[Ferro-Alloys.com]South Africa government has unveiled a large-scale supporting program for the domestic power suppliers who are in the difficult situation. South Africa National Grid will accept new equity and increase extra debts.
At middle of Sept., Japanese spot price for Indian origin high-carbon Ferro Chrome is at 89-91 cents/lb CIF Japan, up from 87-89 cents/lb last week and rising for second consecutive week due to a decline in spot supply.
The spot prices of India-origin high carbon Ferro Chrome (58-60% Cr) is at 82-84 cents/lb CIF China and South Africa-origin charge chrome (48-52% Cr) at 81-82 cents/lb CIF China , both flat W-o-W as buyers and sellers continued their impasse.