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⚙️ Ferrous Metals

Chromium Price — Indicative Level

Ferrochromium and chromium metal used in stainless steel and specialty alloys.

Reference level, set August 2026

Indicative reference: Chromium metal 99%, indicative level — no free live index available

9,200.00
USD/MT

MetalsPlace's indicative reference level for chromium is about 9,200.00 USD/MT, set in August 2026. It is not a live quote and does not move daily: chromium metal 99%, indicative level — no free live index available. Contract prices are agreed between buyer and seller.

Chromium price facts and sources
Indicative level~9,200.00 USD/MT
SetAugust 2026
Type of figureIndicative reference level (not a live quote)
What it measuresChromium metal 99%, indicative level — no free live index available
SourceNot published: an indicative level set by MetalsPlace in August 2026, not taken from a named price index
UnitUSD/MT (US dollars per metric tonne)

Indicative only, not a contract price. How MetalsPlace sources its prices

30-Day Price Trend
About Chromium

Chromium is essential for producing stainless steel, providing corrosion and oxidation resistance. It is also used in hard chrome plating, specialty alloys, and refractories.

Common Grades & Types
Ferrochrome HC (High Carbon)
50–70% Cr content. Primary stainless steel feedstock.
Ferrochrome LC (Low Carbon)
Low carbon grade for specialty stainless and superalloys.
Chromite Ore
Primary ore (Cr₂O₃ content), mined mainly in South Africa and Kazakhstan.
Chromium Metal (99%+)
Very pure metal for aerospace and specialty alloys.
Key Applications
  • Stainless steel production (primary use, ~85% of Cr demand)
  • Chrome plating
  • Superalloys (nickel and cobalt-based)
  • Refractory materials
  • Chrome chemicals (leather tanning)
What Drives Chromium Prices
  • 1Stainless steel production volumes
  • 2South African ferrochrome supply (dominant producer)
  • 3Energy costs in South Africa (Eskom load shedding)
  • 4Chinese stainless steel output
  • 5Chromite ore prices
Frequently Asked Questions

Why does chromium make steel stainless?

When at least 10.5% chromium is added to steel, it forms a thin, invisible oxide layer (Cr₂O₃) on the surface that is self-healing and prevents corrosion — making the steel 'stainless'.

Historical Prices
Last 30 days — USD/MT
DatePriceDaily Change
Nov 10, 20269,200.00—
Nov 9, 20269,200.00—
Nov 8, 20269,200.00—
Nov 7, 20269,200.00—
Nov 6, 20269,200.00—
Nov 5, 20269,200.00—
Nov 4, 20269,200.00—
Nov 3, 20269,200.00—
Nov 2, 20269,200.00—
Nov 1, 20269,200.00—
Oct 31, 20269,200.00—
Oct 30, 20269,200.00—
Oct 29, 20269,200.00—
Oct 28, 20269,200.00—
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Oct 26, 20269,200.00—
Oct 25, 20269,200.00—
Oct 24, 20269,200.00—
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Oct 20, 20269,200.00—
Oct 19, 20269,200.00—
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Oct 15, 20269,200.00—
Oct 14, 20269,200.00—
Oct 13, 20269,200.00—
Oct 12, 20269,200.00—
Oct 11, 20269,200.00—
Current Price
9,200.00
USD/MT
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Related Metals
Nickel
14,793.79
+3.81%
Stainless Steel
2,783.50
+1.59%
Manganese
1,480.00
+0.00%
Vanadium
32.00
+0.00%
All metal prices
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Prices are indicative and updated daily. Not for use as binding contract prices.