Merafe Resources Limited provided production guidance for the year 2021. The company announced that the recovery of stainless steel production and ferrochrome demand will depend on developments regarding the COVID-19 pandemic. The availability of vaccines and their distribution would be supportive of global economic recovery. Although negative growth of 5.0%^ is expected in global stainless steel production in 2020, production is expected to recover with growth of 12.5%^ projected in 2021.