Toria Tang’s Post

Entering the third quarter of 2024, the performance of terminal demand is flat, and the performance of the #ferrochrome market is unsatisfactory. Factories have stopped production or reduced production, and the spot cargoes increased. Downstream demand is not strong, leading to a decline in #chrome ore prices. However, the adjustment of future cargoes prices is mainly based on a fluctuation of $5/ton CIF China, and spot prices remain mainly adjusted at a small level of 0.5 CNY/dmtu. However, the domestic chrome market lacks favorable support, and the bidding prices of #stainless steel plants continue to fall. Industry insiders have become increasingly....https://lnkd.in/gApShz75

The prices of #chrome ore have not been adjusted yet today. At present, industry insiders in the chrome industry are focusing on the release of high carbon #ferrochrome bidding prices from large steel mills for January. Although everyone has basically reached a consensus on the price decline, due to the unpredictable magnitude, bidding price confirmation is also needed to provide certain guidance for the future market. At the same time as bearish bidding prices, industry insiders are also waiting for the new round of #South Africa chrome ore concentrate. https://lnkd.in/gVyHCEq2

The domestic prices of #chrome ore and #ferrochrome are stable and slightly strong, with strong sentiment from foreign sellers to support prices. The prices that can be transacted in the early stage are currently not strong in the willingness of suppliers to sell, and prices are constantly approaching high levels. Today, the future cargoes prices of #SouthAfrica chrome ore #concentrate and #ROM have increased by... The price difference of chrome ore between... https://lnkd.in/gN-HevGx

More and More large-scale submerged arc furnaces are available for use in North China. High-carbon #ferrochrome output in China has hit new highs, so the demand for #chrome ore is also increasing. The current large-scale submerged arc furnaces in China are mainly based on fully enclosed sintering, so they are more dependent on chrome concentrate. #Zimbabwe chrome concentrate is popular because of its cost-effectiveness....https://lnkd.in/gX9-fPJ5

There is no adjustment in the price of high carbon #ferrochrome today. The prices of #chrome ore remain high, but due to the unimproved prices of stainless steel and the continuous increase in social inventory, it is difficult to.https://https://lnkd.in/gBC4Wsex

In the third quarter, high carbon #ferrochrome experienced a unilateral downward trend, with the purchase price of large stainless steel plants dropping by 300 CNY/Ton 50% basis, and the retail market price falling even more by CNY/Ton 50% basis. The production schedule of steel mills has decreased, the demand for ferrochrome has decreased, and the rate of decline in #chrome ore prices lags behind that of ferrochrome prices. The direction of the industrial chain is relatively contradictory, and both upstream and downstream products are under pressure.https://https://lnkd.in/gjJekyjk

🌡️ Ferrochrome 101 🌡️ Ever wondered how we get stainless steel? The answer lies in processes like this, where chrome ore is heated to extreme temperatures and converted into ferrochrome—a crucial ingredient in stainless steel production. #Ferrochrome #ChromeProcessing #MaterialsEngineering #IndustryInsights #Metallurgy

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【What are tungsten crucibles? How are they used?】 Tungsten crucibles are containers made from tungsten, a very strong and heat-resistant metal. Here are some key properties of tungsten crucibles: 1) High melting point: Tungsten has one of the highest melting points of all elements, making it ideal for containing molten materials at extremely high temperatures. 2) Corrosion resistance: Tungsten resists corrosion from many molten metals and other substances. 3) Strength: Tungsten is a very hard and strong metal, which allows crucibles to be made in thin walls while still being durable. Because of these properties, tungsten crucibles are widely used in various high-temperature applications, including: 1) Sapphire crystal growth: Used to create single crystals of sapphire, a material used in electronics and other applications. 2) Quartz glass melting: Used to melt quartz, a type of glass with high heat resistance, for use in laboratory equipment and other applications. 3) Rare earth metal smelting: Used to melt rare earth metals, which are used in strong magnets, lasers, and other technologies. 4) Electronic spraying: Used in processes that involve depositing thin films of material onto a surface. It's important to note that tungsten crucibles can be expensive and may react with some substances at high temperatures. In some cases, other crucible materials like molybdenum may be more suitable. Our partner KAMC manufactures all kinds of tungsten and molybdenum crucibles. Purity: 99.95% min Diameter： 100-550 mm Height： 50-700 mm Density： 18.20-19.20g/cc Max Temp：2400℃ For more information: https://lnkd.in/gtnyHy7