10
Mar
14:59
China supply restrictions, demand growth lifts ferrochrome: Merafe
Supply restrictions in China, as well as the expected increase in global stainless steel demand could have a positive impact on ferrochrome prices, says Merafe. Although global stainless output fell an estimated 5% in 2020, it should rebound 12.5% in 2021, but this depends on Covid-19 pandemic developments.
The slowdown in global economic activity resulting from the pandemic exacerbated an already weak operating environment in 2020, slashing Merafe’s revenue…
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Anonymous
Very good overview of the weekly steel market.
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