January 2013

Baosteel raises high-carbon ferro-chrome price for February

China’s Baosteel Stainless has lifted its high-carbon ferro-chrome purchase price for February delivery, in line with current market conditions.

PRICING NOTICE: UK holidays affecting Metal Bulletin's pricing reports

The UK national holidays listed below will affect Metal Bulletin pricing reports in 2013.

PRICING NOTICE: Proposal to discontinue chrome ore SA friable lumpy basis 35-40%

Metal Bulletin is proposing to discontinue its price for chrome ore SA friable lumpy basis 35-40% from Friday 22 February 2013 as a result of market inactivity.

CHARGE CHROME INDEX: Chinese prices hold on tight supply, uncertain forecast

Charge chrome import prices were stable in China on Friday January 25, as South Africans held back offers and buyers held back saying they were unsure of how prices would perform into March.

Jiuquan Steel lifts high-carbon ferro-chrome price for February

China’s Jiuquan Steel has raised its high-carbon ferro-chrome purchase price for February.

Eskom seeks longer buyback deals – sources

South African state energy group Eskom wants to extend power buyback deals agreed in recent months with ferro-alloys producers in South Africa, Metal Bulletin understands.

IFM reports lower chrome ore, FeCr output; stronger spot FeCr prices

Chrome ore production at International Ferro Metals (IFM) fell 35% year-on-year in the three months to December 31, 2012, as a result of lower recoveries and the termination of a mining contractor agreement.

IFM agrees Eskom buyback deal

International Ferro Metals (IFM) will keep one of its two furnaces offline for two extra months under a power buyback deal with South African state energy group Eskom, the ferro-chrome producer announced on Thursday January 24.

Jiuquan Steel calls for bids for high-carbon ferro-chrome

China’s Jiuquan Steel has called for bids for its high-carbon ferro-chrome tender for February.

China’s high-carbon ferro-chrome imports up 15% in December

China’s ferro-chrome import volumes, up 15% on the month in December, are likely to post a further increase in January amid tight domestic availability, market participants said.