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The price of high carbon ferrochrome continues to show a stable stalemate, at 8550-8750 yuan/ton. In March, the bidding prices of large stainless steel plants in the North and South China continued to remain stable, which continued to suppress the market to some extent. The bidding acceptance prices of other special steel plants have also declined, with a month on month price drop of 120 yuan/ton compared to the previous round.
The price of chromium ore remained stable and the overall market has not shown any significant fluctuations. The industry chain continues to be deadlocked and engaged in games, and the actual transaction performance is relatively flat.