Looking ahead to the overseas chromium market in 2023, the demand side is affected by the weak global stainless steel growth, and the overall demand increment is relatively limited. At the same time, there is also some pressure on the supply side. As a major supplier of chromium industry, restrictions on local electricity and transportation logistics infrastructure in South Africa continue to have a medium to long-term impact on the supply of chromium resources, resulting in a gap in domestic chromium ore supply.