Indian Metals & Ferro Alloys Limited: Ratings reaffirmed; outlook revised to Stable.

China’s share of Ferrochrome imports used to be much greater, but Chinese local Ferrochrome production has continued to grow whilst South African production continues to fall because of rapid increases in the price and unreliable nature of electricity supply...

The benchmark price of ferrochrome in Europe in the first quarter of 2021 was set at US $1.175/pound, up 3.1% from the fourth quarter of this year.

The South African Rand was flat in early trading on Wednesday, breathing after rebounding from a weaker dollar the previous day.

Indian ferrochrome prices leapt again this week by INR 2,000/t owing to a severe supply crunch.

Xinganglian Metallurgy Co., Ltd increased its high-carbon ferrochrome price

South Africa’s main mining industry body on Friday criticised the government’s proposal of a chrome ore export tax to boost domestic ferrochrome producers

The benchmark price of ferrochrome in Europe in the first quarter of 2021 will be set at $1.175 per pound, up 3.1% compared with the fourth quarter this year.