2014
Project Expansion for Chromium in China
Tharisa plc planned to construct a ferrochrome smelter in Luoyuan Bay, Fujian Province, with a 600,000 t/yr capacity, expected to start in 2014.
China trade
Sodium Chromate
Market intelligence
Relevant Events
1 Jan 2010
Regulatory Change for Chromium in China
China’s government policy in 2010 allowed power consumers to negotiate prices directly, raising electricity costs for ferrochromium producers.
1 Jan 2010
Regulatory Change for Chromium in China
China increased its reserve ratio requirement in 2010 to curb inflation.
1 Jan 2007
Processing Expansion for Chromium in China
Sinosteel expanded Tuoli Taihang's furnace capacity to 140,000 t/yr in 2007 with new 12,500 kVA electric arc furnaces.
1 Jan 2006
Ownership Change for Chromium in China
Sinosteel acquired Shanghai Shenjia Ferroalloy Works and Tuoli Taihang Ferroalloy Company, consolidating ferrochromium production in China.
1 Jan 2006
Ownership Change for Chromium in China
Sinosteel formed a joint venture with South African firm Samancor, obtaining 50% interest in Tubatse Ferrochrome furnaces.
1 Jan 2006
Ownership Change for Chromium in China
Sinosteel acquired a 70% stake in Tuoli Guoyuan's chromite mine, securing raw material supply for ferrochromium production.
1 Jan 2006
Processing Expansion for Chromium in China
Sinosteel moved its furnaces to Xuzhou City, Jiangsu Province, integrating with new furnaces to increase ferrochromium capacity.
2005
Tariff Change for Chromium in China
China applied export tax rebates, VAT, and export duty to chromium materials in 2005, impacting export competitiveness.
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