05
Feb
11:04
Glencore ferrochrome output to rebound in 2021
Glencore reported a -28% on-year drop in ferrochrome production in 2020 to 1.03 million tonnes due to Covid-19-related mandatory suspensions. The firm is however guiding for a circa 30% on-year output growth in 2021 to 1.4mt, Kallanish notes.
The lower output reflected the South African Covid-19 lockdown and resulting suspension of smelting operations in the second quarter, with a phased restart thereafter. The Lydenburg smelter has been placed on extended care an…
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Anonymous
Very good overview of the weekly steel market.
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