Ferrochrome and chrome company Merafe achieved a record profit of R1,753-million despite what it describes as a challenging economic environment in the 12 months to December 31.

Brazilian miner Vale's iron ore production between November and January grew 15% from a year earlier, rising faster than in the October-December quarter, according to a presentation released by the firm on Monday.

In 2023, the nickel market surplus widened to 242,800 metric tons from 103,900 metric tons in 2022, the data showed.

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 148.1 million tonnes (Mt) in January 2024, a 1.6% decrease compared to January 2023.

Japan's ferro silicon imports moved down by 15% y-o-y in CY'23 to 362,945 t as compared to 427,037 t in CY'22.

Japan's manganese alloys import decreased by 20% y-o-y in CY'23 to 295,605 t which was 368,063 t in CY'22.

Japan's manganese alloys import decreased by 20% y-o-y in CY'23 to 295,605 t which was 368,063 t in CY'22.

Japan's manganese alloys import decreased by 20% y-o-y in CY'23 to 295,605 t which was 368,063 t in CY'22.