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South African ferrochrome producers divided on new export tax
Some industry stakeholders have suggested that a special electricity tariff would be a “better way” to support the embattled ferrochrome ore industry, rather than government’s recently approved export tax on exported chrome. |
All 7 450m3 blast furnaces in Tangshan City are eliminated
All 7 450m3 blast furnaces in Tangshan City are eliminated |
TISCO and Dongfang Electric signed a strategic cooperation agreement
TISCO and Dongfang Electric signed a strategic cooperation agreement |
The two major iron and steel enterprises in northern Guangdong are linked
The two major iron and steel enterprises in northern Guangdong are linked |
The contradiction between supply and demand in the steel market will be further eased
The contradiction between supply and demand in the steel market will be further eased |
Merafe loss decreases, electricity risk remains, logistics challenge intensifies
Although the loss suffered by ferrochrome company Merafe Resources decreased in 2020, its electricity risk remains and its logistics challenges are intensifying. |
Higher costs, demand to support China’s FeMo prices
Chinese ferro-molybdenum prices are expected to hold firm in the near term in view of higher concentrate feedstock costs and strong demand from steelmakers, according to market participants. |
Australian iron ore exploration boom continues
Australian iron ore exploration spending rose to A$395.5mn in 2020 from A$349.6mn in 2019 and A$300.9mn in 2018. |
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