Silicon chromium alloy price rose sharply, the increase "broke thousand"

Since September, the price of silicon chromium alloy has risen rapidly, and the cumulative increase has exceeded 1000 yuan / ton, and today's 72 silicon chromium alloy market mainstream quotation is 9600-9700 yuan / ton (the current tax is included in the factory).

The silicon-chromium alloy rebounded strongly, and the main reason for the increase far exceeded that of other chromium alloys was the supply and demand problem. The cost of the silicon chromium factory has continued to hang upside down, and production has been reduced or stopped, and the market supply has been hovering at a low level. The recent high-carbon ferrochrome and low-carbon ferrochrome prices have risen together, as an intermediate product of silicon chromium alloy not only from the cost of re-support, downstream low-carbon ferrochrome prices and transactions turned better, but also from the demand to provide support for it, prompting the silicon chromium alloy price continues to climb, in the short term the increase "breaking thousand".

However, it is precisely because the silicon chromium alloy has risen sharply and the increase is greater than that of upstream and downstream products, some of the previously discontinued silicon chromium alloy production capacity has begun to resume production in recent days, and the market supply is expected to rebound, or have a certain impact on the subsequent rush of silicon chromium alloy prices.

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