The National Energy Regulator of South Africa (Nersa) has granted South Africa’s ferrochrome majors, Samancor and Glencore-Merafe Chrome Venture, a hefty 35% electricity relief in a desperate measure to save the country’s smelters and thousands of jobs.
South Africa’s ferrochrome industry faces mounting challenges as the Glencore-Merafe Chrome Venture reported a dramatic 63% collapse in ferrochrome output during 2025 compared to the previous year. The joint venture, in which Merafe Resources holds a 20.5% st...
Indian Metals & Ferro Alloys Ltd reported a robust set of numbers for Q3 FY '26, with EBITDA and PAT numbers showing significant improvement due to better ferrochrome pricing.
Ahead of the Spring Festival, downstream enterprises are gradually suspending operations, and market trading sentiment is turning increasingly subdued.
Nickel prices rose for a fourth straight day Wednesday after Indonesia ordered the world’s largest nickel mine to sharply cut output in a move aimed at tightening global supply and lifting prices.