Chromium Supply Disruptions Bring Prices Higher According to Merchant Research & Consulting, Ltd.11 Jul 2011 • by Natalie Aster
LONDON - Chromium market is forecast to grow in the foreseeable future. The key areas propelling this market today are the metallurgical industry and the expanding aerospace and industrial gas turbine markets. The consumption of chromium in the metallurgical industry, primarily for stainless steel accounts for around 4.5 mln metric tons.
However there is a number of issues surrounding the global chromium consumption. The primary one relates to the power issues in South Africa – the largest producer of the material in the world. Supply disruptions from these key mines cause significant increases in prices.
Detailed review and forecast on global, regional and country markets of chromium can be found in the new market research report “Chromium Market Review” that covers present situation, historical background and future forecast and addresses comprehensive data showing chromium capacities, production, consumption, trade statistics, and prices in the recent years are provided (globally, regionally and by country).
Chromium Market Review
Published: January, 2011
The report also indicates a wealth of information on chromium producers and suppliers, covers chromium production in the respective country, major chromium producers, chromium consumption in the country market, chromium trade in the country, chromium prices. Chromium market forecast for next five years, including market volumes and prices is also provided.
The study on chromium has been completed by Merchant Research & Consulting Ltd, an internationally recognized market research agency, specializing in chemical industry. “Chromium Market Review” is included into the catalogue “Metals”, which also highlights Aluminum, Antimony, Beryllium, Copper, Iron and Steel, Lead, Magnesium, Mercury, Silver, Titanium markets.
Monthly report updates for “Chromium Market Review” are available at http://mcgroup.co.uk/periodicals/monthly
Merchant Research & Consulting Ltd.
Julia Hill, Sales Manager
Tel: +44 20 7558 8740
Fax: +44 (20) 7900-3970