September 2013

Ferro-chrome cost reductions help IFM compete with China – Jordaan

International Ferro Metals’s (IFM) cost-cutting has helped the London-listed ferro-chrome producer compete in the Chinese market, ceo Chris Jordaan said on Monday September 30.

HOTLINE: How long will name of Glencore Xstrata last?

Glencore Xstrata is demonstrably well on its way to absorbing the old Xstrata operations into the prevailing Glencore business model and culture.

MB NON-FERROUS PRICE CHANGES

The following MB non-ferrous free market prices changed on Friday:

CHARGE CHROME INDEX: South Africans nudge prices up with higher offers

Charge chrome import prices rose in China on Friday September 27, on higher offers from South African producers and mixed price indications from domestic consumers.

MILLING ABOUT: ENRC promotes Pastour after Tattersall resigns

ENRC has appointed Dmitry Pastour as marketing director for ferro-alloys and made other changes to that team, following the resignations of Alex Tattersall and Andreas Daskalakis, market sources told Metal Bulletin.

SA's ChromTech plans UG2 ferro-chrome smelter

ChromTech Holdings is planning to build a smelter in South Africa that will produce charge chrome from 100% UG2 chrome ore.

FACTS: China’s ferro-alloys imports in August

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

Weak Chinese ferro-chrome prices pushing traders out of the market

A steep fall in Chinese ferro-chrome prices, on weak demand from the stainless steel sector and firm ore prices, is pushing traders out of the market or forcing them to change their business models, market participants told Metal Bulletin.

Taigang Stainless offers to pay more for October high carbon ferro-chrome purchase

China’s Taigang Stainless Steel started the process for its monthly high carbon ferro-chrome purchase on Sunday September 22.

MB CHROMITE CONF: SA becoming chrome ore exporter as FeCr exports drop

South Africa is on track to become an exporter of chrome ore, rather than ferro-chrome, Gerhard Pariser, alloy metals and steel analyst at Heinz Pariser Alloy Metals & Steel Market Research, told Metal Bulletin.