South Africa's FeCr exports tumble 21% MoM in July

South Africa exported 97,656 tonnes of high-carbon ferrochrome (HC FeCr) in July, marking a significant decline of 20.8% month on month and 19.6% year on year, according to the latest data from the South African Revenue Service (SARS).

China remained the top destination, taking 28,337 tonnes in July though this was lower by a huge 27.2% from June, the data show. Japan ranked second with 23,716 tonnes, jumping 31.8% month on month, followed by South Korea with 14,504 tonnes, plunging 29.3%. The United States received 11,415 tonnes,