Ferro Alloy Producers in Andhra Pradesh Implement 40% Production Cut
Apr. 30, 2012 12:14PM PST
Industrial MetalsBusiness Line reported that some ferro alloy producers in India have cut ferrochrome production following tariff hikes.
Business Line reported that some ferro alloy producers in India have cut ferrochrome production following tariff hikes.
As quoted in the market news:
The 50 per cent hike in power tariff has increased production cost by Rs 4,000 a tonne for ferro chrome and ferro manganese and Rs 9,000 for ferro silicon.
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