IMFA Incurs Rs 3.74 Cr Loss in Q3 due to Mines Closure

[Ferro-Alloys.com]Ferrochrome producer Indian Metals and Ferro Alloys Ltd (IMFA) has made a loss of Rs 3.74 crore in October-December period, against Rs 11 crore profit made in the previous comparable period due to its chromite mines closure.

Wednesday, February 4, 2015

Baosteel Released its New Tender Price for MC FeCr

[Ferro-Alloys.com]Baosteel released its February tender price for micro-carbon ferrochrome at RMB9,820/50MT, which equals RMB11,784/60MT.

Wednesday, February 4, 2015

Yingjing Yuchuan Ferroalloys to Resume its Production in March

[Ferro-Alloys.com]Yingjing Yuchuan Ferroalloys Limited is located in Yingjing County, Sichuan province, focusing on the production of silicon chromium and low-carbon ferrochrome. The company owns one submerged arc furnace of 16500KVA and

Wednesday, February 4, 2015

Merafe has Achieved 84% of Operating Capacity Utilisation

[Ferro-Alloys.com]MERAFE Resources’ full-year ferrochrome production volumes for 2014 were 5 percent higher than the previous year.

Tuesday, February 3, 2015

Review of Huatie Metal Limited in 2014

[Ferro-Alloys.com]The output value of Qinghai Huatie Metal Limited in 2014 totaled 736.462 million yuan, with an year-on-year increase of 1.45%. Meanwhile, the company still faced the inventory problem and capital pressure.

Tuesday, February 3, 2015

IFM Posts Marginal Production Lift in Q2 Despite Stoppage

International Ferro Metals (IFM) lifted ferrochrome production by a modest 3% to 49 800 t for the quarter ended December 31, despite the issuance of a Section 54 notice in November following a health and safety incident that led to two employees being exposed ...

Friday, January 30, 2015

Fresh Norm on Forest Clearance Saves Closure of Key Mines

A recent modification in the guidelines of Union Ministry of Environment, Forest and Climate Change (MoEF) about obtaining clearance for entire forest area in a mining lease has saved closure of key iron ore and chromite mines of Odisha Mining Corporation (OMC...

Friday, January 30, 2015

Tata Steel to Start Operations at Chromite Mines soon

Tata Steel will soon start operation of its Sukinda chromite mine in Jajpur district following the third renewal of the mining lease by the state government recently.

Thursday, January 29, 2015
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