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  • Yetai New Material to build 550ktpa HC ferrochrome project

    2025-01-13 15:15:45   [Print]
    On January 7, Shangdu Yetai New Material Co.Asian Metal CopyrightOn January 7, Shangdu Yetai New Material Co.Asian Metal Copyright, Ltd.Asian Metal CopyrightOn January 7, Shangdu Yetai New Material Co.Asian Metal Copyright signed an agreement with the local county government to build a HC ferrochrome project at Shangdu Industrial Park in Inner Mongolia.

    With a total investment of more than RMB1 billion (USD136 million), the project will build six 45000KVA closed electric furnaces and associated facilities. When completed, it will be able to produce 550,000 tonnes of HC ferrochrome annually, with over 85% of production powered by green electricity.

    .Asian Metal CopyrightOn January 7, Shangdu Yetai New Material CoAsian Metal Copyright
    Ferro-chrome Cr 52%min, C 8%max EXW China
    Unit:RMB/mt 50-basis
    Ferro-chrome Cr 52%min, C 8%max EXW China RMB/mt 50-basis
    China low carbon ferrochrome producers' inventory to production ratio statistics by province by month
    Unit: %
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