Brazil’s Ferbasa sold 19,743 mt of ferroalloys in June 2018, up from only 11,477 mt in May. Sales were 12,751 mt of ferrochrome (low and high carbon) and 6,992 mt of ferrosilicon. In May 2018, sales were compromised of 6,543 mt of ferrochrome and 4,934 mt of ferrosilicon. There was a significant increase in low-carbon sales in May.
Production was 22,498 mt of all ferroalloys in June vs. 21,134 mt in May and 18,663 mt in June 2017.
In June 2018, Ferbasa’s net revenues were R$122.010-million vs. R$68.363-million in May. Revenues were helped by more sales and by the average effective US dollar exchange rate; R$3.66 in June 2018 vs. R$3.46 in May.