merafe's sitting at r1.32 and ferrochrome prices have been hammered but they've got a decent cost base comp…by @trpine_patient on $MRF

merafe's sitting at r1.32 and ferrochrome prices have been hammered but they've got a decent cost base compared to other producers. long term the stainless steel demand story hasn't changed, just gotta ride out the commodity cycle. don't even check the sp, come back in 6 months.