Shortage of HC and charge chrome in the US – you got to be kidding

There appears to be a good reason why US high-carbon and charge chrome prices aren’t matching up–there is plenty of material. In the first nine months of 2016, the US imported 418,866 mt vs. 419,201 mt FOR THE ENTIRE 2015 PERIOD. The 21016 monthly average was 46,541 mt compared to 34,933 mt for 2015. And, stainless steel production has barely budged from 2015 levels. Some shortage.

The major suppliers were: South Africa, 32,370 mt in September and 252,669 mt in the first three quarters of 2016, the monthly average was 28,085 mt in 2016 and 17,816 mt in 2015; Kazakhstan, 2,647 mt in September and 38,626 mt in the first three quarters of 2016, the average monthly amount was 4,292 mt in 2016 and 2,765 mt in all of 2015; Turkey, 0 in September and 19,267 mt in the first three quarter of 2015; the average monthly average in 2016 was 2,141 mt vs. 1,395 mt for all of 2015; Arab Emirates, 0 in September and 12,496 mt in the first three quarters of 2016, the average monthly total was 1,388 mt in 2016 and 0 in 2015; Finland, 4,503 mt in September and 67,265 mt in the first three quarters of 2016, the average monthly amount was 7,474 mt in 2016 and 5,262 mt in all of 2015; Russia, 63 mt in September and 1,791 mt in the first three quarters of 2016, the average monthly amount was 199 mt in 2016 and 1,916 mt in all of 2015; India, 1,723 mt in September and 7,294 mt in the first nine months of 2016, the 2016 average monthly total was 811 vs. 1,474 mt in 2015.

 

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