That is according to Mohammad Rahbary, chairman of the board of Canada-based ferro-alloys producer Metalliage, speaking to Metal Bulletin on the sidelines of the 31st International Ferro-Alloys conference in Prague.
Metalliage, he said, has chosen the latter course.
“We’ve ramped up. It was a decision we made over the summer – do we slow down or do we increase…to bring down overheads?” Rahbary said.
“We have invested significantly in quality assurance. We have new crushers and a new washing facility [for example] – these things will allow us to have a competitive advantage when the market does return.”
But there is no way to know exactly when this will be, and in the meantime, producers must look for other ways...