Ferrochrome Market - Top Companies and Manufacturers

  • Report ID: 5045
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Companies Dominating the Ferrochrome Landscape

    • Ironveld Plc
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Tata Steel Mining Limited (Tata Steel Limited)
    • Samancor Chrome Limited
    • Ferro Alloys Corporation Limited
    • Eurasian Resources Group S.à r.l.
    • Hernic Ferrochrome (Pty) Ltd. (Mitsubishi Corporation)
    • Sandvik AB
    • Daido Steel Co., Ltd.
    • China Baowu Steel Group Corp., Ltd.
    • Merafe Resources

Browse Key Market Insights with Data Illustration:

In the News

  • Ironveld Plc has finally signed the Share Purchase Agreement (SPA) to acquire 100% of the shares of Ferrochrome Furnaces Limited. This acquisition is aimed at using the smelting production unit and commencing mining and processing.
  • Tata Steel Mining Limited, a subsidiary of Tata Steel has announced its decision to increase its ferrochrome production capacity to 900,000 tonnes per year.

Author Credits:  Rajrani Baghel


  • Report ID: 5045
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of ferrochrome is estimated at USD 20.9 billion.

The ferrochrome market size was over USD 20.05 billion in 2024 and is projected to cross USD 39.09 billion by the end of 2037, growing at more than 5.4% CAGR during the forecast period i.e., between 2025-2037. The increasing production of steel and rapid growth of end-use industries will impel the market growth.

North America industry is set to hold 24% revenue share by 2037, owing to presence of the largest industrial share along with the manufacturing sector in the region.

The major players in the market include Ironveld Plc, Tata Steel Mining Limited (Tata Steel Limited), Samancor Chrome Limited, Ferro Alloys Corporation Limited, Eurasian Resources Group S.à r.l., Hernic Ferrochrome (Pty) Ltd. (Mitsubishi Corporation), Sandvik AB, Daido Steel Co., Ltd., China Baowu Steel Group Corp., Ltd., Merafe Resources.
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