News that several major producers had withdrawn from spot trading due to supply shortages has further strengthened China’s spot ferro-chrome market, sending spot prices in the week to Tuesday June 29 to their highest point since April.

Over the 2010s, there have been two high to low price cycles, with the start of 2020s already kicking off with the next one.

Whether the ferro-chrome market rises further remains to be seen.

Merafe Resources Limited settle ferrochrome price for Q3 of 2021 at 156 US cents per bound.

China High Carbon Ferrochrome imports in Jan-Apr 2021.

China High Carbon Ferrochrome imports in April 2021.

South Africa's ferrochrome exports increased by 45.1% in the first quarter

Tariffs on exports of products such as ferrosilicon, ferrochromium, and high-purity pig iron will be raised temporarily to a rate of 25 percent, 20 percent, and 15 percent, respectively.