ReferIndia News Eskom's Power Price Cut: A Lifeline for South Africa's Ferrochrome Firms

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Eskom's Power Price Cut: A Lifeline for South Africa's Ferrochrome Firms

Published on: Feb. 27, 2026, 7:28 p.m. | Source: Devdiscourse

Eskom, South Africa's power utility, slashes electricity prices by 29% for two ferrochrome companies to prevent massive job losses. The firms will now pay 62 cents per kilowatt-hour. Soaring electricity costs have crippled the nation's smelting sector, leading to potential broader tariff relief considerations.

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