Diversified mining company Glencore has delivered on last year’s commitment to cut debt and structurally increase the strength of its balance sheet – and it has done so in a way that has preserved the group’s long-term earnings capability.

[Ferro-Alloys.com]Located in Qinghai, Tianyi Metallurgy Group started its two furnaces of 12500KVA on November 29, 2016 to produce high-carbon ferrochrome after 9 months of stoppage.

At least two Indian manganese alloy producers have switched to ferrochrome production this month on the back of surging manganese ore prices as well as tightening supplies, market sources said Friday.

[Ferro-Alloys.com]Tsingshan Group raised its tender price for high-carbon ferrochrome sharply in November to rmb9495/mt 50% Cr basis, delivered VAT price by cash

[Ferro-Alloys.com]Baosteel raised its tender price for high-carbon ferrochrome sharply in November to rmb9500/mt 50% Cr basis, delivered VAT price by cash, up rmb2500/mt 50% Cr basis

New generation beneficiation and trading company, Thakadu Resources has bought a 26% stake in fully integrated mine-to-market chrome producer ChromTech Holdings.

Global steel demand will rise by a meagre 0.2 percent this year, according to the World Steel Association (WSA). Next year won't be much better with a forecast of just 0.5 percent growth.

The attributable ferrochrome production of Merafe is on the rise, with the black-controlled JSE-listed company reporting upped output primarily on additional production from the low-energy Project Lion II furnaces of the Glencore Merafe Chrome Venture.