But South African producers struggle to improve contract prices

摘要

Contract negotiations between south African producers and European stainless mills for the first quarter of the year are currently underway and although it is too early to predict the final outcome, it seems that the South Afircan suppliers may be unable to secure the 3 cents/lb rise that they had been hoping for. The argument fro such an increase appear credible, since despite the recent rise in South African output volumes, global ferrochrome supply remains right, Indeed, samancor chrome became the latest south African producer to increase its production levels in recent months when it decided to bring its two remaining furnaces back on line at the end of November and is now operating all fifteen of its furnaces.