South Africa: Nersa Approves Eskom's Tariff Reduction for Ferrochrome Makers

Ferrochrome jobs gain lifeline as Nersa grants power tariff relief to smelters

Jobs across South Africa’s steel value chain have received a temporary lifeline after the National Energy Regulator of South Africa.

Nersa approves tariff cut for struggling ferrochrome

SOUTH Africa’s energy regulator Nersa has granted Eskom permission to reduce electricity charges for Glencore-Merafe and Samancor smelters from 136 SA cents per kilowatt-hour to 87c/kWh throughout 2025, said online publication Moneyweb on Friday. The January 29 decision, applicable only to these two customers, remains contingent on government approval of a funding mechanism to bridge the gap between current negotiated pricing agreements and the …

South Africa: Nersa approves Eskom's tariff reduction for ferrochrome makers

Samancor Chrome and the Glencore-Merafe joint venture started processes late last year to shut down their smelters and lay off workers

Nersa approves Eskom's tariff reduction for ferrochrome makers

The National Energy Regulator of South Africa (Nersa) approved an application by Eskom to reduce electricity tariffs by 35% for two distressed ferrochrome operations battling high power costs. Read more...