[Ferro-Alloys.com]The South African ferrochrome industry could face a closure of smelters and possibly as much as 200,000 job losses due to higher electricity prices, an industry body said on Tuesday.

According to statistics, Russia exported 54,167 tons of ferro-alloy in April, down by 16.1% in comparison of last month.

World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 139 million tonnes (Mt) in May 2015, a -2.1% decrease compared to May 2014.

Brazil’s Ferbasa said its sales of high carbon ferro-chrome totaled 6,602 tons in May, dropping by 38.8% year on year.

[Ferro-Alloys.com]The extension of Tata Steel's Sukinda chromite mine has hit the wall of delay seemingly over a confusion within the state mines department over the status of the lease.

Western Areas acquired Glencore's Cosmos Nickel Complex, a project that will sit nicely alongside Western Area's existing Forrestania Nickel Operation in Western Australia.

Gulf Manganese Corporation’s (ASX:GMC) planned manganese smelter in Timor remains a highly attractive project with a redrafted study highlighting EBITDA of US$374.7 million over 10 years with an NPV of US$160.6 million.

According to a report released by Germany-based service center Damstahl, Europe’s stainless crude steel output totaled 1.9 million tons in January-March period, down by 7% year on year.