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Ferroglobe Warns of South Africa Plant Closures

Ferroglobe Warns of South Africa Plant Closures

Johannesburg News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 30, 20261m 48s

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Show Notes

South Africas smelting industry faces a crisis as electricity costs skyrocket, threatening Ferroglobes local unit with potential shutdown. A nine percent Eskom hike could lead to production halts and job cuts. Government relief focuses on ferrochrome producers, leaving others in the lurch. Industry leaders call for a broader, commodity-specific support to save jobs and manufacturing.

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