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Chromium

Steel & Alloy Metals

Chromium Cr · 24

The element that makes stainless steel stainless — at about eleven percent chromium, steel grows an invisible film that stops rust.

Metal poles (surface is chromium-plated) - HDR · Laitche · CC BY-SA 4.0 · Wikimedia Commons

What is it?

The element that makes stainless steel stainless — at about eleven percent chromium, steel grows an invisible film that stops rust.

Why does it matter?

There is no substitute for chromium in stainless steel, and supply is unusually concentrated in southern Africa.

Deeper written sections for this material have not been published yet. Everything below is drawn straight from the source datasets and is complete.

Read the numbers correctly. USGS reports chromite ore gross weight, not contained chromium. Chromite ore, then ferrochrome, then stainless steel; chromium metal for superalloys.

Where it comes from in the rock

All ore minerals →

These are the minerals that actually carry chromium. A deposit is only an orebody if one of them is concentrated enough to pay for digging it up.

Who produces it

See it on a map →

Mine production

Mine productionthousand metric tons 2025 (estimated) World total 51,000 thousand metric tons

USGS Mineral Commodity Summaries 2026 · USGS reports chromite ore gross weight, not contained chromium. · source ↗

Scroll the table sideways for the remaining columns.

CountryProduction Share of world
South Africa 23,000 45.1%
Turkey 9,000 17.6%
Kazakhstan 7,000 13.7%
Other countries 3,000 5.9%
India 3,000 5.9%
Zimbabwe 2,000 3.9%
Brazil 2,000 3.9%
Finland 1,900 3.7%
United States Zero
World total 51,000100%

“Withheld” means the USGS suppressed the figure to avoid disclosing an individual company's data — it does not mean zero. Country rows do not always sum to the world total because the source rounds each figure independently and does not always break out an “other countries” line.

Who holds the reserves

“Reserves” is a strict word. It means the part of a known deposit that could be extracted economically right now, with today’s prices and today’s technology — not everything that exists in the ground. Reserves grow when prices rise or a new process is invented, and shrink when they fall.

Reserves: Cr2O3 content

Reserves: Cr2O3 contentthousand metric tons 2025

USGS Mineral Commodity Summaries 2026 · source ↗

CountryReservesShare of world
South Africa 110,000 20.4%
Kazakhstan 100,000 18.5%
Zimbabwe 78,000 14.4%
India 27,000 5.0%
Finland 16,000 3.0%
Turkey 5,700 1.1%
Brazil 1,000 0.2%
United States 630.0 0.1%
Other countries Not applicable
World total >540,000100%

The source publishes this world total as a bound rather than a point figure, so the shares in the last column are themselves bounds.

Reserves: Ore

Reserves: Orethousand metric tons 2024

USGS Mineral Commodity Summaries 2026 · source ↗

CountryReservesShare of world
South Africa 350,000 29.2%
Kazakhstan 230,000 19.2%
Zimbabwe 140,000 11.7%
India 79,000 6.6%
Finland 63,000 5.2%
Turkey 27,000 2.2%
United States 8,500 0.7%
Brazil 3,900 0.3%
Other countries Not applicable
World total >1,200,000100%

The source publishes this world total as a bound rather than a point figure, so the shares in the last column are themselves bounds.

Price

Price: Chromium metal (gross weight), dollars per pound

Annual averagedollars per pound

2021 · 4.23 high 7.20 dollars per pound 2025 · 5.90

Basis: Price: Chromium metal (gross weight), dollars per pound. Annual averages as published in USGS Mineral Commodity Summaries 2026 · source ↗. These are reference annual averages, not a live market quote.

Price: Chromite ore (gross weight), dollars per metric ton

Annual averagedollars per metric ton

2021 · 199.0 high 331.0 dollars per metric ton 2025 · 290.0

Basis: Price: Chromite ore (gross weight), dollars per metric ton. Annual averages as published in USGS Mineral Commodity Summaries 2026 · source ↗. These are reference annual averages, not a live market quote.

Price: Ferrochromium (chromium content), dollars per pound

Annual averagedollars per pound

2021 · 1.50 high 3.19 dollars per pound 2025 · 1.60

Basis: Price: Ferrochromium (chromium content), dollars per pound. Annual averages as published in USGS Mineral Commodity Summaries 2026 · source ↗. These are reference annual averages, not a live market quote.

What it is used for

All end markets →
End marketWhat it does thereImportance
Nuclear Power Corrosion resistance in reactor steels Important

Follow it across the borders

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Where a consignment of this material actually goes — every country, every custodian, and what is left behind at each step.

New Caledonian laterite to stainless steel An island that smelts its own ore, and pays for it with the most expensive electricity in the industry. from New Caledonia · Saprolite laterite ore, roughly 2% nickel, low cobalt

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