Rohit Ferro-Tech (RFTL) on Monday announced the company has extended the validity of Business Transfer Agreement (BTA) with Balasore Alloys for sale of its Jajpur manufacturing unit, upto Mar. 31, 2016.
The government has hailed the signing of the ferrochrome deal between the Zimbabwe Mining and Smelting Company (Zimasco) and Portnex International of South Africa. Mines and Mining Development Minister Walter Chidhakwa witnessed the two companies signing a $12...
[Ferro-Alloys.com]China increases its stainless steel capacity by about 3.3 million tonnes in 2015, mainly thanks to the new mills like Chengde Group, Guangxi Zhongjin Metal, Taihe Stainless Steel, and etc.
The share price of Glencore soared more than 14% in Johannesburg after the diversified mining and marketing company told investors it would remain comfortably cash positive at materially lower commodity prices, had $14-billion liquidity headroom, beat its capi...
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...
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...
[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...