Tata says steel sales disruption from court-enforced Odisha iron ore halt 'minimal'

ndia's Tata Steel Group said Wednesday the suspension of iron ore mining operations in Odisha for two weeks during the April-June quarter due to an interim order by the Supreme Court of India caused "minimal" disruption to steel sales from Jamshedpur steel wor...

Friday, August 15, 2014

Merafe FeCr sales and Profit Increased in H1,2014

]Merafe Resources posted a sharp increase in interim profit, with higher sales of ferrochrome, the feedstock for stainless steel production.The company said on Aug.12 2014 that revenue was 35% higher at R1.99bn as a result of a 25% increase in ferrochrome sale...

Friday, August 15, 2014

Merafe to Cut Debt and Pay Dividends

MERAFE Resources’ share price jumped 10% to R1.42 on Tuesday after it declared an interim dividend of 1.12c per share.

Thursday, August 14, 2014

Mogale speciality Alloys Production Delayed to Q4

The installation of new ferroalloy refining and granulation equipment at Mogale Alloys’ processing plant in South Africa has been delayed, parent company Afarak Group announced on August 12th.

Wednesday, August 13, 2014

Tata Steel Shuts down Ferroalloy Plant due to Shortage of Raw Material

Raw material shortage has forced Tata Steel to shut down one of its ferroalloy plant as the company waits for a renewal of its leases, over which competition is also making claims.

Monday, August 11, 2014

Shaft Sinkers wins £37m contract with Kazchrome

Shaft Sinkers Holdings subsidiary Shaft Sinkers Kazakhstan LLP has now signed a contract valued at about £37m with TNK Kazchrome JSC.

Thursday, August 7, 2014

OMC plans long term chrome ore supply pact with JSL

disha Mining Corporation (OMC), a major chrome ore producer in the country, is considering a proposal to enter into long term ore supply pact with Jindal Stainless Ltd (JSL) for its Kalinganagar plant.

Tuesday, August 5, 2014

South African Merafe Resources settles ferrochrome prices with Japan

It’s reported that South African ferrochrome suppliers are offering 127 cents/lb for buyers in Japan for the third quarter, down by 3 cents/lb from the previous offering.

Monday, August 4, 2014
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