IFM extends FeCr shutdown to June

Apr 26, 2012 | 09:18 AM |

International Ferro Metals (IFM) will keep its ferro-chrome furnaces offline until June under an amended electricity-saving deal with South African state power group Eskom.

The company switched its two furnaces off separately on March 1 and April 1, initially agreeing to keep them offline until May 1 and sell the conserved electricity back to Eskom.
Most other South African ferro-chrome producers have also cut production and are returning power back to the grid. ....

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