January 2001

Xstrata keeps Rustenburg furnaces offline

Swiss-based resources group Xstrata is not restarting its two Rustenburg ferro-chrome furnaces in South Africa, which have a combined capacity of 130,000 tpy. The furnaces were closed for normal maintenance late last year.

Imatra plans 21m euro update to raise capacity 10%

Finnish engineering steelmaker Imatra Steel plans to invest 21m euros to modernise its continuous casting and heavy bar/billet rolling lines.

KTS studies 750,000 tpy stainless plant in USA

Germany's Krupp Thyssen Stainless (KTS) has nearly completed a feasibility study for a new stainless steel mill in the USA.

US moly prices rise as Chinese stay off market

US molybdenum prices are rising as imports from China slow during New Year celebrations in East Asia.

CoreMarkets and Bolero sign new deal

Ferro-alloys trading platform CoreMarkets has signed an agreement with Bolero.net regarding secure transmission of data and documentation.

Thompson Creek postpones Endako shutdown [UPDATE]

US molybdenum producer Thompson Creek has granted a stay of execution to its Endako mine in British Columbia.

Sandvik believes its Indian mill survived earthquake

Swedish special steel group Sandvik believes its seamless tube mill in India was not damaged by the earthquake on January 26.

CML finds more manganese ore customers

Australia's Consolidated Minerals (CML) said it is negotiating with three new customers for its manganese ore in France, Italy and Taiwan.

Indian government forms group to review Cr industry

The Indian government has appointed an eleven member expert committee to study all aspects of the country's chromite development and the prospects for exports.

Stratcor follows Shieldalloys FeV move

Strategic Minerals Corp (Stratcor) has followed fellow US ferro-vanadium producer Shieldalloy by signalling to the market it is no longer prepared to accept low prices.