Chromium iron in April: cost support iron prices show a certain increase
High carbon ferrochrome continued to rise, especially in the first three weeks, the price has increased 150 yuan /50 tons.At the beginning of this month, the state council, the ministry of industry and information technology continuously launched new measures to stimulate the economic recovery of the market, to reduce the pessimistic mood of the market, chromium iron traders' purchasing enthusiasm picked up.Into the middle of the stainless steel plant through a series of sealing operation, spot, futures market is a comprehensive flowering, volume and price rise.Together with chromium ore in the "closure" news continued to stimulate, factory costs again pushed up, the industry bullish mood for the future.Into the end of the month, stainless steel futures profit capital high flight on the spot market caused a certain repression, some stainless steel factories and traders appear to make profit operation.In addition to a long holiday on May 1, the market closed atmosphere gradually thick, high carbon ferrochrome market inquiry heat down slightly, the price of a stable transition, the rise was suspended.