The consolidation of South Africa's chrome industry that has taken place since 2015 translates into better-underpinned ferro-chrome prices overall, Afarak chief operating officer Danko Koncar said at Fastmarkets MB's 34th International Ferro-alloys Conference, held in Lisbon November 11-13.
Ferro-chrome prices hit multi-year lows in 2015, and four South African ferro-chrome plants were taken offline or entered into business rescue between 2015 and 2017. Fastmarkets MB's charge chrome index, cif Shanghai, fell to lows of $0.55...