Ferrochrome, or Ferrochromium (FeCr) is a type of ferroalloy, that is, an alloy between chromium and iron, generally containing 50% - 70% chromium. It is produced in an energy intensive process in electric furnaces from chrome ore, iron ore, and coal. FeCr is used in the production of stainless steel, special steel and castings. Ferrochrome is divided up in three main products which are Low Carbon FeCr, Medium Carbon FeCr and High Carbon FeCr. In 2020, we observed Ferrochrome prices at 1.53 - 3.77 €/kg Cr and Chrome Metal Lump prices at 6.25 - 6.85 €/kg Cr.
Chrome is mainly used in the production of stainless steel, special steel, refractories, and chemicals.
|Name||Price Range 2020||Abbreviation||Size (mm)||Cr Content (%)|
|High Carbon Ferrochrome||1.59 - 1.70 €/kg Cr||HCFeCr||0.5-10 (fines)||65-75|
|High Carbon Ferrochrome||1.53 - 1.64 €/kg Cr||HCFeCr||10-100 (lumpy)||65-75|
|Medium Carbon Ferrochrome||2.80 - 3.30 €/kg Cr||MCFeCr||10-100||65-75|
|Low Carbon Ferrochrome||2.78 - 3.77 €/kg Cr||LCFeCr||10-100||65-100|
|Chrome Metal Lumps||6.25 - 6.85 €/kg Cr||Cr metal||5-80||99-100|
|Nitrided Ferrochrome||5.30 - 6.00 €/kg Cr||NFeCr||10-50||60-75|
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.
Access data on all commercially relevant Chrome grades, traded on the Metalshub Marketplace.
Access a contact list of the top producers & traders and receive offers through the platform.
-500 vetted metals suppliers
-Transaction based ratings
-KYC-details & ISO Certificates
Register to receive access to the entire list.
I will guide you through our platform in your language
Join me for a 15 min demo of our platform and learn more about how our platform can help you reach your procurement goals