Global insight

Glencore-Merafe settles Q3 Europe benchmark ferrochrome price at 2.5% lower than Q2

Glencore-Merafe Chrome Venture and European stainless steelmakers have settled the term price for July-September ferrochrome sales at 119 cents/lb, down 2.5% from the Q2 price of 122 cents/lb, Merafe Resources said Wednesday. The term price is viewed as a benc...

Thursday, July 31, 2014

Tshipi Mine Breaks into SA's Major League

THERE IS AN astonishing success story in the Kalahari manganese fields, among the world’s biggest and richest, with a relative newcomer poised to vault into the major league in double time. The Tshipi Borwa mine owned by Tshipi é Ntle Manganese Mining produc...

Thursday, July 31, 2014

Merafe Expecting 126% to 142% rise in half-year HEPS

JSE-listed Merafe Resources on Monday said it expected its headline earnings per share (HEPS) for the six months ended June 30 to be between 126% and 142% higher year-on-year.

Tuesday, July 29, 2014

Steel Mills in Japan Started Asking for Ferroalloy Quality Assurances

Some Japanese steelmakers have started asking suppliers of ferroalloys, especially ferrosilicon, to provide chemical analysis certificates upon delivering material, Japanese traders said on Jul 25th.

Monday, July 28, 2014

Callabonna Resources Assays 36% Manganese in Mali

The assay came from a 280 tonne bulk sample from the Ansongo deposit which has been shipped to a smelter in India.

Tuesday, July 29, 2014

Rima: ‘Desperate’ Lawsuit Won’t Stop Mississippi Silicon

The Brazilian company financing the bulk of the Mississippi Silicon plant said a “desperate” lawsuit by a competitor will not derail its efforts.

Monday, July 28, 2014

US Removed Anti-dumping Duty on Russian Ferrosilicon but Set a Final Rate of 22.84% forVenezuela

Russian ferrosilicon producer RFA International has escaped the imposition of US antidumping duties on ferrosilicon after the Department of Commerce awarded the company a zero percent dumping margin in its final determination of alleged dumping of the ferroall...

Monday, July 28, 2014

Higher Output Boosts Autlán's Q2 Profits

Mexican ferromanganese producer Minera Autlán reported net profits of 32.4mn Mexican pesos (US$2.62mn) in the second quarter of 2014, compared to a net loss of 84.1mn pesos in the prior year period.

Tuesday, July 28, 2015
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