In 2023, the National Defense Stockpile stocks of chromium metal, expressed in terms of chromium content, stood at 3.47 thousand metric tons. Forecasts from 2024 to 2028 demonstrate a steady year-on-year decline, with stock levels decreasing from 3.39 thousand metric tons in 2024 to 3.06 thousand metric tons in 2028. This represents an annual decrease of approximately 2.6% over this period.
Future trends to watch for include potential changes in policy affecting importation or production of chromium, shifts in industrial demand, and geopolitical factors that could impact stockpile strategies. Environmental and sustainability concerns may also influence chromium usage and stockpile decisions.
