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Chromium to see 'continued robust demand growth' on a global level

Nils Backeberg, senior analyst at Roskill, chats to Proactive Investors about his just released Chromium Global Industry, Markets & Outlook report.

He says while Chrome ore prices have seen continued volatility over the last few years they've begun to stabilise - oscillating around US$200/t during the first half of this year.

South Africa is by far the largest-producing country for chromite, accounting for more than half of the global total.

Backeberg adds that Chinese demand for stainless steel's expected to continue to grow strongly over the next decade, meaning continued robust demand growth for chromium.

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November 08 2018

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