October 2013

Samancor Chrome strike ends after union agreement

Workers at Samancor Chrome’s smelting operations in South Africa have started to return to work after striking over pay for more than two weeks, the company announced on Tuesday October 29.

METAL BULLETIN POLL: Experts can't see China as net FeCr exporter

China will not become a net ferro-chrome exporter in the foreseeable future, according to over half of delegates at a recent Metal Bulletin conference.

METAL BULLETIN POLL: South Africa will keep dominating chrome ore exports to China

South Africa will continue to dominate chrome ore exports to China, according to 76% of respondents to a Metal Bulletin poll.

METAL BULLETIN POLL: Ferro-alloys consolidation, producer exits will follow end of Eskom deals

The end of Eskom’s buyback deals will either prompt consolidation for South Africa’s ferro-alloys industry or the exit of some producers from the market, the vast majority of delegates polled at a recent Metal Bulletin conference predicted.

'Comforting' London regulation should not be increased, Glencore says

Regulation for companies listing in London provides “comfort and protection” and the UK should avoid increasing it, Glencore Xstrata told a British parliamentary inquiry into extractive industries.

ENRC calls for 'quarantine period' for new FTSE firms

ENRC has called for a quarantine period for newly listed FTSE companies if London is to retain its attraction for foreign companies seeking listings.

China’s ferro-chrome imports up in September

China’s high carbon ferro-chrome imports were up in September on solid demand and narrowed price gap between import and domestic market prices.

FACTS: China’s ferro-alloys imports in September

A quick summary of China’s ferro-alloys imports in September 2013.

CHARGE CHROME INDEX: Prices flat as Chinese traders hold back

Charge chrome prices held for the third consecutive week as Chinese traders sat out in the belief that recent inflows would undermine prices.

Mechel egm approves guarantee for Tikhvin, Voskhod sale

Mechel has approved the issuing of a guarantee for performance of its seller’s obligations under the agreement to sell its Tikhvin Ferro-alloys Plants and Voskhod Mining Plant to Yildirim Group.