IC 9430 Chromium Metal

Based on a review of historical domestic and international chromium metal production capacity, production, consumption, trade, and trade literature, world annual chromium metal production capacity in 1995 was estimated to have been 38,300 metric tons, a drop from 43,500 tons in 1994. World chromium metal production and consumption were estimated, on average from 1984 through 1992, to have been 21,000 tons per year. U.S. consumption was estimated, on average over the same time period, to have been 6,200 tons per year. The major world chromium metal producers between 1984 and 1995 were China, France, Germany, Japan, Russia, United Kingdom, and United States. From 1984 through 1992, world trade averaged 8,400 tons per year. Germany and the United States accounted for over 75 percent of imports on average during the same time period. U.S. chromium metal import value rose from under $1 per kg before 1964 to over $6 per kg in 1993. Over the same time period, prices rose from about $4 per kg to about $10 per kg. Chemical specifications have become more stringent. Detailed chromium metal trade, prices, value, chromium metal chemical specification, and production capacity by country are reported. A shift in trade patterns was anticipated as Japan exits production and displaces Germany as the second largest importer and as Russia increases its role in world trade.