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Merafe Resources’ ferrochrome production decreases in Q4 y-o-y

Time:Fri, 20 Jan 2023 10:30:28 +0800

keywords : Merafe Resources’ ferrochrome production

Merafe Resources, a ferrochrome producer based in South Africa, reported that its ferrochrome production totaled 97,000 tons in the fourth quarter of the 2022 financial year, dropping by 5% compared to the year-ago level. The total output in the 2021 financial year reached 384,000 tons, up by 1.32% year on year.

Merafe Resources said that the production levels were reached although South African state-owned power utility Eskom’s load curtailments affected its operations.
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