Ferrochrome, or Ferrochromium (FeCr) is a type of ferroalloy, that is, an alloy between chromium and iron, generally containing 50% - 70% chromium. Based on the Metalshub Price Index, the price of Low Carbon Ferrochrome in Q2 2021 ranged from 3.50-3.76 €/Kg Cr. For High Carbon Ferrochrome, the price range was 1.99-2.32€/Kg Cr. The Metalshub price Index uses methodology validated by leading industry experts, helping customers make data-driven trading decisions.
Chrome is mainly used in the production of stainless steel, special steel, refractories, and chemicals.
|Name||Abbreviation||Size (mm)||Cr Content (%)|
|High Carbon Ferrochrome||HCFeCr||0.5-10 (fines)||65-75|
|High Carbon Ferrochrome||HCFeCr||10-100 (lumpy)||65-75|
|Medium Carbon Ferrochrome||MCFeCr||10-100||65-75|
|Low Carbon Ferrochrome||LCFeCr||10-100||65-100|
|Chrome Metal Lumps||Cr metal||5-80||99-100|
Ferrochrome, like ferromanganese, is classified by the amounts of carbon contained in the alloy. High Carbon Ferrochrome contains a minimum chromium content of 65 wt% and a maximum carbon content of 9 wt%. More than 80% of the world's ferrochrome production is used for the production of corrosion and heat resistant stainless steels, which can have a chromium content of more than 10.5 wt%.
Click here to read about Metalshub's recently launched HCFeCr price index.
Ferrochrome alloy with a minimum Chromium content of 65 wt% and a maximum carbon content of 2 wt%.
Ferrochrome alloy with a minimum Chromium content of 60 wt% and a maximum carbon content of 0.1 wt%.
In stainless steels elements like Nickel can be substituted partly by Nitrited Ferrochrome to reduce production costs.
Chrome metal is available in the form briquettes reducing dust loss and improving handling
Besides briquettes, Chromium metal can also be available in lumpy form.
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