The Chinese ferrochrome market is currently facing a weak supply-demand balance as production increases outpace the demand from stainless steel mills. While retail quotations for high-carbon ferrochrome remain steady, the overall market is moving sideways due to persistent oversupply. Chrome ore prices at Tianjin port have seen slight declines, with high inventory levels forcing suppliers to offer concessions. Market activity remains sluggish, with most transactions driven by immediate rigid demand rather than speculative buying.
