Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.

  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list

Global ferrochrome market to be in 11,000-mt deficit in 2015: Yildirim

Electric Power | Nuclear | Natural Gas | Oil | Crude Oil | Metals | Steel

Market Movers Europe, Oct 14-18: Oil markets focus on Putin's Saudi Arabia visit; Brexit looms over carbon market


Platts Market Data – Oil

Commodities | Metals | Non-Ferrous | Aerospace & Defense | Autos & Capital Goods | Materials | Building & Construction | Transportation

Aluminum Symposium 2020


B2Gold approves $38 million off-grid solar battery hybrid project: Suntrace

Global ferrochrome market to be in 11,000-mt deficit in 2015: Yildirim

Tokyo — The global ferrochrome market will be in a deficit of 150,000 mt, as demand from the stainless steel sector outgrows production, Turkey's Yildirim Group said Wednesday.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

Yildirim's subsidiary, ETI Krom, is the world's second-largest high-carbon ferrochrome producer, according to the group's website.

Global charge chrome and high carbon ferrochrome production in 2015 is expected to rise by 4% from 2014 to 11.69 million mt in total, slowing from the previous year's 8.8% growth, Yildirim said in a research report.

Production in 2014 was 11.23 million mt, it added.

China's production fell by 330,000 mt in the second half of 2014 from the fist half, triggered by slowing demand from the steel sector. China's production as a result was 4.4 million mt in 2014, up 10% from 2013. In 2015, China is expected to produce 4.5 million mt, up 2%, Yildirim said.

Production outside of China is seen at 7.2 million mt in 2015, up 5.2% from 2014.

India's output is expected to increase by 10% to 1 million mt in 2015 due to improvements in domestic market conditions.

South African production is seen at 3.65 million mt, up by 1% as only Glencore's Lion II smelter is expected to raise output. Kazakh production is seen rising by 9% to 1.18 million mt.

Meanwhile, Yildirim forecast 2015 consumption to be 11.84 million mt, up 6% from 11.15 million mt in 2014 on 5.7% growth in global stainless steel production.

In 2014, the market had a surplus of 80,000 mt. In 2015, on the basis of 11.69 million mt of production and 11.84 million mt of consumption, the market will be in a deficit of 150,000 mt, Yildirim forecast.

--Mayumi Watanabe,
--Edited by Jason Lindquist,