What is Ferrochrome?
Ferrochrome is a kind of ferroalloy which consists of iron and chromium.Depending on the application, ferrochrome contains between 50-70% chromium.It can be divided into three categories, depending on the level of carbon in the alloy.The three types of ferrochrome alloys are:
- High-carbon (HC) ferrochrome (carbon content between 4% and 8%)
- Middle-carbon(MC)ferrochrome (carbon content between 0.5% and 4%)
- Low-carbon(LC)ferrochrome (carbon content between 0.06% and 0.5%)
We can supply customer with HC FeCr, MC FeCr and LC FeCr.
Ferro Chrome Manufacturer
Ferro Chrome is majorly produced in South Africa, China, Kazakhstan, Russia and India. Most of the Low Carbon Ferro Chrome is used in the production of Stainless steel.
ZXferralloy Supplies High Purity FeCr
Low Carbon Ferro Chrome Specification
High Carbon Ferro Chrome Specification
80% of the world’s ferrochrome is used in the production of stainless steel.The majority of ferrochrome is most commonly in stainless steel, orgin from South Africa.
MC FeCr is used in the foundry industry as well as in steelmaking plants where refining capacity is limited but low silicon content is required.
Low carbon and medium carbon ferrochrome is commonly used in the manufacture of special steels. Low carbon ferrochrome can be used to produce superalloys.
Ferrochrome Production Method
HC FeCr is produced by a blast furnace method, an electric furnace method, and a plasma furnace method.
The most common modern method of production of HC FeCr with high chromium content is smelting in submerged electric arc furnaces.
The most commonly used processes to manufacture low carbon ferrochrome are metallo-thermic reductions .
LC FerroChrome Market section
Middle East and Africa Market
(Saudi Arabia, United Arab Emirates, Egypt, Nigeria, South Africa)
North American Market (USA, Canada, Mexico)
Asia Pacific Market (China, Japan, Korea, India, Southeast Asia)
South American Market (Brazil, Argentina, Colombia)
European Market (Germany, UK, France, Russia, Italy)
The global key manufacturers of Low Carbon Ferrochrome include ZXferroalloy, Midural Group, Eti Electrometallurgy, Kazchrome, JFE Material and FERBASA, etc.
Ferro Chrome Market Analysis
China’s high-carbon ferrochrome imports continue to increase in March 2023
According to customs data, China imports 305,600 tons of high-carbon ferrochrome in March 2023.Among them, 201,000 tons were imported from South Africa, an increase of 41,500 tons from the previous month. Imports from Kazakhstan were 43,200 tons, a decrease of 35,800 tons from the previous month. Imports from India were 34,100 tons, an increase of 2,300 tons from the previous month. 25,200 tons were imported from Zimbabwe.
Ferro Chrome Price Analysis (April)
The spot price of chromium has rebounded, the cost of ferrochrome factories is running at a high level.High-carbon ferrochrome stopped falling and stabilized this week.At the beginning of the week, the stainless steel rally continued, and the sentiment in the chromium market gradually improved.
The price of low carbon ferrochrome is running firmly.The price of low-carbon ferrochrome remained firm, and high-carbon ferrochrome stopped falling and rebounded, which drove the activity of dealers and users to inquire and purchase.. The overall supply of low-micro-carbon ferrochrome has dropped significantly this month, largely offsetting the negative impact of downstream purchase reductions.
Downstream stainless steel
The price trend of stainless steel fluctuated this week.At the beginning of the week, steel mills continued to close their plates and pull up operations, and the price of stainless steel continued to rise sharply.
Ferro Chrome Price Forecast for Next Week
l At the end of the month, the industry mainly waits and sees the procurement policies and production schedules of steel mills in May, and iron prices continue to face certain resistance. Although the price of stainless steel fluctuates at a high level, the profits of steel mills have been significantly restored. In addition, chrome ore has risen again, and the pessimism in the market has weakened. It is expected that there will be a certain replenishment demand in the market before the long holiday next Friday.