Deon Dreyer Quotations

We are seeing a better year ahead in terms of prices ... the forecast for stainless steel in 2006 is better and could boost demand for ferrochrome starting in the second quarter.

We are looking at taking out probably at least four furnaces at the start of March, which is in addition to the two idle ones at the moment.

The market is overstocked and it is not feasible to take prices lower with the current exchange rate, so we have to reduce production to try to bring the market back to balance.