NEW YORK High-carbon ferrochrome consumption in the United States trended down in April compared with March, but year-to-date ferrochrome consumption was up from last years level, according to U.S. Geological Survey statistics.
High-carbon ferrochrome consumption totaled 31,500 tonnes in April, down 2.2 percent from 32,200 tonnes the previous month but up 0.3 percent from 31,400 tonnes a year earlier. Year-to-date consumption totaled 126,000 tonnes, up 2.3 percent from 123,200 tonnes in the first four months of last year.
Low-carbon ferrochrome consumption totaled 1,990 tonnes in April, unchanged from March but 3.6 percent higher than 1,920 tonnes in the same month last year. Consumption in the first four months of the year totaled 8,050 tonnes, up 13.9 percent from 7,070 tonnes a year ago.
Stainless steel industry consumption of ferrochrome totaled 31,800 tonnes in April, down 2.5 percent from 32,600 tonnes in March and 0.6 percent below 32,000 tonnes a year earlier. Year-to-date consumption totaled 127,000 tonnes, up 1.6 percent from 125,000 tonnes in the first four months of 2013.
Consumer stocks at the end of April were estimated at 8,040 tonnes of high-carbon ferrochrome and 1,590 tonnes of low-carbon ferrochrome.
Fort Belvoir, Va.-based DLA Strategic Materials stockpiles at the end of April totaled 79,500 tonnes of high-carbon ferrochrome and 41,700 tonnes of low-carbon ferrochrome.