Glencore merafe: Transnet utilization reduced to 40%, ferrochrome export in trouble
Merafe and Glencore's ferrochrome export business in South Africa has encountered major problems - the utilization rate of the railway and port facilities managed by Transnet, the South African state-owned transport company, is sometimes as low as 40%. |
Eskom mulls alternatives to R300bn emissions-compliance spend
Coal-heavy electricity utility Eskom has reiterated its commitment to complying with South Africa’s tightening minimum emission standards, but CEO Andre de Ruyterhas also indicated that it is considering capital-light alternatives, as well as noncoal repoweri... |
No.1 desulfurization tower outlet flue of Zhongjin desulfurization and denitration project of Liuzhou Iron and Steel Co., Ltd
Recently, with the smooth lifting of the special-shaped section of the 1#desulfurization tower + 60m outlet FRP flue in place, it marks the completion of the 1# desulfurization tower outlet flue. |
Merafe: demand for ferrochrome will recover in 2021
Coronavirus pandemic is expected to boost the demand for ferrochrome in 2021, mineral company Merafe said. |
New report highlights decade of falling electricity production in South Africa
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A new Council for Scientific and Industrial Research (CSIR) report offers a sobering picture of declining electricity system production and demand between 2010 and 2020 – a trend that was amplified further during Covid-hit 2020, when demand slumped by a sharp... |
Port shipping line is strong, import and export are strong!
The port shipping sector was stronger on the 9th, affected by a series of positive factors, Xinhua reported. As of the close of the day, tonghuashun port shipping plate rose 2.12%. |
Qingshan Group built another 1-million-ton ferrochrome project abroad except for Indonesia
Qingshan Group signed a $1 billion (S $1347 million) framework agreement with Zimbabwe in June 2018 to build a steel plant with an annual capacity of 2 million tons, Reuters reported. |
It is estimated that the global seaborne trade volume in 2021 will exceed that in 2019
Recently, Clarkson research services said that although major uncertainties still exist, it is expected that the global seaborne trade volume in 2021 will return to and exceed the level of 2019. |
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