Chrome Industry Annual Report 2018
2019-02-19 17:53:05 【Print】
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1. Chrome Industry Overview
Chromium is a chemical element with symbol Cr and atomic number 24. It is the first element in group 6. It is a steely-grey, lustrous, hard and brittle metal which takes a high polish, resists tarnishing, and has a high melting point. The name of the element is derived from the Greek word χρ?μα, chrōma, meaning color, because many chromium compounds are intensely colored. Chromium is remarkable for its magnetic properties: it is the only elemental solid which shows antiferromagnetic ordering at room temperature (and below). Above 38 °C, it changes to paramagnetic.
China is short of chrome ore resource which can be classified as deficient resource. The recoverable deposits reserve is 10.78 million tons including 53.6% of high-grade ore resource. China's 56 chrome ore production regions are distributed in 13 provinces (districts) including Tibet, Xinjiang, Inner Mongolia and Gansu, and Tibet holds the most chrome ore resource which accounts for 39.4% of the total, and Inner Mongolia holds the second most. China is the world's largest stainless steel producer, therefore is also the largest ferrochrome producer and chrome ore consumer. However, China faces serious shortage of chromite resource; besides, mining and metallurgy of domestic chrome ore is unfavorable with slow development; thus, China need relay on a large number of imports to solve domestic supply for a long-time. South Africa, Kazakhstan, Finland, India, Brazil, Turkey, Albania and Iran hold abundant ferrochrome resources. According to statistics, top two export countries of chrome ore to China are South Africa and Turkey with the former possessing 76.1% chrome resources of the world.
Chromium is a chemical element with symbol Cr and atomic number 24. It is the first element in group 6. It is a steely-grey, lustrous, hard and brittle metal which takes a high polish, resists tarnishing, and has a high melting point. The name of the element is derived from the Greek word χρ?μα, chrōma, meaning color, because many chromium compounds are intensely colored. Chromium is remarkable for its magnetic properties: it is the only elemental solid which shows antiferromagnetic ordering at room temperature (and below). Above 38 °C, it changes to paramagnetic.
China is short of chrome ore resource which can be classified as deficient resource. The recoverable deposits reserve is 10.78 million tons including 53.6% of high-grade ore resource. China's 56 chrome ore production regions are distributed in 13 provinces (districts) including Tibet, Xinjiang, Inner Mongolia and Gansu, and Tibet holds the most chrome ore resource which accounts for 39.4% of the total, and Inner Mongolia holds the second most. China is the world's largest stainless steel producer, therefore is also the largest ferrochrome producer and chrome ore consumer. However, China faces serious shortage of chromite resource; besides, mining and metallurgy of domestic chrome ore is unfavorable with slow development; thus, China need relay on a large number of imports to solve domestic supply for a long-time. South Africa, Kazakhstan, Finland, India, Brazil, Turkey, Albania and Iran hold abundant ferrochrome resources. According to statistics, top two export countries of chrome ore to China are South Africa and Turkey with the former possessing 76.1% chrome resources of the world.
