October 12, 2008
Chinese ferrochrome imports during January to March 2008
China imported 142,700 tonnes of ferrochrome in March 2008 up by 9.7% YoY and 1.1% MoM. Import during January to March 2008 quarter has increased by 46.5% YoY to 282,200 tonnes.
However, ferrochrome price still maintained strong uptrend in March 2008. South Africa, Kazakhstan and India contributed 79,000 tonnes, 56,000 tonnes and 44,000 tonnes of ferrochrome respectively in March 2008. The imported resources to some extent relieved domestic short supply.
Ferrochrome imports from different countries in March 2008
| Country | Mar'08 | Share | J-M'08 | Share |
| Total | 0.139 | 0.404 | ||
| South Africa | 0.079 | 56.8% | 0.250 | 61.8% |
| Kazakhstan | 0.056 | 40.2% | 0.137 | 33.9% |
| India | 0.044 | 31.6% | 0.165 | 40.8% |
| Philippines | 0.008 | 5.7% | 0.200 | 49.5% |
| Russia | 0 | 0.0% | 0.075 | 18.5% |
| Taiwan | 0 | 0.0% | 0.044 | 10.8% |
| Sweden | 0 | 0.0% | 0.066 | 16.3% |
(Sourced from MySteel.net)
