Ferro-chrome prices as yet unaffected by South African load shedding

Ferro-chrome prices have so far been unaffected by South Africa’s electricity constraints, which have led to load shedding over the past week, chrome market sources told Fastmarkets on Tuesday February 19.

South Africa’s heavily indebted state power utility, Eskom, was forced to implement several rounds of load shedding last week – a process of controlled power outages designed to reduce pressure on the overall system. Load shedding reached stage four, the most severe emergency protocol, early last week. Since implementing stage two on Thursday February 14, Eskom has not announced further load shedding but warned that the power system remains “tight...

Published

Janie Davies

February 19, 2019

13:00 GMT

London