New low carbon FeCr deal reflects Afarak’s speciality grade focus – Lillja

Afarak’s signing of a three-year low carbon ferro-chrome supply deal reflects the company’s strategy to increase focus on specialist grades, marketing director Michael Lillja told Metal Bulletin.

The ferro-alloys producer, which is listed in Helsinki and London, announced on Thursday April 7 that it had signed the deal to supply low carbon ferro-chrome to a major developer and manufacturer of products made from advanced stainless steel and special alloys. The low carbon ferro-chrome is produced at Afarak’s Eschweiler-Weisweiler (EWW) plant in Germany. Afarak decided to focus on speciality ferro-chrome products in 2011, foreseeing a serious downturn in ferro-chrome prices as the lower-cost Chinese ferro-chrome market started to grow. Prices for standard high...

Published

Janie Davies

April 08, 2016

15:20 GMT

London