03
Dec
02:16
Hunan's Shunfa halts ferrochrome production
High carbon ferrochrome producer Shunfa Ferroalloy Company in Xinhuang county in Hunan province in China has decided to halt production because of the weak market, Kallanish notes.
The company has two 125,000 kVA rotary kiln electric arc furnaces (RKEF) installed. Because of poor profits, it had only been running one RKEF with a capacity of 24,000 tonnes/year. Because of the downtrend in stainless steel prices, the company has struggled to clear&n…
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Anonymous
Very good overview of the weekly steel market.
Anonymous