South Africa Chrome ore exports in July'21

South Africa: Chrome ore exports decline over 20% on month in Jul’21

South Africa’s chrome ore exports slipped by 20.7%, m-o-m, while exports of ferro chrome stood at 0.28 mnt – a decline of 18% on month in Jul owing to elevated prices of chromite worldwide. Due to ferro chrome production cuts in China, imports of chrome ore from South Africa fell by 28%, m-o-m. On the contrary, due to the tight supply of ferro chrome in the Chinese domestic market, imports surged by 58.7% from South Africa, according to SteelMint sources.


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