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11 Jul
17:30

Robust stainless steel fundamentals seen driving chrome demand

Cyrpus-headquartered chrome concentrate producer Tharisa says the fundamentals of the global stainless steel market remain robust with continued growth forecast in 2017, further supporting chrome demand. Tharisa, whose mines and beneficiation plants are located in South Africa, reported a 6.1% quarter-on-quarter growth in chrome production in its third fiscal quarter through June to 333,900 tonnes. Speciality chrome concentrates, sold to the chemical and foundry…
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