Ferrochrome Ferrochrome is an alloy of chromium and iron containing between 50% and 70% chromium. Ferrochrome is produced by electric arc melting of chromite and chromium ore. Most of the world?s Ferro-Chrome is produced in South Africa which has large domestic chromite resources. The production of steel is the largest consumer of Ferrochrome, especially the production of stainless steel with a chromium content of between 10 and 20%.