Stable recovery of stainless steel market, increased production scheduling, boosting chromium price

Demand side: Stable recovery of stainless steel market, increased production scheduling, boosting chromium price. The price of ferrochrome has effectively stopped falling this time, which is mainly attributed to the recovery of the stainless steel market. After the end of the traditional consumption peak season, the industry’s winter storage news kept coming up one after another. As a whole, since September, the production schedule of stainless steel manufacturers has gradually warmed up, releasing the good new signal of improved demand. As one of the main raw materials for stainless steel production, the increase in stainless steel production has formed a strong support for the price of ferrochrome.