Eskom has requested the energy regulator to approve an interim tariff of 87c/kWh in favour of Samancor Chrome and the Glencore-Merafe Chrome Venture as a temporary measure to sustain smelter operations while talks continue in relation to a longer-term solution...
The National Energy Regulator of South Africa (Nersa) has granted South Africa’s ferrochrome majors, Samancor and Glencore-Merafe Chrome Venture, a hefty 35% electricity relief in a desperate measure to save the country’s smelters and thousands of jobs.
South Africa’s ferrochrome industry faces mounting challenges as the Glencore-Merafe Chrome Venture reported a dramatic 63% collapse in ferrochrome output during 2025 compared to the previous year. The joint venture, in which Merafe Resources holds a 20.5% st...
Indian Metals & Ferro Alloys Ltd reported a robust set of numbers for Q3 FY '26, with EBITDA and PAT numbers showing significant improvement due to better ferrochrome pricing.
Ahead of the Spring Festival, downstream enterprises are gradually suspending operations, and market trading sentiment is turning increasingly subdued.