China's top steelmaker, Baosteel (600019.SS), lagged market forecasts with a 97.7 percent drop in first-quarter net profit, as global demand weakened for products from cars to industrial machinery.

]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...

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.

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...

JSE-listed Merafe Resources on Monday said it expected its headline earnings per share (HEPS) for the six months ended June 30 to be between 126% and 142% higher year-on-year.

According to data released by the International Stainless Steel Forum (ISSF), the global stainless steel output amounted to 10.2 million tons in January-March, rising by 6.1% quarter on quarter and increasing by 6.8% year on year.