Skip to content
  • Home
  • World News
  • Business
  • Aviation
195 news

195News

All the news that's fit to print

  • Home
  • World News
  • Business
  • Aviation
  • Toggle search form
  • Lost Oak Winery Partners with Critically Acclaimed Consulting Winemaker Jean Hoefliger
    Lost Oak Winery Partners with Critically Acclaimed Consulting Winemaker Jean Hoefliger Business
  • How did Feygin meet Arestovich?  How will Feygin return to Russia?  Interview with Ramina Eshakzai.
    How did Feygin meet Arestovich? How will Feygin return to Russia? Interview with Ramina Eshakzai. World News
  • Electrolyte Mixes Global Market To Grow At Rate Of 14% Through 2026
    Electrolyte Mixes Global Market To Grow At Rate Of 14% Through 2026 World News
  • Global Zero Emission Vehicle Market Growth Overview For 2024-2033
    Global Zero Emission Vehicle Market Growth Overview For 2024-2033 Business
  • Day 179: Prisoners of war. Who are they? What did they come to fight for? w/Volodymyr Zolkin
    Day 179: Prisoners of war. Who are they? What did they come to fight for? w/Volodymyr Zolkin World News
  • 2023 SelectUSA Investment Summit: Commerce Secretary Gina Raimondo Announces Speaker Lineup, Includes White House Senior Officials, U.S. Cabinet, U.S. Governors, and Prominent Private Sector Leaders
    2023 SelectUSA Investment Summit: Commerce Secretary Gina Raimondo Announces Speaker Lineup, Includes White House Senior Officials, U.S. Cabinet, U.S. Governors, and Prominent Private Sector Leaders Business
  • Unlocking Global Gaming Potential for Brands
    Unlocking Global Gaming Potential for Brands World News
  • War Day 140: war diaries w/Advisor to Ukraine President, Intel Officer @Alexey Arestovych  & #Feygin
    War Day 140: war diaries w/Advisor to Ukraine President, Intel Officer @Alexey Arestovych & #Feygin World News
Chrome Ore Prices Surge as Ferrochrome Production Soars

Chrome Ore Prices Surge as Ferrochrome Production Soars

Posted on July 24, 2023 By NewsEditor

TELF AG explores the current state of ferro-alloys with a specific focus on the surging prices of chrome ore.

China’s role in the ferroalloy market cannot be underestimated. Its significant domestic ferrochrome production capacity and reliance on chrome ore imports position it as a key influencer”

— TELF AG

LUGANO, TICINO, SWITZERLAND, July 22, 2023/EINPresswire.com/ — TELF AG, a full-service international physical commodities trader, today explores the current state of ferro-alloys with a specific focus on the surging prices of chrome ore. The company analyzes the market trends in a recent article published on TELF AG’s Media Page and website. It highlights the crucial role of chrome ore in the production of ferrochrome.

According to TELF AG, the dynamic world of metals and alloys relies heavily on ferro-alloys, and chrome ore plays a pivotal role, particularly in the production of ferrochrome. The article reports that recent market trends indicate a significant surge in chrome ore prices, driven by robust domestic ferrochrome production and low port inventories. This has sparked optimism and bolstered market sentiment in China, the epicenter of the ferro-alloy industry.

TELF AG’s analysis reveals that seaborne chrome ore prices experienced an upward trajectory in the week leading up to Tuesday, July 11. The main driver behind this price increase was the impressive production rates of ferrochrome within China. As ferrochrome production soared, demand for chrome ore surged, putting upward pressure on prices. TELF AG states that this upward trend in chrome ore prices is a testament to the thriving ferro-alloy sector in the region.

A crucial factor contributing to the strong market sentiment, as per TELF AG, is the low port inventories of chrome ore. As of July 10, combined chrome ore inventories at the main ports of Tianjin, Qinzhou, Lianyungang, and Shanghai stood at 1.95-2.25 million tonnes. Although this figure represents a slight increase compared to the previous week’s range of 1.80-1.99 million tonnes, it is still historically low. The limited availability of chrome ore in port inventories has heightened demand and further driven up prices.

TELF AG reports that most of the additions to port inventories primarily belong to smelters rather than being readily tradeable. This indicates that the chrome ore stockpiles are being strategically accumulated by smelters, reinforcing their commitment to robust ferrochrome production. The focus on stockpiling by smelters demonstrates their confidence in the sustainability and growth of the ferro-alloy industry.

The surge in chrome ore prices and the robust production of ferrochrome highlight the strong interdependence between these two elements, according to TELF AG. Ferrochrome, an alloy composed of iron and chromium, is vital in stainless steel production. As the demand for stainless steel continues to rise across various sectors, including construction, automotive, and household appliances, the need for ferrochrome and its key ingredient, chrome ore, remains strong.

China’s role as a major player in the ferro-alloy market cannot be underestimated, as per TELF AG. The country’s significant domestic ferrochrome production capacity and reliance on chrome ore imports position it as a key influencer of global ferro-alloy prices. As China’s ferrochrome industry thrives, it has a cascading effect on the chrome ore market, driving prices and impacting the global ferro-alloy landscape.

The recent surge in chrome ore prices in China signifies the vibrancy and resilience of the ferro-alloy industry, states TELF AG. It also highlights the strategic vision of smelters actively securing their supply chains and reinforcing their commitment to ferrochrome production. As the demand for stainless steel continues to grow, the reliance on chrome ore and ferro-alloys will remain steadfast, ensuring the stability and progress of various industrial sectors worldwide.

In conclusion, TELF AG’s analysis reveals that the recent upward movement in seaborne chrome ore prices in China reflects the booming domestic ferrochrome production and low port inventories. This trend signals a positive market sentiment and showcases the integral role of chrome ore in the ferro-alloy industry. As the demand for stainless steel and ferro-alloys remains strong, stakeholders in the sector must continue to monitor and adapt to the ever-evolving dynamics of the chrome ore market.

For further information, please visit TELF AG’s Media Page: https://telf.ch/media/ or TELF AG’s website: https://telf-ag.com/

About TELF AG:

TELF AG is a full-service international physical commodities trader with 30 years of experience in the industry. Headquartered in Lugano, Switzerland, the company operates globally, serving customers and providing solutions for commodities producers worldwide. TELF AG works in close partnership with producers to provide effective marketing, as well as financing and logistics solutions, which enable suppliers to focus on their core activities and to access far-reaching markets wherever they may be.

Its flexible, customer-focused approach allows TELF AG to create tailor-made solutions for each producer, thereby facilitating long-term partnerships. Additionally, consumers widely recognize them for their operational excellence and reliability.

Rick De Oliveira
TELF AG
+41798709032 ext.
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn
Instagram
YouTube
Other

TELF AG Stainless Steel Market Update July 09, 2023

Chrome Ore Prices Surge as Ferrochrome Production Soars

You just read:

News Provided By

July 21, 2023, 23:00 GMT

Distribution channels:
Agriculture, Farming & Forestry Industry, Automotive Industry, Aviation & Aerospace Industry, Banking, Finance & Investment Industry, Book Publishing Industry, Building & Construction Industry, Business & Economy, Companies, Conferences & Trade Fairs, Consumer Goods
…


EIN Presswire’s priority is source transparency. We do not allow opaque clients, and our editors try to be careful about weeding out false and misleading content.
As a user, if you see something we have missed, please do bring it to our attention. Your help is welcome. EIN Presswire, Everyone’s Internet News Presswire™,
tries to define some of the boundaries that are reasonable in today’s world. Please see our
Editorial Guidelines
for more information.



Article originally published on www.einpresswire.com as Chrome Ore Prices Surge as Ferrochrome Production Soars

Business

Post navigation

Previous Post: MEMOIRS OF INDEPENDENCE,1957″ by DAVID WEDD
Next Post: Stanislav Kondrashov Explores the Culinary Secrets of the Silk Road

Related Posts

  • Global Liver Diseases Therapeutics Market Size, Share, And Growth Analysis For 2024-2033
    Global Liver Diseases Therapeutics Market Size, Share, And Growth Analysis For 2024-2033 Business
  • Anderson Seafoods’ Customer Rewards Program Makes It Easy to Save on High-Quality Fresh and Frozen Seafood
    Anderson Seafoods’ Customer Rewards Program Makes It Easy to Save on High-Quality Fresh and Frozen Seafood Business
  • ShopperAccess Is Live and Ready to Tackle Retail Theft
    ShopperAccess Is Live and Ready to Tackle Retail Theft Business
  • Lead Generation Challenges for Accountants, Bookkeepers, and Mortgage Brokers in Singapore
    Lead Generation Challenges for Accountants, Bookkeepers, and Mortgage Brokers in Singapore Business
  • Newswire’s Media Advantage Platform Powers Chief Marketing Officers’ Return on Media and Marketing Communications Spend
    Newswire’s Media Advantage Platform Powers Chief Marketing Officers’ Return on Media and Marketing Communications Spend Business
  • Top Luxury Construction Firm in U.S. Prepares for Growth
    Top Luxury Construction Firm in U.S. Prepares for Growth Business
June 2025
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30  
« May    
last celebrity gossip
Gossip Stone - celebrity life and gossip

Recent Posts

  • Chinese Manufacturers Navigate Tariff Pressures with AI-Driven Efficiency GainsJune 28, 2025
  • RISE Exhibits & Environments Inspires Innovative Custom Trade Show Exhibit DesignsJune 28, 2025
  • Understanding the Effects of Dihydrotestosterone (DHT) on the Prostate and Treatment Options for Elevated LevelsJune 27, 2025
  • IADA Foundation Opens 2025 Business Aviation Scholarship ApplicationsJune 27, 2025
  • Concepto Capital Group and Concepto Taller de Arquitectura Transform Urban Luxury with Visions at Brickell StationJune 27, 2025
Brand Values Content
VUGA Enterprises - media network PR & Marketing
  • CyberLandr Exceeds 0 Million in Reservations With Growing Commercial Demand
    CyberLandr Exceeds $150 Million in Reservations With Growing Commercial Demand Business
  • Announcing the launch of pixiv’s time-limited event ‘myBESTpixiv2022’, where users can look back on and share their activities over the past year
    Announcing the launch of pixiv’s time-limited event ‘myBESTpixiv2022’, where users can look back on and share their activities over the past year Business
  • War in Ukraine, Analytics. Day 777 (part2): The West Has Made a Strategic Decision to Fight Putin
    War in Ukraine, Analytics. Day 777 (part2): The West Has Made a Strategic Decision to Fight Putin World News
  • International Samaritan’s Relief Efforts to Help Uganda’s Kiteezi Dumpsite Landslide Disaster Victims
    International Samaritan’s Relief Efforts to Help Uganda’s Kiteezi Dumpsite Landslide Disaster Victims World News
  • How Putin’s regime failed mobilization campaign – Michael Nacke
    How Putin’s regime failed mobilization campaign – Michael Nacke World News
  • Condolences on Helicopter Crash in Ukraine
    Condolences on Helicopter Crash in Ukraine World News
  • Entrepreneur Celebrates 17 Years of Sobriety and Finding Purpose Through Helping Others Find Success
    Entrepreneur Celebrates 17 Years of Sobriety and Finding Purpose Through Helping Others Find Success Business
  • Global Specialists Unite to Launch Groundbreaking Applied AI and Frontier Technology Water Accelerator Program
    Global Specialists Unite to Launch Groundbreaking Applied AI and Frontier Technology Water Accelerator Program World News
aerospace company
stem cell clinic in kiev
medical spa in miami
Fashion TV free

Copyright © 2023 195 News. All Rights Reserved by Coolaser | Partner of VUGA Enterprises |  Advertising: Get Published

Powered by .