Salient Ferroalloys Statistics

This table presents key production, consumption, import, and export statistics for bulk and noble ferroalloys in the United States from 2018 through 2022, alongside global production figures. These data are critical for understanding the supply-demand dynamics of ferroalloys, which are essential additives in steelmaking and other metallurgical processes. Tracking these metrics helps gauge the health of related industries, informs trade policy, and supports strategic planning for resource management and industrial competitiveness.

Analysis of the data reveals that U.S. production of bulk ferroalloys fluctuated over the five-year period, peaking at 440,000 metric tons in 2021 before declining to 398,000 metric tons in 2022. Despite this production variability, reported consumption steadily decreased from 1,170,000 metric tons in 2018 and 2019 to 1,030,000 metric tons in 2022, indicating a possible contraction in domestic demand or substitution effects. Imports for consumption showed a notable rebound in 2022, rising to 1,460,000 metric tons after a dip to 1,050,000 metric tons in 2020, underscoring the U.S. reliance on foreign ferroalloy supplies. For noble ferroalloys, U.S. production remained relatively low but increased from 1,300 metric tons in 2018 to 3,100 metric tons in 2022. However, reported consumption declined from 55,000 metric tons in 2018 to 42,100 metric tons in 2022, while exports increased to 18,300 metric tons in 2022, suggesting shifts in trade flows. Globally, bulk ferroalloy production remained robust, hovering around 44.5 million metric tons in 2022, while noble ferroalloy production showed a steady upward trend, reaching 18.4 million metric tons, reflecting growing worldwide demand and production capacity expansion.