Ferroalloy Market - Detailed Analysis of Current Industry Figures with Forecasts Growth by 2025
Ferroalloys are prominently used in production of steel to improve its properties like corrosion resistance, fatigue strength, ductility, and tensile strength. Moreover, ferroalloys could be used in deoxidation, refining, and control of non-metallic inclusions and precipitates. Ferrochrome, a type of ferroalloys, is used to produce stainless steel and contains about 50% to 70% chromium by weight.
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