On June 10, Assmang Limited, South Africa announced that it would stop operation of one furnace out of 4 for high-carbon ferro-manganese at Cato Ridge Plant in Kwazulu -Natal.
Such reason is provided as the price is hovering at a low level in spite of the increase in the production cost like electricity rate, and the Company has made a comment that as the remaining three furnaces continue to operate, there will be no impact to the production at Cato Ridge Plant.
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- [Editor:Sophie]
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