July 2003

Second special steels mill opens in Ukraine

Konstantinovka Iron and Steel works in Ukraine has reopened after being idle for two years through bankruptcy.

Richards Bay problems hike costs for ferro-alloy producers

Ferro-alloy producers in South Africa are facing increased costs due to problems with loading equipment at the key port of Richards Bay.

Chelyabinsk Electrometallurgical Combine to buy Kuznetsk

Russia's MDM industrial group is in talks with Chelyabinsk Electrometallurgical Combine (ChEMK) over the sale of the Kuznetsk ferro-alloys plant.

Ferrochrome sales volume dips in BOA format

The U.S. Defense National Stockpile Center (DNSC) sold 6,000 short tons of ferrochrome during June under the basic ordering agreement (BOA) format, a 25-percent decline from May.

Allican still pursuing ferrochrome project

Allican Resources Inc., Thetford Mines, Quebec, is still hammering out plans for a low-carbon ferrochrome project in Quebec despite an apparent breakdown in talks with a potential partner, India's Tata Iron & Steel Co. (Tisco).

Xstrata settles on 9-cent increase for the second half of 2003

Xstrata has settled on a 9-cent increase for its second half ferro-chrome contracts with European stainless steel producers.

Charge chrome cut-backs in South Africa

South Africa's two biggest charge chrome producers will cut back production for the third quarter with a combined production loss of around 100,000 tonnes of charge chrome.

Xstrata setlles on 9-cent increase for second half

South Africa's Xstrata has settled charge-chrome contracts for the third quarter with its biggest European consumers on a second half package basis

Chinese ferro-moly producers push offers to a narrower range in steady market

Rising raw material costs and steady demand have encouraged Chinese ferro-molybdenum producers to make a further push in raising their export pricing as offers this week consolidate in a narrower range.

Boris Bannai may exit as Highlanders' manager

Boris Bannai, president and co-owner of troubled Highlanders Alloys LLC, said he would likely relinquish his role as manager of the New Haven, W.Va., silicomanganese plant once Privat Bank Group steps in to help refinance the idled facility.