Ferroalloy Electricity Costs How Competitive is SA?

摘要

1. SA Competitiveness Much Improved 1.1 Electricity 1.2 Other SA Inputs 2. Electricity 2.1 Historical Increases Below Inflation 2.2 Falling Currency -Well Beyond PPP 3. Future Electricity Prices 3.1 Rand Price Increases 3.1.1 Could Exceed Inflation for Next 8 Years 3.1.2 Regulator May Not Permit 3.2 Structural Adjustments Will Assist Large Users 3.3 Continually Weakening Rand Beneficial in US$ Terms.