Production rose by 1.3pc year on year, with an output of 384,000t in 2022 compared with 379,000t in 2021.

Dinson sinks US$500m in new steel plant

India's producer Vedanta Resources plans to complete the building of its new 60,000t/yr ferro-chrome plant.

“Parties are still engaging,” Transnet spokeswoman Ayanda Shezi said in a reply to questions.

Mining sector would be hardest hit by Transnet strike, says economist

Brazilian alloy producer Ferbasa's ferro-chrome and ferro-silicon output continued to lag year on year in the second quarter.

Production guidance for ferro-chrome was stable at 1.47mn-1.53mn t, slightly higher than production in 2021, which was at 1.468mn t.

Prices across Europe's ferro-chrome suite extended their losses on 5 July, as offers for imported alloy put additional downside pressure on the depreciating market.