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Chrome price weakness to drive consolidation of SA .

SOUTH Africa's chrome industry was due for consolidation owing to a decline in the price for the steel-making ingredient, said BusinessLive citing comments made by Tharisa, the Johannesburg-listed chrome and platinum group metal (PGM) company. "We have started to see a change in chrome production," said Tharisa COO, Michelle Taylor. "Small plants have closed down .

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South Africa is an irreplaceable supplier of chrome ore and ferrochrome, which is, in turn, an irreplaceable component of China-dominated stainless steel production, global delegates to last week's well-attended Chromium 2017 conference heard. South Africa, as the dominant global chrome producer, last year delivered half of the world's production of chrome ore.

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