Eramet Marietta ready to drop force majeure
Dec 04, 2007 | 10:25 AM
| Meghann McDonell
After nearly nine months, Eramet Marietta Inc. has told customers it will lift its force majeure on silicomanganese shipments by the end of the year as it has stockpiled enough material, a source close to the company said.
"Eramet recently notified customers it is lifting its force majeure," the source said. "It only applies to contracts that are in force majeure. The company has rebuilt stocks to sustainable levels."
The company's declared force majeure (French for "greater force") after a burnthrough of its silicomanganese furnace brought production to a standstill in early March. Temporary repairs were completed by the end of March, with normal output resuming shortly later.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here