Ferrochrome production back to over 200ktpa with 90% capacity utilization in FY16 target ; FeCr prices likely to improve on rising production costs in major producing regions (China, in particular) and on destocking of stainless steel ; South African rand depreciation helps offset power and other cost inflation Power supply expected to normalise in South Africa; though, at higher cost ; Increasing self-sufficiency in high grade chrome ore as Rooderand and Lesedi mines ramp up and on re
26 Feb 2015
Production and cost control to deliver value
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Production and cost control to deliver value
International Ferro Metals (IFL:LON) | 0 0 0.0% | Mkt Cap: 4.99m
- Published:
26 Feb 2015 -
Author:
John Meyer | Sergey Raevskiy | Simon Beardsmore -
Pages:
39
Ferrochrome production back to over 200ktpa with 90% capacity utilization in FY16 target ; FeCr prices likely to improve on rising production costs in major producing regions (China, in particular) and on destocking of stainless steel ; South African rand depreciation helps offset power and other cost inflation Power supply expected to normalise in South Africa; though, at higher cost ; Increasing self-sufficiency in high grade chrome ore as Rooderand and Lesedi mines ramp up and on re