Merafe: FeCr remains strained, increasing pressure on margins
Merafe achieved a profit of R720 million for the six months ended 30 June 2024, as a result of higher
Read more
Ferrochrome
Merafe Resources: Production report for quarter and year end
Sandton – Merafe’s attributable ferrochrome production from the Glencore Merafe Chrome Venture in the fourth quarter ended 31 December 2023
Read more
Only Lion Smelter to operate during high electricity demand season
Merafe’s attributable ferrochrome production decreased by 9% from 203kt to 185kt for the six months ended 30 June 2023. The
Read more
Merafe’s attributable ferrochrome production decreases by 9%
Merafe’s attributable ferrochrome production from the Glencore Merafe Chrome Venture for the six months ended 30 June 2023 decreased by
Read more
Merafe Resources announces ferrochrome price for the 3Q/2023
Merafe Resources has announced that the European benchmark ferrochrome price for the third quarter of 2023 has been settled at
Read more
Merafe reports 3 % increase in quarterly ferrochrome production
Sandton – Merafe Resources’ attributable ferrochrome production from the Glencore Merafe Chrome Venture for the quarter ended 31 March 2023
Read more
Merafe increases its ferrochrome production to 384kt in 2022
In its Commentary on results, Merafe Resources say that 2022 has been characterised by a number of uncertainties. The Russia/Ukraine
Read more
Merafe increases 2022 ferrochrome production by 1.3%
Merafe Resources’ attributable ferrochrome production from the Glencore Merafe Chrome Venture decreased by approximately 5.0% for the quarter ended 31
Read more
Ferrochrome price announcement for the first quarter of 2023
Merafe Resources has advised that the European benchmark ferrochrome price for the first quarter of 2023 has been settled at
Read more
Tight ferrochrome supply in October alleviated producer losses
SHANGHAI – The strong consumption of stainless steel extended after the National Day holiday, which prompted a further increase in the
Read more
Ferrochrome price announcement for the fourth quarter of 2022
Merafe Ferrochrome has advised that the European benchmark ferrochrome price for the fourth quarter of 2022 has been settled at
Read more
Ferrochrome production in SA remains flat during H1 2022
Global stainless-steel production decreased by 2.7%1 for the six months ended 30 June 2022 (“H1 2022”) compared to the six
Read more
Higher ferrochrome prices improve Merafe Resources results
Merafe achieved a profit of R925 million for the six months ended 30 June 2022, as a result of higher
Read more
GLENCORE: mixed results for half-year 2022
In Glencore’s Half-Year Production Report 2022, Chief Executive Officer, Gary Nagle wrote: “Overall production was mixed period-over-period (5 commodities up
Read more
Glencore: nickel, coal production higher; copper, ferrochrome down
Glencore, in its First Quarter 2022 Production Report, says its own sourced copper production of 257,800 tonnes was 43,400 tonnes
Read more
Glencore says ferrochrome recovered to pre-pandemic levels
Ferrochrome supply from South Africa, India and Europe recovered to pre-pandemic levels, resulting in global production growth of 15%year-on-year. This
Read more
Glencore’s highlights its metals and minerals marketing activities
Commodity markets generally performed well throughout the year, bolstered by a widespread economic recovery, following the pandemic’s severe economic impacts
Read more
Merafe Resources reports robust demand for ferrochrome in 2021
2021 has been a year of recovery for the Glencore Merafe Pooling and Sharing Venture (“Venture”), both from a financial
Read more
Merafe driven by higher ferrochrome prices and higher volumes sold
Merafe Resources has advised that for the year ended 31 December 2021 (“current reporting period”), the company is expecting to
Read more
Eti Krom to use solar energy for HC ferrochrome production
Yildirim Group, which owns chromium ore and HC ferrochrome assets in four countries (Turkey, Kazakhstan, Sweden and Russia) announced its
Read more
MERAFE: Ferrochrome price increases by 15.4% for last quarter 2021
SANDTON – Merafe Resources has advised that the European benchmark ferrochrome price for the fourth quarter of 2021 has been
Read more
Rustenburg ferrochrome furnace 5 will resume operations in Q3 2021
Merafe Resources says the Lydenburg smelter remains on care and maintenance for the foreseeable future, however Rustenburg furnace 5 will
Read more
Merafe reports 66% increase in ferrochrome production to 199kt
Merafe achieved solid operational and financial results for the first half of 2021. Merafe recorded a profit after tax of
Read more
Alloy consumption in steel may breach the US$100Bn mark soon
Crude and non-stainless alloy steels account for the majority of steel alloy demand, underpinned by the consumption of bulk alloys
Read more
Chrome venture’s ferrochrome production increases by 65.6%
Merafe’s attributable ferrochrome production from the Glencore Merafe Chrome Venture for the six months ended 30 June 2021 increased by
Read more
Chromium market to rebound back above 2019 levels
The COVID-19 pandemic saw varying regional impacts across the chromium supply chain, but the recovery trend has been underpinned by recovering
Read more
MERAFE: Ferrochrome price announcement for Q3 2021
Merafe Resources has advised that the European benchmark ferrochrome price for the third quarter of 2021 has been settled at
Read more
Chromite and ferrochrome closely follow developments in China
The recovery trend across the chromium supply chain has been underpinned by recovering stainless steel output in China over the
Read more
China changes export taxes for ferroalloys
Chinese Ministry of Finance has publicized changes to duties on some steel products that came into effect from 1 May
Read more
Roskill’s outlook for ferroalloys to 2030
Consumption of alloying metals in steel production, grew by an average 3.7%py between 2011 and 2019, to reach a record
Read more