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Thursday, 03 Sep 2009
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Merafe to increase ferrochrome output by 85pct
Thursday, 03 Sep 2009

Bloomberg reported that Merafe Resources Limited has increased output of the stainless steel ingredient in response to strengthening demand.

Merafe Resources said that ferrochrome production will rise to 85% of capacity through the re commissioning of several furnaces at its 5 ferrochrome operations. It added that "Demand is being monitored on a continuous basis and capacity utilization will be adjusted in line with such variations in demand."

(Sourced from www.bloomberg.net)

 

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