Track the latest insights on chromium price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.

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During the third quarter of 2025, the chromium prices in the USA reached 13150 USD/MT in September. Prices trended upward as domestic stainless steel producers maintained firm procurement activity, supported by stable downstream demand from aerospace and automotive manufacturing. Supply-side tightness emerged due to the constrained availability of high-grade chromium units, which limited spot market liquidity.
During the third quarter of 2025, the chromium prices in China reached 8151 USD/MT in September. The market experienced downward pressure as stainless steel production rates softened amid weaker export orders and cautious downstream procurement. Adequate availability of chromite ore and steady domestic refining output contributed to ample supply conditions, reducing urgency among buyers.
During the third quarter of 2025, the chromium prices in Canada reached 15280 USD/MT in September. Prices softened as demand from key alloy-consuming industries moderated due to cautious capital spending and delayed project timelines. Import flows remained steady, ensuring sufficient material availability despite logistical constraints at select ports. The absence of significant supply disruptions allowed buyers to negotiate more favorable terms, easing pricing pressure.
During the third quarter of 2025, the chromium prices in Japan reached 9798 USD/MT in September. Prices strengthened as specialty steel producers increased procurement to support high-value manufacturing segments. Limited domestic chromium processing capacity heightened reliance on imports, amplifying sensitivity to supply chain constraints. Stable industrial output and consistent demand from electronics and automotive sectors supported firm purchasing activity.
During the third quarter of 2025, the chromium prices in Brazil reached 9552 USD/MT in September. The market experienced upward movement supported by steady demand from stainless steel and metal finishing industries. Domestic mining output remained stable, but logistical inefficiencies constrained timely material movement, tightening spot availability. Export interest improved, reducing domestic supply volumes and supporting price firmness.
During the second quarter of 2025, the chromium prices in the USA reached 12120 USD/MT in June. In the USA, chromium prices in Q2 2025 were influenced by strong demand from the stainless steel and aerospace sectors. Import reliance on South African and Kazakh suppliers exposed the market to international logistics delays and geopolitical uncertainties. Domestic ferrochrome production remained limited, while higher energy and labor costs increased processing expenses. Supply chain adjustments in response to environmental compliance also contributed to pricing dynamics.
During the second quarter of 2025, chromium prices in China reached 8690 USD/MT in June. In China, chromium pricing was shaped by high consumption from the stainless steel and alloy manufacturing sectors. Disruptions in ore imports from South Africa due to port congestion and political instability affected supply consistency. Domestic smelters faced cost pressure from stricter environmental inspections and rising power tariffs. Inventory management at large steel producers influenced short-term procurement behavior and spot market liquidity.
During the second quarter of 2025, the chromium prices in Canada reached 16000 USD/MT in June. In Canada, chromium prices were impacted by modest domestic production levels and a heavy reliance on imports. Demand from the metallurgical and industrial manufacturing sectors remained stable. Transportation bottlenecks, particularly in rail freight, affected delivery timelines. Processing costs increased due to elevated energy inputs in mining regions. Weather-related disruptions in key logistics corridors also added to short-term supply uncertainty.
During the second quarter of 2025, the chromium prices in Japan reached 8940 USD/MT in June. In Japan, chromium pricing was driven by consistent demand from the stainless steel and automotive sectors. Import dependency on South Africa and Kazakhstan introduced exposure to variable freight costs and geopolitical risks. Refining operations faced cost pressures from stringent environmental policies and currency fluctuations. Slower port processing times and constrained vessel availability influenced shipment scheduling and procurement planning.
During the second quarter of 2025, the chromium prices in Brazil reached 9045 USD/MT in June. In Brazil, chromium prices were shaped by domestic production activity in northern states and demand from the steel and foundry sectors. Output was affected by intermittent rainfall in mining regions, impacting ore extraction and transport. Export commitments to Asian markets tightened domestic availability. Currency volatility influenced import and export parity, while inland logistics challenges contributed to regional supply imbalances.
The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing chromium prices.
Q3 2025:
During the third quarter of 2025, the chromium price index in Europe reflected varied conditions. Demand from stainless steel and specialty alloy producers remained resilient, supporting stable procurement activity. Limited regional mining capacity increased reliance on imports, heightening sensitivity to supply chain inefficiencies. Inventory discipline among distributors prevented oversupply, sustaining price stability. Environmental compliance costs influenced production economics, adding pressure.
Q2 2025:
As per the chromium price index, in Europe, chromium prices in Q2 2025 were influenced by steady demand from the stainless steel, automotive, and aerospace sectors. Supply chain disruptions due to delayed imports from South Africa and Kazakhstan created procurement challenges. Elevated energy prices and stricter environmental regulations added to refining and processing costs. Currency fluctuations and increased transportation charges further impacted landed costs across major industrial economies.
Detailed price information for chromium can also be provided for an extensive list of European countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
Q3 2025:
During the third quarter of 2025, the chromium price index in North America reflected mixed trends as demand from aerospace and automotive manufacturing remained consistently firm. Producers in these sectors sustained stable production schedules, which translated into regular raw material procurement and reinforced positive price sentiment. Inventory levels across the region were deliberately managed, with buyers avoiding excessive stock accumulation and relying on selective purchasing strategies, which helped prevent oversupply.
Q2 2025:
As per the chromium price index, in North America, chromium pricing was affected by limited regional production and sustained import reliance from global suppliers. Demand from the stainless steel, defense, and industrial manufacturing sectors remained firm. Logistical inefficiencies, including port delays and truck driver shortages, constrained material movement. Higher operational costs in ferrochrome processing and currency exchange volatility added further pressure on overall pricing dynamics.
Specific chromium historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Q3 2025:
As per the chromium price chart, the prices in the Middle East and Africa fluctuated due to a complex interplay of factors, primarily driven by supply chain disruptions, seasonal demand shifts, and geopolitical influences.
Q2 2025:
The report explores the chromium trends and chromium price chart in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
Region-wise data and information on specific countries within these regions can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Q3 2025:
During the third quarter of 2025, Asia Pacific chromium prices witnessed mixed trends shaped by active participation from vegetable oil refiners across major consuming economies. Refining operations maintained consistent throughput, resulting in sustained procurement requirements for chromium. In several markets, availability was influenced by production planning decisions and limited accessibility to specific grades, which affected sourcing flexibility. Buyers prioritized securing adequate volumes to support uninterrupted refining operations, leading to forward-looking purchasing strategies.
Q2 2025:
In the Asia Pacific region, chromium prices were shaped by strong industrial demand, particularly from the stainless steel, electronics, and construction sectors. Supply-side disruptions included inconsistent ore shipments from South Africa and policy-driven reductions in domestic smelting in countries like China and India. Energy cost escalation and regulatory compliance requirements further impacted production economics across several refining hubs.
This chromium price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Q3 2025:
Latin American chromium prices trended upward, supported by steady domestic demand and ongoing logistical constraints. Consumption from stainless steel and metal processing industries remained stable, encouraging regular procurement activity. At the same time, export interest absorbed a portion of regional supply, reducing material availability in domestic markets and strengthening supplier pricing power. Logistical inefficiencies, including transportation delays and infrastructure limitations, further tightened spot supply conditions.
Q2 2025:
In Latin America, chromium pricing was influenced by uneven domestic production and heavy dependence on imports for value-added processing. Demand from the steel, metallurgical, and mining equipment sectors remained stable. Adverse weather conditions in some mining zones affected output and transport. Currency volatility and rising inland freight rates added to procurement costs, while export flows to Asia limited regional spot availability.
This comprehensive review can be extended to include specific countries within Latin America.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
IMARC's latest publication, “Chromium Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the chromium market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of chromium at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed chromium prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting chromium pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

The global chromium market size reached 42208.0 Thousand Tons in 2025. By 2034, IMARC Group expects the market to reach 47879.6 Thousand Tons, at a projected CAGR of 1.41% during 2026-2034. The market is primarily driven by the rising stainless steel production, increasing use in aerospace and automotive alloys, and growing applications in surface treatment, metal finishing, and corrosion-resistant coatings across industrial manufacturing sectors.
Latest News and Developments:
Chromium is a hard, brittle metallic element primarily used as an alloying component in steel and non-ferrous metals. In the periodic table, it is identified as Cr and has a total of 24 protons in its atomic nucleus. Chromium is utilized in the processing of metals and is mainly derived from chromite ore that is prevalent in the Earth’s crust. Undoubtedly, this compound is most extensively used in creating stainless steel, as it enhances the steel's lifespan and resistance to rust and tarnish. Additionally, chromium is employed in chrome plating, colors and paints, and other specialized applications such as refractories. Its unique properties make it highly valuable in the aerospace, automotive, and manufacturing sectors, where it is utilized in both the design and functional aspects of various products and structures.
| 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 |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
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| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
|
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
IMARC offers trustworthy, data-centric insights into commodity pricing and evolving market trends, enabling businesses to make well-informed decisions in areas such as procurement, strategic planning, and investments. With in-depth knowledge spanning more than 1000 commodities and a vast global presence in over 150 countries, we provide tailored, actionable intelligence designed to meet the specific needs of diverse industries and markets.
1000
+Commodities
150
+Countries Covered
3000
+Clients
20
+Industry
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