Ferrochrome production edging back up marginally, Merafe’s latest report shows

The report on Monday by Johannesburg Stock Exchange- and A2X-listed Merafe Resources shows ferrochrome production to be edging back up maginally. Ferrochrome is a key ingredient of stainless steel and China, which has been introducing new cost-efficient capacity, continues to dominate global stainless-steel production, accounting for more than 63%.