At full throttle, Portnex International is expected to process 240 000 tonnes of raw chrome per annum which translates to 100 000 tonnes of ferrochrome over the same period. THE country’s biggest ferrochrome smelter and miner, Zimbabwe Mining and Smelting Com...
Yildirim Group will suspend 250,000 tonnes of chrome ore production in Turkey from January 2016, because of low prices, the industrial group announced on Thursday December 17.
Unprofitable mines in Kayseri, Hatay, Elazig, Konya and Fethiye will close due to...
[Ferro-Allos.com]Prices of high-carbon ferrochrome producers were lowered to the tender price of Baosteel after the great decline in the price in December 2015. It becomes harder for the ferrochrome traders due to the great decline. Stainless steel mills will...
On December 9, Merafe Resources Limited, South Africa, a joint venture partner for Glencore -Merafe Chrome Venture announced on its home page that the benchmark price of South African charge chrome meant for Europe for shipments from January to March in 2016 w...
Glencore has recently announced its 2016 production forecasts, with the ferrochrome production is about 1.6 million tons, for +/-25,000 tons and the nickel production is about 116,000 tons, for +/-4000 tons.
The business rescue plan recommending the sale of London-listed International Ferro Metal’s (IFM’s) embattled South African subsidiary has been approved by creditors. The business rescue practitioner for the ferrochrome producer would now seek to negotiate a...
Deteriorating business conditions have pushed London-listed International Ferro Metals’ South African subsidiary (IFM SA) into business rescue proceedings.
A fire occurred at Tikhvin Ferro Alloy Plant in Russia owned by a Turkey's major firm, Yildirim Group on November 26. The cause is still unclear, but this group anticipated the operation to be suspended for 6 months and announced it invoked force majeure.