06
Mar
16:45
Merafe foresees stainless growth providing strong ferrochrome demand
South African ferrochrome producer Merafe Resources expects global stainless steel production to grow 4.1% on-year in 2018, followed by 3% annually from 2019-2021.
The growth will be driven by additional Indonesian capacity being brought on line and demand remaining robust. “This will in turn bolster demand for ferrochrome, particularly from non-Chinese sources,” Merafe says in a note seen by Kallanish. “The Venture remains well-positioned…
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Anonymous
Very good overview of the weekly steel market.
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