Ferro-Chrome Market
Regions Covered
China
USA
Europe
Regions Covered
China
USA
Europe
Chinese production of Ferro chrome is expected to increase on the account of higher demand from stainless steel industry. However the increase is expected to be marginal Y-o-Y by 2-3% for 2018, due to expected shutdowns on account of environmental issues. Demand from stainless steel industry is expected to increase although only marginally for Ferro chrome in 2018. However the rise in China’s scrap usage rate is expected to prevent any major rise in demand for ferrochrome. The outlook for ferro-chrome will also continue to be influenced by prices for chrome ore which are in turn affected by the currency movements especially the South African rand has been volatile in 2018.
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