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Weekly Report of Ferrosilicon Market (Jan 8-12, 2024)

During the traditional off-season, the demand has further weakened.

Friday, January 12, 2024

Tharisa reports highest ever quarterly chrome output, increased PGMs production

Tharisa has reported an 8.7% increase in mill throughput at its South African operations to more than 1.4-million tonnes, with improvements in both grade and recovery for platinum group metals (PGMs) and chrome concentrate for the first quarter of the 2024 fin...

Friday, January 12, 2024

BMI lowers outlook for nickel price

Research firm BMI has revised downward its nickel price forecast for this year to $20 000/t from $20 600/t as the market remains in a supply glut.

Friday, January 12, 2024

Ferrosilicon Futures close at 6708 on January 11, up 0.51%

The total trading volume of 2403 contract on the exchange was 116477 lots, with a turnover of about 39.5.7845 million yuan.

Thursday, January 11, 2024

Widgie Nickel increases Gillett nickel resource

Widgie Nickel has updated the mineral resource estimate (MRE) for the Gillett nickel deposit, which is central to the Widgie South project sitting within the Mount Edwards project in Western Australia.

Thursday, January 11, 2024

Sustainable Steel: SteelAsia's Solar Revolution

Highlighting their dedication to eco-friendly practices, SteelAsia reveals that approximately 80% of its energy requirements are sourced from geothermal power.

Thursday, January 11, 2024

ArcelorMittal: World’s Megasteel Hub at Hazira

At the Vibrant Gujarat Global Summit, Lakshmi N Mittal, ArcelorMittal's Chairperson, praised the event's structure rooted in innovation and continuity.

Thursday, January 11, 2024

China's shipbuilders lead global race

Supply chain growth, green shift, tech edge, market expansion are big factors.

Thursday, January 11, 2024
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