Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
JSE-listed Merafe Resources “remains excited” about the industry as its mix of energy-efficient technology and the recent addition of Lion II, allows the ferrochrome producer to capitalise on projected growth in ferrochrome demand. CEO Zanele Matlala advised in a conference call on Tuesday that global stainless steel production was expected to grow in excess of 5% in 2015 and 2016, while the demand for ferrochrome could increase between 8% and 5% in 2015 and 2016, respectively.
JSE-listed Merafe Resources “remains excited” about the industry as its mix of energy-efficient technology and the recent addition of Lion II, allows the ferrochrome producer to capitalise on projected growth in ferrochrome demand. CEO Zanele Matlala advised in a conference call on Tuesday that global stainless steel production was expected to grow in excess of 5% in 2015 and 2016, while the demand for ferrochrome could increase between 8% and 5% in 2015 and 2016, respectively.
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