China's imports of ferrochrome have fallen by 32.8% on a year-on-year basis in January 2009 to 87,936 tonnes, including 85,845 tonnes of high carbon ferrochrome. However, the figure was up by 84.1% over December.
India, Kazakhstan and South Africa contributed 28,868 tonnes, 42,171 tonnes and 14,742 tonnes respectively, with average import prices of USD 914.2 per tonne, USD 924.8 per tonne and USD 829.8 per tonne. Germany and Sweden supplied 20 tonnes and 44 tonnes respectively.
Low carbon ferrochrome imports amounted to 2,091 tonnes with an average price of USD 1357 per tonne, of which 2,086 tonnes came from Kazakhstan. Due to high production costs, the domestic price was higher than prices for imports, hence imports rose significantly in this Jan.
China exports of ferrochrome were 11,466 tonnes in January 2009, including 8,138 tonnes of high carbon ferrochrome and 3,328 tonnes of low carbon ferrochrome. High carbon ferrochrome was exported at a price of some USD 900 per tonne with 6,488 tonnes going to Japan and 1,380 tonnes flowing into South Korea.
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