The TEX Report Topics < Ferro Alloys > Home
HOME >> Topics List >> January, 2010 >> 28 (Thu)
Eti Krom / Turkey Declares Force Majeure For Chrome Deliveries
= Inland Transportation To Such Shipping Ports As Iskenderun Has Been Destroyed By Heavy Landsliding
Owing to a heavy landsliding occurred on the 23rd January of 2010 in Turkey, by which the main railway line connecting ferro-chrome plant and chrome ore mines has been totally destroyed and closed, Eti Krom, a major producer of chrome (chrome ore and ferro-chrome) in Turkey, declared on the 26th of January " Force Majeure " for fulfillment of the existing contracts, because it takes a long period to restore the damages.

The existing contracts on chrome exports already concluded by Eti Krom for March shipment are (1) chrome ore : 140,000 tons and (2) high carbon ferro-chrome : 10,000 tons.

Eti Krom said that 80% of its chrome ore and 100% of its ferro-chrome are delivered by railway transportation from Elazig (production base) to such shipping ports as Iskenderun and Mersin. According to an investigation by the State Railway Department, the repairing of the damaged railway will take approximately 90 days. In addition, due to the severe climate in winter season, a period to restore the damages will need a longer time. Therefore, under the present situation, in order to fulfill the existing contracts, a longer time than 90 days is supposed to be necessary.
last modified : Tue 02 Feb, 2010 [10:51]
Copyright (C) 2004 The TEX Report Ltd. All Rights Reserved.