IFMSA seeks protection,suspends production

摘要

South African ferrochromeproducer International Ferro Metals SAshut down its furnaces and mining operationswith the aim of significantly reducingexpenses, after filing for business protection,it said Thursday.The company was producing 200,000mt/year of charge chrome and 200,000mt of chrome ore. At the end of June, ithad 7,582 mt of ferrochrome inventories.