The Chromite Market is essential for producing ferrochrome, a key alloying element in stainless steel manufacturing. Chromite is widely used in metallurgy, refractories, foundry sands, and chemical applications.Rapid industrialization, infrastructure development, and automotive production are driving demand for stainless steel, thereby supporting chromite consumption. Technological advancements in mining and beneficiation processes are improving ore quality and recovery rates.
Asia-Pacific dominates the market due to strong steel production in China and India. With growing construction and manufacturing activities, the chromite market is expected to maintain stable growth globally.
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