August 2013

Charge chrome index: Chinese prices hold in cautious market

Charge chrome import prices held in China for the third week running amid stable offers from South Africa and caution among buyers, as high carbon ferro-chrome prices in Europe edged up.

LEKGOTLA: Commodities exchanges should be part of beneficiation in SA, says Abedian

South Africa should consider beneficiation in a far wider sense than just the processing of minerals into downstream products like jewellery, according to Iraj Abedian, economist and ceo of Pan African Capital Holdings and presidential advisor.

LEKGOTLA: MPRDA amendment could be passed before SA elections

The South African government may pass an amendment to the country’s Minerals and Petroleum Resources Development Act (MPRDA) before the country’s elections next year, opposition party shadow minister of mines, James Lorimer, told Metal Bulletin.

CHARGE CHROME INDEX: Import prices stable as quarterly deals are struck

Charge chrome prices held steady in China on Friday August 23, as mills agreed quarterly volumes with their suppliers.

ENRC, CHEMK edge closer to Serov deal

ENRC and CHEMK Industrial Group are expected to confirm the takeover of the Serov Ferro-alloys Plant by the Russian metallurgical group within weeks, sources close to the deal told Metal Bulletin.

China’s Jiuquan Steel leaves ferro-chrome price unchanged for September

Jiuquan Steel’s purchase price for high carbon ferro-chrome, which includes delivery of the material in September, remains unchanged, in line with market expectations.

IFM increases chrome resource by 64%

London-listed chrome producer International Ferro Metals (IFM) has reported a 64% increase in resource at its Sky Chrome and Lesedi mines in South Africa.

Chinese chrome ore imports surge in July

China’s chrome ore imports nearly doubled month-on-month in July on robust domestic demand and weak production in South Africa following low ferro-chrome prices.

FACTS: China's minor metals and ferro-alloys imports in July

A quick summary of China's minor metals and ferro-alloys imports in July 2013.

China’s ZPSS lifts high carbon ferro-chrome price; ore prices stable

Zhangjiagang Pohang Stainless Steel (ZPSS) has raised its high carbon ferro-chrome purchase price this week above the levels set by major Chinese stainless steel mills for August, according to market participants.