High-carbon ferrochrome, high-grade chrome concentrate prices under pressure to retreat, low micro-carbon ferrochrome cost support weakened. And its main consumption power depends on the special steel end, the current steel mills have not entered the centralized procurement phase, coupled with the lack of good information in the chrome market, intermediaries and end-users worried about the subsequent iron prices still have downward pressure, choose to wait and see the steel move guidelines, resulting in a more lukewarm atmosphere in the market transactions.
Cost pressure under the low micro-carbon ferrochrome factory start-up enterprises are few, social supply is not to high, but the terminal demand is slow to boost enough, so the supply and demand relationship is still to continue to balance. However, as iron prices have been falling ahead of the cost decline, factories face production upside down situation, if the cost can not continue to provide space, iron prices down also have some difficulty.