of chrome ore and Ferro Chrome have been in a free-fall, reflected by the downward price adjustment and tepid transactions. The insiders from the whole chain of chrome industry incline to be conservative towards the short-term market of chrome, and their market participation is passive.
News ID: 4865 Publish Date : 2019/06/23
Indian Ferro Chrome Producers maintained the prices despite low demand. In the global market sentiments for Ferro Chrome remained weak. “It is mostly a buyers market and the prices were completely dependent on the negotiation levels of buyer and the producers”, a producer said, however, even the Chinese market is experiencing similar situations.
News ID: 4814 Publish Date : 2019/06/14
Ferro Chrome prices have hit the bottom amid low demand in the domestic and global market as well. Prices for Ferro Chrome are falling aggressively amid bearish market sentiments. Market participants believe that the prices are highly affected due to lowered Chinese Tender Prices.
News ID: 4768 Publish Date : 2019/06/07
Indian Ferro Chrome stoops to new low in this week. Prices have been gradually falling down since last month due to low demand. Producers reported that the market is more inclined towards the buyers side.
News ID: 4639 Publish Date : 2019/05/25