Africa: Chrome crunch

Demand for ferro-chrome has slumped as stainless steel producers react to the reality of falling demand. South African chrome ore miners and ferro-chrome producers had also been selling chrome ore directly to China, with companies like Assmang experiencing record profits, but demand from that market...

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Bibliographic Details
Published inMetal Bulletin Monthly no. 455; p. 10
Main Author Bain, Julie
Format Trade Publication Article
LanguageEnglish
Published London Fastmarkets 01.01.2009
Subjects
Commodity prices
Furnaces
Iron chromium alloys
Mining industry
Production management
Stainless steel
South Africa
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Summary:Demand for ferro-chrome has slumped as stainless steel producers react to the reality of falling demand. South African chrome ore miners and ferro-chrome producers had also been selling chrome ore directly to China, with companies like Assmang experiencing record profits, but demand from that market has waned in the last few months.
ISSN:0373-4064