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China baseline scenario 25 000 20 000 kt 15 000 10 000 5 000 Stainless steel production Ferrochrome consumption Ferrochrome production Chrome ore consumption 0 <strong>2012</strong>f 2013f 2014f 2015f 2016f 2017f 2018f 2019f 2020f For an analysis of any other emerging or mature markets, contact Roskill Source: Roskill Roskill Approachable. Independent. Expert.
STEEL ALLOYS – MINOR METALS – INDUSTRIAL MINERALS Facing a major decision? We help you explore the impact on the market – and the impact on you Roskill Consulting Group Ltd. 15% off if you attended this conference Contact: Thomas Höhne-Sparborth +44 20 8417 0087 ths@roskill.co.uk New Chromium report due first half of 2013 Roskill Approachable. Independent. Expert.
Page 1 and 2: Determinants of chrome ore and stai
Page 3 and 4: Outline Fundamentals of chrome ore
Page 5 and 6: Relationship between crude steel, s
Page 7 and 8: Predicting commodity use in emergin
Page 9 and 10: Application to chromium Chromium in
Page 11 and 12: Faster growth appears to result in
Page 13 and 14: Forces driving commodity use Indust
Page 15 and 16: A potential scenario for China’s
Page 17 and 18: A possible scenario for China’s f
Page 19 and 20: Accounting for the effects of trade
Page 21 and 22: Predictors of growth of export-orie
Page 23 and 24: Application to prediction of chrome
Page 25 and 26: Similar analysis must be applied to
Page 27 and 28: Production and consumption trends d
Page 29 and 30: Expected shift of ferrochrome produ
Page 31 and 32: Upstream substitutes % of stainless
Page 33: Summary The developmental path of

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