Ferrochrome (Kazakhstan) wants to increase alloy production from 230 th. tons in 1999

/IRBIS, Jan.13, 00/ - REUTERS informs, with the reference to public relations department of the company, that Aktiyubinsk ferroalloy plant Ferrochrome increased the production of ferroalloys in 1999 by producing more than 230 thousand tons of ferroalloys and intends to increase it by another 50 thousand tons in 2000. It equals to 52.6% increase in commodity output in comparable prices to 1998. Last year the company's income reached KZT1.5 bln. There is no comparison with respect to previous year. "In 1999 goal-minded and planned work has been done to acquire new equipment and technology. Implementation of these activities will let increase production of ferroalloys for another 50 thousand tons, and significantly cut the costs", is said in the press-release. Last year assortment of company's products increased. Earlier, the company used to produce only high-carbon ferroalloy, and now it produces medium-, low-carbon ferrochromium and metallic chromium. The first shipment of metallic chromium was sent to the United States late 1999. JSC Ferrochrome, which is in the West of Kazakhstan, is the member of transnational company (TNC) Kazchrome along with Aksu plant of ferroalloys (North of the country) and Donskoi mining-concentration combine (West of the country). Various types of steel are produced by using ferroalloys.