FeCr furnaces restart as Eskom deals expire
Jun 01, 2012 | 11:45 AM
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Power buyback deals between South African ferro-chrome producers and state power group Eskom have expired, prompting restarts at several furnaces on Friday June 1.
Producers shut down 300,000-350,000 tonnes of production between February and May and sold the conserved electricity back to Eskom.
They have brought around 150,000 tonnes back online, according to market sources’ estimates.
Hernic has switched its one idled furnace back on, but will only produce in line with demand and could switch it back off at a later date. ....
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