In 2023, the domestic epidemic situation gradually relaxed, the market economy slowly recovered, and the consumption of chromium resources continued to improve. Moreover, the energy crisis in Europe has passed, and overseas demand for chromium iron ore has recovered. The diversion of overseas chromium resources to China has led to a tight supply of domestic chromium resources, and the overall market has rebounded and improved. Under the restoration of factory profits, it may stimulate the investment of new and resumed production capacity in the factory, in order to supplement the reduction in chromium iron import supply.