Merafe Resources' ferrochrome output down by 29% YOY in 2020
2021-01-14 10:56:39 [Print]
Merafe Resources' attributable ferrochrome production from the Glencore Merafe chrome venture for the fourth quarter and the year ended December 31, 2020, decreased by about 8% and 29% respectively.
Attributable ferrochome production in the fourth quarter was 97,000t, bringing the full-year total to 265,000t, 106,000t lower than that produced in 2019.
As previously reported, the company attributes this decrease to cutbacks in production in response to the Covid-19 pandemic, market conditions and electricity disruptions.
Attributable ferrochome production in the fourth quarter was 97,000t, bringing the full-year total to 265,000t, 106,000t lower than that produced in 2019.
As previously reported, the company attributes this decrease to cutbacks in production in response to the Covid-19 pandemic, market conditions and electricity disruptions.
Ferro-chrome Cr 60%min, C 0.1%max In warehouse Pittsburgh
Unit:USD/lb Cr
China low carbon ferrochrome producers' suspension number statistics by province by month
Unit: pcs
