Posted on 22 January 2009
LSE-listed ferrochrome producer International Ferro Metals (IFM) CE David Kovarsky said he was confident that low-cost ferrochrome producers, such at IFM, would be “rewarded” when demand for the commodity picked up again.
With the release of its operational performance for the six months ended December 31, 2008, Kovarsky noted that IFM was disappointed in the collapse of ferrochrome [...]
Posted on 08 December 2008
THE suspension of 80% of the Xstrata-Merafe joint venture’s ferrochrome capacity may not be enough, considering the buildup of ferrochrome stockpiles and the slowdown of production in the stainless steel industry, Samancor Chrome chairman Dankor Konchar said on Friday.
Samancor Chrome has suspended 100% of its capacity since early last month until March 1, when the [...]