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Axiom Mining to Issue Bonus Option

[Ferro-Alloys.com]Axiom Mining has outlined its intention to make a loyalty bonus option issue to shareholders.

Monday, February 15, 2016

Steel Industry Needs Market Exit Mechanism to Cut Overcapacity

[Ferro-Alloys.com]A market exit mechanism must be put in place as the steel industry strives to cut excess capacity, China Iron and Steel Association said on Friday.

Monday, February 15, 2016

Manganese Needs Disciplined Supply Approach – South32

[Ferro-Alloys.com]Mining is good for the world if done sustainably, South32 CEO Graham Kerr said on Monday. Speaking at the Investing in African Mining Indaba, Kerr said the current challenge was around excess supply,

Sunday, February 14, 2016

Samancor Warns of Job Cuts

The low chrome ore price has forced Samancor Chrome to consider job cuts, which could affect as many as 280 employees, Solidarity said on Friday. “Despite the implementation of several measures at all our business units, the decrease of the ferrochrome market...

Sunday, February 14, 2016

IMFA Q3 FY16 Revenue up 13%, Production up 7%

Indian Metals & Ferro Alloys Ltd (IMFA), India’s leading fully integrated producer of value added ferro chrome, today announced Q3 & 9M FY16 results for the period ended December 31st, 2015.

Sunday, February 14, 2016

IMFA Q3 Posts Profit

Indian Metals and Ferro alloys Limited (IMFA) has announced Q3 FY16 results, stating a 13 per cent increase in revenue and seven per cent rise in production for the period ending December 31, 2015.

Sunday, February 14, 2016

Lack of Raw Materials Pushes VISA Steel into SDR Corner

VISA Steel announced last September that the Joint Lenders Forum had decided to invoke strategic debt restructuring (SDR) norms in accordance with the Reserve Bank of India circular dated June 8, 2015, after an earlier restructuring exercise failed to deliver ...

Sunday, February 14, 2016

Zimbabwe: Zimasco Still Pursues Judicial Management

Zimbabwe's largest ferrochrome producer Zimasco is still pursuing judicial management amid reports that some of the creditors had started attaching the company assets in a bid to recover debts.

Sunday, February 14, 2016
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