South Africa cuts power tariff to support ferro chrome industry

Source: BigMint Mar 03, 2026 08:50

New tariff marks further reduction from interim rate proposed in Jan'26. Global trade to improve, with South Africa being major FeCr exporter

South Africa has taken a major step to support its struggling ferro chrome industry by approving a reduced electricity tariff of 62 cents per kilowatt hour (c/kWh). The decision was backed by Electricity and Energy Minister Kgosientsho Ramokgopa, aiming to prevent plant closures and protect thousands of jobs. State power

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