Ferrochrome companies

Key Ferrochrome Market Players:

Here is a list of key players operating in the global market:

• Glencore plc (Switzerland)
  • Company Overview
  • Business Strategy
  • Key Product Offerings
  • Financial Performance
  • Key Performance Indicators
  • Risk Analysis
  • Recent Development
  • Regional Presence
  • SWOT Analysis
• Samancor Chrome (South Africa)
• Yildirim Group (Turkey)
• Outokumpu Oyj (Finland)
• Hernic Ferrochrome Ltd. (South Africa)
• Tata Steel Ltd. (India)
• IMFA – Indian Metals & Ferro Alloys Ltd. (India)
• Jindal Stainless Ltd. (India)
• Balasore Alloys Ltd. (India)
• Nippon Steel Corporation (Japan)
• Pohang Iron and Steel Company – POSCO (South Korea)
• Yunnan Wenshan Electric Ferroalloy Co. Ltd. (China)
• Shanxi Jiang County Minmetal Ferroalloy Co. Ltd. (China)
• Eurasian Resources Group (Kazakhstan)
• Merafe Resources Ltd. (South Africa)
• Assmang Ltd. (South Africa)
• Kazchrome JSC (Kazakhstan)
• Afarak Group (UK)
• Al Tamman Indsil Ferrochrome LLC (Oman)
• Consolidated Minerals Ltd. (Australia)

The international ferrochrome market is significantly consolidated, with APAC and Europe-based players dominating production and supply chains. Companies such as Glencore, Samancor, and Tata Steel leverage vertical integration and long-lasting ore contracts to secure raw material stability. Strategic initiatives include capacity expansions in India and China, sustainability programs in Europe aligned with the regional Green Deal, and digital transformation projects in South Korea and Japan to enhance smelting efficiency. Besides, in July 2025, TNC Kazchrome JSC, a subsidiary of Eurasian Resources Group, has successfully gained the latest production record by manufacturing almost 31.2 million tons of ferroalloys, and comprises a robust and highly diversified consumer base, including stainless steel producers in Europe, the U.S., Southeast Asia, Japan, and China, thus suitable for boosting the market globally.

Corporate Landscape of the Ferrochrome Market:

• Glencore plc is one of the world’s largest and lowest-cost producers of ferrochrome, with integrated mining and smelting operations. In 2024, the company produced over 1,166 kilotons of ferrochrome, supplying stainless steel manufacturers globally. Its scale and cost efficiency give it a dominant position in the European and Asian stainless steel supply chains.
• Samancor Chrome is one of South Africa’s leading ferrochrome producers. The company operates extensive mining and smelting assets and has been central to stabilizing South Africa’s ferrochrome industry amid rising energy costsMining Indaba. Its partnership with Eskom in 2025 reflects strategic efforts to sustain competitiveness in global markets.
• Yildirim Group, through its subsidiary YILMADEN, is the world’s second-largest high-carbon ferrochrome producer. The company owns Eti Krom, Turkey’s only high-carbon ferrochrome producer, with reserves exceeding 130 million tons of chrome ore. Its international acquisitions, including Vargön Alloys in Sweden, have expanded its global footprint in ferroalloys.
• Outokumpu Oyj operates the Kemi chrome mine and Tornio ferrochrome smelter, making ferrochrome a core part of its stainless steel production. The company emphasizes clean and sustainable ferrochrome, positioning it as a competitive advantage in Europe. In 2024, Outokumpu temporarily reduced production due to weak demand, but maintains long-term integration with its stainless operations.
• Hernic Ferrochrome Ltd. is one of South Africa’s largest integrated ferrochrome producers, supplying charge chrome to global stainless steel markets. The company faced challenges from rising energy costs and competition from China-based fast markets. Despite cutbacks, Hernic remains a recognized name in the ferrochrome industry, reflecting South Africa’s legacy as a major supplier.