Infrastructure slows South African growth

According to Bloomberg, South Africa produced about 44% of the world's ferro-chrome last year and sales amounted to more than RSObn. But South Africa's global market share in chrome ore has declined to 73% in 2008 from 86% in 2004. During the same period China's ferro-chrome market sh...

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Bibliographic Details
Published inMetal Bulletin Monthly p. 4
Main Author Bain, Julie
Format Trade Publication Article
LanguageEnglish
Published London Fastmarkets 01.11.2009
Subjects
Costs
Electricity
Exports
Infrastructure
Inventory management
Iron alloys
Manganese steel
Market shares
Prices
Statistical data
South Africa
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Summary:According to Bloomberg, South Africa produced about 44% of the world's ferro-chrome last year and sales amounted to more than RSObn. But South Africa's global market share in chrome ore has declined to 73% in 2008 from 86% in 2004. During the same period China's ferro-chrome market share rose from 9% to 18%, even though China only has 1% of the world's chrome deposits.
ISSN:0373-4064