Corporate vultures are circling around Zimbabwe Mining and Smelting Company (Pvt) Ltd (Zimasco) with a view to effect a hostile take-over of the integrated ferrochrome company in the country, businessdigest can reveal.

AS SOUTH Africa regained its top spot as the world’s biggest ferrochrome producer, Merafe Resources, the junior partner in the Glencore-Merafe Chrome Venture, said the venture was well placed to take advantage of improved demand and reduced output in the coun...

India's leading producer of value added ferro chrome Indian Metals & Ferro Alloys Ltd (IMFA) has scaled up output buoyed by a rebound in demand for ferro chrome.

Listed ferrochrome producer Merafe Resources expected its basic and headline earnings a share for the six months to June to be between 48 percent and 60 percent lower than in the previous corresponding period, it said yesterday.

MERAFE Resources’ share price fell 8.42% to 87c on Tuesday morning after the ferrochrome producer warned shareholders its interim earnings were expected to halve.

Durban - A bidding war between two companies to buy out the “hopelessly insolvent” Richard’s Bay-based Tata Steel KZN has been put to bed with a ruling by a Durban High Court judge sanctioning its sale to an international metals merchant with mining interes...

[Ferro-Alloys.com]Plagued by financial stress and concerns of cheaper imports from China and Malaysia, the domestic ferrochrome companies have sought Odisha Chief Minister Naveen Patnaik's intervention to restore the 30 per cent export duty on chrome ore and c...

Government's decision to scrap export duty on chrome will adversely impact India's largest stainless steel maker, Jindal Stainless, which said the move will lead to a Rs 300-crore annual revenue loss.