Brazilian ferroalloys producer Cia. de Ferro Ligas da Bahia
(Ferbasa) saw revenue fall 24.5 percent year on year in March
amid declining ferrochrome and ferrosilicon sales.
Revenue stood at 55.6 million
reais ($27.7 million) last month, down from 73.69 million reais
a year earlier and 68.38 million reais in February, the
Bahia-based company said in a filing with the São Paulo
The company sold 20,378 tonnes
of ferroalloys in March.
Sales of high-carbon ferrochrome
fell 13.6 percent year on year to 13,213 tonnes, while those of
low-carbon ferrochrome fell 24.8 percent to 1,456 tonnes.
Ferrosilicon sales reached 5,709
tonnes in March, down 39.8 percent from the same month last