Ferrochromium is consumed extensively

The global ferrochromium market is anticipated to be in deficit to cater the increasing global steel market in near future. It is produced by electric arc melting of chromium ore and chromite.Ferrochromium, also known as Ferrochrome, is an alloy of iron and chromium containing 50 to 70% of chromium.https://www.nb-huayi.com/product/metric-88501-series/ To access full report @ . The global ferrochromium market is witnessing a modest single digit CAGR growth up till now and is expected to continue in future. Ferrochromium is mostly produced in India, China, South Africa and Kazakhstan because of large chromite resources found in these countries. Ferrochromium is consumed extensively in the manufacturing of steel to achieve the qualities such as corrosion resistance, tensile strength, heat resistance and yield strength