GLENCORE Merafe Joint Venture said on Friday it would keep its ferrochrome operations in South Africa open for another month, until the end of March, in order to finalise terms for a lower electricity tariff that would ensure its production was sustainable.

GLENCORE Merafe Joint Venture said on Friday it would keep its ferrochrome operations in South Africa open for another month, until the end of March, in order to finalise terms for a lower electricity tariff that would ensure its production was sustainable.

GLENCORE CEO Gary Nagle said he was confident Eskom will grant the group a 54% electricity tariff reduction before the end of February, a development that would enable the group to restart ferrochrome production.

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The International Chromium Development Association is pleased to announce that it will host its landmark conference, Chromium,in Seville, Spain on 4-6 November 2025.

The American Iron and Steel Institute (AISI) reported that for the month of January 2025, U.S. steel mills shipped 7,435,458 net tons.

In the week ending on March 1, 2025, domestic raw steel production was 1,641,000 net tons while the capability utilization rate was 73.7 percent.

The economic and geopolitical conditions that have affected the European steel market over the past two years show no signs of improvement and have further deepened their negative impact on the sector in 2024.