Recently, the demand for high chromium stainless steel AISI 304 ASTM continues to grow. On the one hand, domestic production of high-chromium stainless steel AISI 304 ASTM is growing. According to statistics, in October 2023, the production of high-carbon ferrochrome in several large high-chromium production areas in the country was 698,700 tons, an increase of 36,600 tons sequentially, an increase of 5.53%；
On the other hand, ferrochrome imports have also increased significantly. According to customs statistics, in October 2023, total domestic imports of AISI 304 ASTM high-carbon ferrochrome steel were 304,800 tons, an increase of 0.98% sequentially and 17.28% year on year; it has been increasing for four years. months in a row. From January to October 2023, a total of 2.721 million tons of ferrochrome were imported from China, an increase of 33.83% year-on-year.%；
In October 2023, China's total imports of AISI 3040 stainless steel chrome ore were 1.4827 million tons, down 0.03% sequentially and up 53.30% year on year; From January to October 2023, China's total imports of chrome ore amounted to 14.5296 million tons, an increase of 15.76% year on year.
