May 2013

Wildcat strikes hit three Glencore Xstrata chrome mines

Workers embarked on wildcat strikes at three South African chrome mines owned by Glencore Xstrata on May 28, after one of the workers alleged a shift supervisor had assaulted him.

Strike ends at chrome mine as Lanxess agrees to bonuses

Workers returned to work at Lanxess's chrome mine in Rustenburg, South Africa, on May 27, ending the illegal strike that started on May 16, the company said.

China’s Baosteel Stainless lifts high-carbon ferro-chrome purchase price for June

After weeks of price cuts, some steelmakers in China have begun lifting their purchase price of high-carbon ferro-chrome amid higher offers from overseas chrome ore producers.

CHARGE CHROME INDEX: Chinese prices firm on thin business

Charge chrome prices held in China on Friday May 24, on a protracted lack of business between Chinese buyers and South African producers.

Zimbabwe’s Chamber of Mines to reject state control of minerals

Zimbabwe’s Chamber of Mines (CoM) is set to reject a proposal by the government to auction mineral deposits and control the production of strategic commodities, Metal Bulletin understands.

Oman’s first ferro-chrome smelter to start trial run in June

Oman's first ferro-chrome smelter, a joint venture between Muscat Overseas Group and India's Indsil Group, is set to start a trial run in June, a company official said on Thursday May 23.

Mechel's sale of Tikhvin and Voskhod delayed

Mechel’s sale of its Tikhvin ferro-alloys Plant and Voskhod Mining Plant has been pushed back beyond May 2013, Metal Bulletin understands.

Workers strike at Rustenburg chrome mine in bonus dispute

Workers embarked on a strike at Lanxess’s Rustenburg chrome mine in South Africa on May 16, in a dispute about bonuses, the company said.

SPOTLIGHT: China’s rising ferro-chrome production capacity

China’s demand for ferro-chrome is rising rapidly, and the country’s production capacity is rising with it.

China’s high-carbon ferro-chrome imports fall in April as steel mills slash prices

China’s ferro-chrome imports fell to their lowest level in nearly seven months in April on price cuts from domestic stainless steel mills, with the downward trend expected to continue as monsoon sets in.