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27 Nov
14:47

Glencore increases ferrochrome output, observes strong stainless output

Glencore posted a 21% on-year increase in third-quarter ferrochrome production to 327,000 tonnes, while nine-month-through-September output inched up 3% on-year to 1.15 million tonnes. The miner still anticipates producing 1.6mt of ferrochrome in full-year 2018, unchanged from its previous guidance (see Kallanish passim). Glencore’s Australian coking coal output rose 11% in Q3 to 2mt. Nine-month production rose 20% to 5.4mt, as last year’s industr…
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