June 12, 2026 — High-carbon ferrochrome market stuck in neutral. Prices in Inner Mongolia steady at 8,250–8,300 yuan per metric ton for 50% metal content. Trading activity? Slow. Reflects broader downturn in ferrochrome.
Weak demand from stainless steel producers drags market. Off-season means procurement slows, squeezing prices further. Some producers cut output for maintenance,but surplus persists. No relief yet.
Retail prices dropped 50 yuan per metric ton week-over-week. Sentiment? Bearish. Caution rules. Many expect more price declines ahead. Chrome ore market echoes this,with prices dropping and ferrochrome smelting costs sliding.
At Tianjin port, prices for grades like 40-42% South African fines,Turkish lumpy ore unchanged from prior trading day. Latest CIF futures quote for South African fines at $285 per metric ton,$5 down from last week.
Spot market—prices weak . Some suppliers diverge on pricing to stimulate transactions. Discounts offered . South African fines down by 0.75 yuan per metric ton week-over-week.
Traders cautious . High-cost futures cargoes make them hesitant to sell. Downstream producers wait,see. Limited inquiries, buying interest. Deals mostly small-volume,essential demand-driven.
Market in a stalemate. Both buyers,sellers expect downturn. Analysts say chrome ore market will likely stay weak, volatile in weeks ahead…
