Finance & Economy

South African ferrochrome producers divided on new export tax

Some industry stakeholders have suggested that a special electricity tariff would be a “better way” to support the embattled ferrochrome ore industry, rather than government’s recently approved export tax on exported chrome.

Tuesday, March 9, 2021

Merafe loss decreases, electricity risk remains, logistics challenge intensifies

Although the loss suffered by ferrochrome company Merafe Resources decreased in 2020, its electricity risk remains and its logistics challenges are intensifying.

Tuesday, March 9, 2021

China imported 2.395 million tons of steel in February

In the first two months of 2021, China imported 2.395 million tons of steel, an increase of 17.4%, and the average import price was 7134.8 yuan per ton, an increase of 0.9%.

Monday, March 8, 2021

Representative Li Gang suggested: strengthen power demand response to ensure power supply and demand balance

The fourteenth five year plan will start a new journey of building a modern socialist country in an all-round way. Power supply and demand are facing a new situation.

Monday, March 8, 2021

China to 'strengthen management' of strategic mineral resources, eyes green upgrade of steel

China will "strengthen management and control" of its strategic mineral resources, the government said on Friday as it set out a five-year development plan, without providing any details on how it plans to secure key supplies and boost self-sufficiency.

Monday, March 8, 2021

Glencore Ferroalloys launches enterprise and supplier development hub

Glencore Ferroalloys is helping to redress South Africa’s historical socioeconomic inequalities by supporting local small, medium-sized and microenterprises (SMMEs) through the recent launch of its first Enterprise and Supplier Development (ESD) Hub, in Ruste...

Monday, March 8, 2021

Monthly Report of Chromium Market (2.1-2.26): power rationing in Inner Mongolia increases, and chromium market is very strong

Monthly Report of Chromium Market (2.1-2.26): power rationing in Inner Mongolia increases, and chromium market is very strong

Thursday, March 4, 2021

World Steel Association: global crude steel output increased by 4.8% year-on-year in January

According to the latest data of the World Iron and Steel Association, in January, the crude steel output of 64 countries included in the statistics of the world iron and Steel Association was 162.9 million tons, up 4.8% year-on-year.

Thursday, March 4, 2021
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