Third Quarter 2014 Ferrochrome Market Summary

Stainless steel production in 3Q14 fell to 10.49m tonnes compared to 10.8m tonnes in 2Q14. The main reason for the lower output was due to the European summer which resulted in European production falling from 2.11m tonnes in 2Q14 to 1.78m tonnes in 3Q14.  The European stainless steel industry is still pursuing plant closures in […]

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