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Unit returns to full capacity
September 14, 2009

Hernic Ferrochrome, a unit of the Mitsubishi Corporation, had returned to full capacity output from 60 percent in April following a rise in global demand for ferrochrome, the company said on Friday. Chief executive Tetsu Kotaki said that although the company was benefiting from the rise in demand for ferrochrome, unstable power supplies were affecting some of its growth plans. Producers ramped up output after the European contract price for ferrochrome in June jumped 29 percent to $0.89 (R6.61) a pound for the third quarter. - Reuters
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