Eti Krom looks to China for ferrochrome's future
May 19, 2011 | 04:54 PM
| Thorsten Schier
Tags
Eti Krom,
ferrochrome,
stainless,
China,
South Africa
PITTSBURGH Turkish ferrochrome producer Eti Krom Inc. would like to join forces with a producer in China to take advantage of the countrys burgeoning output, which is expected to overtake South Africa by 2016, Cengiz Onal, sales manager for Eti Krom Inc., told AMM.
China could overtake South Africa as the worlds largest producer of ferrochrome in five years, even though the country has no reserves of chrome ore, he told participants at AMMs 25th Stainless and Its Alloys conference in Pittsburgh.
To take advantage of Chinas growth, Eti Krom will look to enter into a joint venture with a major Chinese producer, Onal told AMM in an e-mail following the presentation. Plans are still at an early stage, but the company will press ahead later this year.
"We will look into this subject later this year with possible candidates," he wrote.....
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