South Africa ferrochrome exports surge 42% MoM in September

South Africa's exports of high-carbon ferrochrome totaled 165,927 tonnes in September, representing a sharp increase of 42% month on month and 89.5% year on year, according to the latest data from the South African Revenue Service (SARS).

The monthly gain was driven mainly by a sharp recovery in shipments to China, the data show. Exports to China reached 69,787 tonnes in September, surging 240% from 20,505 tonnes in August, as Chinese ferrochrome smelters resumed purchases after destocking through the summer months. Shipments to major traditional markets were