Ferrochrome prices refer to the market cost of ferrochrome — an alloy of iron and chromium — usually quoted per tonne in global and regional markets. Ferrochrome is not a household name, but it plays an essential role in modern industry. It is a key ingredient in stainless steel production, giving the metal strength and corrosion resistance. Because stainless steel is used widely in construction, infrastructure, appliances, automotive parts, and more, ferrochrome prices tend to follow real industrial demand and economic activity rather than speculation or short-term trading.