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Ferrochrome maker IFM in business rescue, blames outages and labour

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ifmBDLive reports that International Ferro Metals (IFM), a London-listed ferrochrome producer in SA, has gone into business rescue, citing Eskom’s expensive and irregular electricity supply, “militant union activity” and state-ordered safety stoppages of its furnaces for compounding the negative effect of the weak ferrochrome price.  

Source: Latest News