FerroAtlántica Group SA will cut silicon and
ferrosilicon production in South Africa by 15,000 tonnes each
amid difficult market conditions and a national energy-saving
initiative, the company announced Wednesday, Dec. 12.
The Madrid-based producer will close three furnaces for five
months starting in January 2013 and could make further
production adjustments, depending on markets.
Two out of three furnaces at the companys Polokwane plant
in northeastern South Africa will be closed, as will one
furnace at its Rand Carbide plant.
AMM sister publication Metal Bulletin
understands that the closures have been agreed upon with
Sandton, South Africa-based state power group Eskom Holdings
SOC Ltd., which has been asking ferroalloys suppliers to sell
electricity back to the national grid amid concerns about
FerroAtlántica said that it remains committed to its
industrial and mining activities in the South Africa.
A version of this article was first published by AMM sister
publication Metal Bulletin.