March 2014

Eskom appoints SA regulator's former chairman as interim ceo

South African power utility Eskom has appointed an acting ceo to take over at the helm when current ceo Brian Dames steps down on March 31.

Chinese Suzhou Kaiyan Chemical serves arbitration notice to Afarak

Ferro-alloys supplier Afarak Group has been served an arbitration notice relating to a €2.66 million claim from Chinese Suzhou Kaiyan Chemical Co, Afarak has announced.

MB NON-FERROUS PRICE CHANGES

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

MANGANESE ORE INDEX: Prices continue to slide as miners compete with port cargoes

Manganese ore prices continued lower on Friday March 28 as aggressive bidding forced suppliers’ offers lower to compete with cheap port material.

HOTLINE: Kalagadi’s Mashile-Nkosi gets ceo of the year award

Daphne Mashile-Nkosi, chairwoman and founder of South Africa’s manganese mining company Kalagadi Resources, has won the ceo of the year award at the Africa CEO Forum, held in Geneva, Switzerland, on March 17-19.

Silico-manganese smelters in China’s Inner Mongolia shut down

Technical problems arising from processing of low-quality ores have led to production stops at large silico-manganese furnaces in China’s Inner Mongolia region, market sources have told Metal Bulletin.

FACTS: China’s ferro-alloys imports in February

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

Weak demand curbs China’s manganese ore imports

China’s manganese ore imports fell in February amid weak demand from smelters and huge inventories at local ports.

China’s manganese ore imports may fall by over 2m tonnes this year, importer says

China’s manganese ore imports are expected to fall this year as a result of weak demand from the steel sector, with ore prices also expected to stay subdued, a major Chinese importer said.

MB NON-FERROUS PRICE CHANGES

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