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12 Sep
17:56

Glencore foresees healthy ferrochrome demand, continued nickel shortage

Glencore has maintained its 2018 ferrochrome production guidance of 1.6 million tonnes after increasing output 3% on-year in the second quarter to 409,000 tonnes. First-half-of-2018 production nevertheless declined -2% on-year to 818,000t. Ferrochrome production in China, the world’s largest producer, was impacted by temporary environmental shutdowns in H1. “We expect healthy demand to continue for the rest of the year, resulting in a balanced market…
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