IFM expects ferrochrome demand to strengthen

Ferrochrome-producer International Ferro Metals (IFM) said on Tuesday it expected ferrochrome demand to strengthen over the next quarter, supported by an anticipated rise in stainless steel demand and seasonal production cuts by South African...

Ongoing ferrochrome price rises expected in 2010 – IFM

Increases in the price of ferrochrome are likely to be ongoing throughout 2010, says London-listed South African ferrochrome producer International Ferro Metals (IFM). IFM CEO David Kovarsky expects the upward trend to resume from the beginning...

Chrome output must rise 50% in next decade - ENRC

Chrome production will need to increase by around 50% within the next decade to keep up with Chinese stainless steel demand, Kazakh miner ENRC said. But a strong currency combined with power costs constraints in top ferrochrome producer South...

Long-term nickel price 'turns the corner' – analyst

The price of nickel would continue to rise overcoming decades, even though there would be periods during which the base metals might grapple with price fluctuation within a new “super cycle”, analyst Martin Pyle said at a conference on...

Outokumpu unveils plans to double ferrochrome output in Finland

The board of stainless steel producer Outokumpu has given the go-ahead to a €420-million plan to double its ferrochrome production capacity in Finland, to 530 000 t/y, by 2011. Ferrochrome prices have surged in the last year, buoyed by...

Nickel to trade in $5 000/t-$8 800/t band in 2003 – report

Nickel prices are likely to remain in a range of $5 000 to $8 800 a ton through the end of next year, underpinned by strong stainless steel demand from China in particular, Roskill Information Services said yesterday.