Yildirim Group to pare spot sales of Tikhvin ferrochrome

Sep 06, 2013 | 11:31 AM | Janie Davies

Tags  Yildirim Group, Tikhvin ferroalloys plant, Voskhod mining plant, ferroalloys, high-carbon ferrochrome, ferrochrome, Mechel, Eti Krom Cengiz Onal

LONDON — Yildirim Group will reduce spot sales of high-carbon ferrochrome produced at its Tikhvin ferroalloys plant in Russia, also cutting sales to third-party traders, a company executive told AMM sister publication Metal Bulletin Sept. 4.

Yildirim confirmed in August that it agreed to buy the Tikhvin facility and the Voskhod mining plant in Kazakhstan for $425 million from Russian mining and metallurgical group Mechel OAO.....

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