Higher Japan Ferroalloy Import Price

Japanese ferroalloy import price keeps increasing under higher international market. The ferrochrome import unit value increased by 45.5% to averaged 211,000 yen per tonne in May from April and the silicomanganese price increased by 25% to 232,000 yen. The import unit price renews record for many items with the largest step under worldwide expanding demand, tighter supply and jumping market price. The import price could keep increasing with expectation for higher international market.