Chromium Prices, Trend, Chart, Demand, News, Graph & Forecast
North America Chromium Prices Movement Last Quarter:
Chromium Prices in United States:
|
Product |
Category |
Price |
|
Chromium |
Metals |
12161 USD/MT |
In Last Quarter, the average price of chromium in the United States reached 12,161 USD/MT, aligning with the prevailing chromium price trend. This price reflected the strong demand for chromium in the production of stainless steel, which remains a primary driver in the U.S. market. Other industries, including aerospace and automotive, also contributed to the steady demand for this critical metal. Rising production costs, along with geopolitical uncertainties and global supply chain challenges, further impacted pricing. The U.S. chromium market remained highly sensitive to international trade dynamics, especially with suppliers from countries like South Africa and Kazakhstan.
APAC Chromium Price Movement Last Quarter:
Chromium Prices in China:
|
Product |
Category |
Price |
|
Chromium |
Metals |
8850 USD/MT |
In China, the average price of chromium in the last quarter reached 8,850 USD/MT, reflecting a more moderate price compared to the U.S. market. China’s pricing was influenced by its large domestic production capacity and the significant role chromium plays in the country’s steel and alloy industries. Despite global market pressures, China managed to maintain competitive pricing, benefiting from efficient production methods and strong government support for its mining sector. However, the prices were still impacted by fluctuating raw material costs, logistical challenges, and shifts in global demand, particularly from emerging economies.
How IMARC Pricing Database Can Help
The latest IMARC Group study, “Chromium Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Chromium price trend, offering key insights into global Chromium market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Chromium demand, illustrating how consumer behaviour and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.
Request to Get the Sample Report: https://www.imarcgroup.com/chromium-pricing-report/requestsample
Key Features:
|
Key Attributes |
Details |
|
Product Name |
Chromium |
|
Report Features |
Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Chromium Price Analysis, and Segment-Wise Assessment. |
|
Currency/Units |
US$ (Data can also be provided in local currency) or Metric Tons |
|
Information Covered for Key Suppliers |
· Company Overview · Business Description · Recent Trends and Developments |
|
Customization Scope |
The report can be customized as per the requirements of the customer |
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.
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