Tag: Outokumpu’s Ferro Chrome Production Cuts
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Outokumpu to postpone furnace restart for ferro chrome production
Outokumpu has planned to postpone the restart of its furnace for ferro chrome production until the end of Q1CY’23 as high electricity prices continue to have a negative impact on the company’s cost competitiveness compared to competitors, primarily those based outside Europe, company sources said. The capacity of the furnace under shutdown is approximately 30%…