The Odisha government will offer long term ore linkage for iron ore, chrome, bauxite and limestone, mined and produced by the Odisha Mineral Corporation (OMC). The ore linkage will be for investors or companies that sets up end-use plants (greenfield/expansion...

Government has exempted the ban on the export of chrome ores for some firms in a move designed to allow them to raise the necessary capital to complete the construction and expansion of furnace, processing facilities and upgrade key mining technology.

Steel prices are expected to rise again soon.

Taking center stage this year were questions over premiums on and standards for green steel, carbon tariffs at the border, the stability of scrap supply in the US and hydrogen’s promising role in decarbonizing steel production.

Inner Mongolia is by far the biggest in terms of market share in the first four months of 2023, with 36.34%, while Ningxia was second on 12.24%.

With the rapid development of ferro-alloys futures trading, Chinese steelmakers are increasingly using the newly-introduced futures-spot basis pricing pattern to hedge risk, according to Hao Zhu.

“Tsingshan may [bring an] additional 0.4 million tonnes of ferro-chrome capacity into production in the second half of 2023 and it will need less imported ferro-chrome, but more chrome ore,” Zhang said. He said that would lead to “a change in global ferro-c...

China’s ferro-silicon market has displayed weak momentum since the beginning of 2023, with decreasing supplies and demand between January and May 2023.