Industrial Minerals


Chromite prices edge lower on muted ferrochrome demand

18 June 2012

by Jessica Roberts

Producers cut chromite output as stainless steel activity falls; price outlook uncertain

Keywords: chromite, South Africa, ferrochrome, alloy, stainless steel

Prices for metallurgical and non-metallurgical chromite grades have edged lower, market sources told IM, as softening demand in the ferrochrome market has created excess chromite supplies.

 

Ferrochrome demand has dropped in recent weeks owing to muted activity in the stainless steel...