Ferrochrome Second Quarter In Deficit

2Q16 was characterised by an extremely tight market. Many producers had shut down operations globally, including four furnaces in South Africa going bankrupt over the past 8 months. This resulted in the remaining producers selling only on a contractual basis, leaving very minimal stocks available to the spot market for both chrome ore and ferrochrome. […]

South African Ferrochrome Capacity Shows Consistency

South Africa’s ferrochrome industry used 85% of its capacity in the first quarter, more or less in line with the fourth quarter of 2013, says consultancy services provider Core Consultants MD Lara Smith. The company estimates that the first quarter realised 760 000 t in ferrochrome, slightly lower than the 773 000 t produced in […]

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