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Chidhakwa Moves To Resume Chrome Exports

MINES and Mining Development Minister, Walter Chidhakwa, who has been under fire for failing to put in place measures to resume chrome ore exports, this week set up a special purpose vehicle (SPV) for small scale miners to use for export of the mineral.

Monday, September 14, 2015

Miners Lost Much and Nickel Ore Price Weakened (Sep 7th-Sep 11th)

[Ferro-Alloys.com] This week, domestic nickel minerals market held steady. Low-grade 0.9-1.1 was mainly quoted at 150-170y/wt, middle-grade 1.5 was mainly quoted at 260-280y/wt, high-grade 1.8 was mainly quoted at 460-480y/wt and 2.0 was mainly quoted at 590-6...

Monday, September 14, 2015

Ferro-Nickel Output Declined Sharply as Its Price Close to Bottom (Sep 7th-Sep 11th)

[Ferro-Alloys.com] This week, home ferrous nickel market tend to be stable and its price wandered around at a low level. Low-grade 1.6-1.8 was mainly quoted at 1800-1850y/t, middle-grade 4-6 and 6-8 both quoted at 760-780y/NI and high-grade 10-15 was mainly qu...

Monday, September 14, 2015

Executive Vice President of ICTC Visited Ferro-Alloys.com

[Ferro-Alloys.com]Mr.Mishra, Executive Vice President of India-China Trade Center visited Ferro-Alloys.com on Sunday and reached

Monday, September 14, 2015

HC FeCr Prices Hard to Reverse amid Negative Market Expectation(Sept 7th-Sept 11th)

[Ferro-Alloys.com]China’s major high-carbon ferrochrome producers lowered their prices as the stainless steel mills cut their tender prices in September. Meanwhile, the imported ferrochrome prices fell accordingly. Without obvious support, China’s high-carbo...

Monday, September 14, 2015

Chrome Ores Prices Declined due to the Continuous Fall of FeCr Prices(Sept 7th-Sept 11th)

[Ferro-Alloys.com]China’s high-carbon ferrochrome prices can hardly reverse due to the weak market and negative expectation in the coming months, which resulted in the decline of chrome ores prices. The concern of the sharp fall of China’s ferrochrome plants...

Monday, September 14, 2015

Emerging Market Suffered Downturn but Nickel Price Slightly Rebound (Sep 7th-Sep 11th)

This week, affected by China Stock Market’s turbulence and surrounding economic climate, LME nickel market showed a long-anticipated rebound. In Sep 8th, LME nickel price advanced by 2.99% to U$9995 and in Sep 10th raised by 3.85% to U$10385. Meanwhile, nicke...

Monday, September 14, 2015

US Tariff Threat as Dispute Drags on

The Obama administration is actively considering the re-imposition of tariffs on a range of South African exports worth billions of rand including cars, ferromanganese, citrus and wine, unless SA moves rapidly to open its market to US chicken, beef and pork.

Monday, September 14, 2015
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