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
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Ferrochrome
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
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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
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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
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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
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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
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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
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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
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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
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Tata Steel Mining to grow its ferrochrome manufacturing capacity
Tata Steel’s 100% subsidiary Tata Steel Mining, formerly known as TS Alloys , is firming up plans for aggressive growth
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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
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Private energy may buoy South African ferrochrome
South Africa’s Department of Mineral Resources and Energy (DMRE) announced the selection of its preferred bidders for the Risk Mitigation
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Ferrochrome production decreased 11.2% year-on-year
According to Merafe Resources, South African ferrochrome production decreased by 25% year-on-year in 2020. Production was most heavily impacted in
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Electricity remains key risk for ferrochrome smelters
Electricity supply and pricing remain key risks for our business and the broader ferro alloy sectors. The electricity tariff increased
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Glencore Alloys explores cogeneration and clean energy projects
Glencore’s ferrochrome business confirmed that it is exploring cogeneration projects at its South African sites, while also giving an indication
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Merafe Resources reduces its losses by almost 86%
Sandton – Because the JSE listings requirements, issuers are required to publish a trading statement as soon as they are
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Rising demand for ferrochrome as it reaches record levels
High-carbon ferrochrome prices in Europe have reached their highest level since November 2018 after steadily rising since the start of
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Glencore claims its assets performed well in difficult circumstances
BAAR, Switzerland – Glencore, in its Full Year 2020 Production Report, states that its own sourced copper production of 1,258,100
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Merafe Resources’ ferrochrome production decreases by 8%
SANDTON – In its production report for the quarter and year ended 31 December 2020, Merafe Resources says its attributable
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Ferrochrome price announcement for the first quarter of 2021
The European benchmark ferrochrome price for the first quarter of 2021 has been settled at 117.5 US cents per pound,
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Facor becomes preferred supplier of ferrochrome to China
NEW DELHI – Ferro Alloys Corporation Limited (FACOR) and Facor Alloys Limited (FAL), flagship Companies of the FACOR Group, one
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Export tax may have destructive impact on SA chrome industry
An independent chrome ore producer group, made up of both primary and by-product chromium miners in South Africa, Chrome SA,
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All Glencore metals production down except for zinc
Glencore, in its “Third Quarter 2020 Production Report” says that its own sourced copper production of 934,700 tonnes was 81,100
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SA to impose tax on chrome export to stimulate FeCr production
The Minerals Council notes fundamental competitiveness issue for ferroalloy producers, globally competitive electricity pricing, has not been addressed. The Minerals
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Merafe: All FeCr smelters, except for Lydenburg, are operating
In its production report for the nine months ended 30 September 2020, Merafe Resources say its attributable ferrochrome production from
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Ferrochrome, chromite markets expected to rebalance this year
Ferrochrome and chromium ore markets are expected to rebalance in 2020, after closures and cutbacks in production from major producers
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Merafe Resources announces ferrochrome price for Q4-2020
In its ferrochrome price announcement for the fourth quarter of 2020, Merafe Resources has advised that the European benchmark ferrochrome
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Ferrochrome suffers due to production cuts in stainless steel
COVID-19 related government-imposed lockdowns in key global stainless steel producing regions during the first half of the year (H1 2020), resulted in production
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Lydenburg ferrochrome smelter placed on care and maintenance
Merafe Resources have reported a loss after tax for the first half of 2020 due to not only reduced volumes
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Ferrochrome: Merafe reports loss amid pandemic
The COVID-19 pandemic, coupled with an already fragile operating environment, have resulted in a loss after tax for the first
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