South Africa: Ferro chrome exports fall by 24% m-o-m in Oct’22

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South Africa’s ferro chrome exports dropped by 24% to 0.22 mnt in Oct’22 compared to 0.28 mnt in Sep’22.
Exports decreased due to weak demand amid low stainless steel consumption in major importing countries.
China was the largest importer at 0.05 mnt followed by Indonesia at 0.03 mnt, and Mozambique at 0.05 mnt.
In Jan-Oct’22, ferro chrome exports from the country stood at 2.88 mnt, down 16% y-o-y.

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