Step 1: Concept Ferro-chrome is an alloy of chromium and iron, usually containing 50% to 70% chromium.
Step 2: Meaning Chromium is the essential alloying element that provides corrosion resistance to steel.
Step 3: Analysis While some ferroalloys are used for deoxidation, chromium is primarily a bulk alloying element. Stainless steel must contain at least 10.5% chromium.
Step 4: Conclusion Consequently, the production of stainless steel is the largest consumer and main application of ferro-chrome.
Final Answer: (D)