Ferrochrome buyers nervous amid tight S. Africa supply

Feb 06, 2013 | 11:42 AM | Janie Davies

Tags  Ferrochrome, International Ferro Metals, Chris Jordaan, Janie Davies

CAPE TOWN, South Africa — Ferrochrome consumers are nervous about South Africa’s tightening supply after the country’s producers cut output under electricity buyback deals, International Ferro Metals Ltd. chief executive officer Chris Jordaan said on the sidelines of Mining Indaba in Cape Town.

South Africa’s ferrochrome producers all struck deals recently to cut production and sell the conserved power back to state-run power provider Eskom Holdings SOC Ltd., leading to tighter spot ferrochrome supplies from the country (amm.com, Jan. 24). ....

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