]Merafe Resources posted a sharp increase in interim profit, with higher sales of ferrochrome, the feedstock for stainless steel production.The company said on Aug.12 2014 that revenue was 35% higher at R1.99bn as a result of a 25% increase in ferrochrome sale...

MERAFE Resources’ share price jumped 10% to R1.42 on Tuesday after it declared an interim dividend of 1.12c per share.

The installation of new ferroalloy refining and granulation equipment at Mogale Alloys’ processing plant in South Africa has been delayed, parent company Afarak Group announced on August 12th.

Raw material shortage has forced Tata Steel to shut down one of its ferroalloy plant as the company waits for a renewal of its leases, over which competition is also making claims.

Shaft Sinkers Holdings subsidiary Shaft Sinkers Kazakhstan LLP has now signed a contract valued at about £37m with TNK Kazchrome JSC.

disha Mining Corporation (OMC), a major chrome ore producer in the country, is considering a proposal to enter into long term ore supply pact with Jindal Stainless Ltd (JSL) for its Kalinganagar plant.

It’s reported that South African ferrochrome suppliers are offering 127 cents/lb for buyers in Japan for the third quarter, down by 3 cents/lb from the previous offering.

Glencore-Merafe Chrome Venture and European stainless steelmakers have settled the term price for July-September ferrochrome sales at 119 cents/lb, down 2.5% from the Q2 price of 122 cents/lb, Merafe Resources said Wednesday. The term price is viewed as a benc...