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The global demand for ferrochrome, which South Africa once provided overwhelmingly to the world to back 200 000 local jobs, ...
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TipRanks on MSNAfarak Group Reports Strong H1 2025 Performance Amid Market Challenges
An update from Afarak Group Plc ( ($GB:AFRK) ) is now available. Afarak Group SE reported an 8% increase in revenue to €77.1 million for the first ...
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Merafe Resources reports R233 million profit decline amid global ferrochrome market downturn
Merafe Resources has reported a significant decline in profits due to challenges in the global ferrochrome market, including ...
MERAFE Resources is nearing an agreement with the South African government on electricity supply tariffs aimed at saving up ...
As a strong chrome enterprise, Merafe's chrome business needs to adapt to potential changes in domestic demand in South Africa while continuing to pay attention to the strong influence of the Chinese ...
Each Ferrochrome Warrant entitles the holder to acquire, for no additional consideration, one (1) ton of Ferrochrome, on a first-come first-served aliquot basis among all warrant holders, if, as ...
Pune, India, April 05, 2023 (GLOBE NEWSWIRE) -- The global ferrochrome market size was assessed at USD 16.10 billion in 2022. The market is projected to grow from USD 16.92 billion in 2023 to USD ...
Its ferrochrome production will continue at about 70% of full capacity but this will not impact stainless steel deliveries or its financial outlook for the July-September period, the company added.
Sabzevar ferrochrome project is to produce high-carbon ferrochrome as much as 25,000 tons per annum for producing which 78,000 tons chromite ore is required. The needed chromite is completely provided ...
The European benchmark ferrochrome price for the fourth quarter of 2016 has been settled at 110 c a pound, 12.2% up on the 98 c a pound price of the third quarter. Johannesburg Stock Exchange ...
Benchmark ferrochrome prices, rose in Europe by 6.8 percent for the third quarter, to a record level of $2.05 per pound, up from $1.92 per pound in the second quarter of 2008. Analysts had hoped ...
South Africa’s ferrochrome industry has taken its first steps towards independent power generation, with plans to generate up to 750 MW of its own electricity (comprising wind, solar and ...
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