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Chrome Ore Export To Drop Nearly 20 In Fy13 Mmtc

Read more about Chrome ore export to drop nearly 20 in FY13 MMTC on Business Standard. Chrome ore export from India is expected to slip by 18 per cent to 330,000 tonnes in the current financial year, says Minerals and Metals Trading Corporation of India MMTC, the sole agency permitted by the government to export it.

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Concerns around chrome ore supply mainly arise from the industrys heavy dependence on South Africa, which accounts for 58 of the worlds chrome ore. China, the worlds largest consumer for chrome ore, imported approximately 15 million tonnes of chrome ore in 2019, of which nearly 80 originated South Africa, according to customs data.

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Chromium Slower Rampup Of Zimbabwean Ore Production

Zimbabwe has stated a goal of 1.9Mt chrome ore production in 2019 and further growth in ore supply to over 3Mt by 2022. As of April 2019, a reported 0.5Mt of chrome ore had been produced, already falling nearly 20 short of the 1.9Mt annual target, while still on track to achieve year-on-year growth.

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The tax, if it is implemented, would have an impact on Chinese demand, and chrome ore prices globally would likely rise to account for it, said Dmitriy Ossinin, market analyst at metals trading.

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Chrome ore Chromium, a steely-gray, lustrous, hard metal that takes a high polish and has a high melting point, is a silvery white, hard, and bright metal plating on steel and other material. Commonly known as chrome, it is one of the most important and indispensable industrial metals because of its hardness and resistance to corrosion.

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Bleak Future For Ferrochrome Producers Zimbabwe Situation

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Chrome Ores Albania Ore Specifications - Available as from Dec 2013 42 BASIS, CHROME ORE - LUMPY SPECS Cr2O3 Min. 40 - 42. Rejection 39 SiO2 10-13 Max. AL2O3 6-9 Max. S 0,009 Max. P 0,009 Max. MgO 18-24 Max. CrFe Ratio 2.51 Min.

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