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Tharisa reports that chrome prices, though strong earlier in its third quarter to June 30, 2026, have since been muted as softer stainless steel demand and cautious mill procurement limit pricing, compounded by the Middle East conflict in a region accounting for about 15% of stainless steel consumption. CEO Phoevos Pouroulis says the medium-term chrome outlook remains constructive despite the pull-back, with the company on track to meet full-year PGM and chrome production guidance.
Fasteners sector flags stainless steel supply pressuresFastenright says fluctuating raw material prices and unpredictable lead times are pushing South African industries toward custom-manufactured stainless steel fasteners suited to harsh local conditions, from Atlantic coastal corrosion to Northern Cape solar installations, rather than standard imported solutions.
South Africa eyes stainless steel beneficiationMintek's Dr Lawrence Bbosa has told the Mining Symposium 2026 that South Africa's Critical Minerals and Metals Strategy highlights stainless steel as a downstream beneficiation opportunity, with the Southern African Stainless Steel Development Association warning of a sector crisis amid more than 20 000 t of finished stainless steel imports yearly.
Stainless Steel Updates
JSE- and LSE-listed mining, metals and innovation company Tharisa remains on track to meet its full-year production guidance, while development of its Tharisa underground project, in South Africa,...
As the global industrial landscape progresses in 2026, it is apparent that a period of “profound transformation” is under way, as the rise in electric vehicle manufacturing and an urgent push for...
TSX-V-listed Canada Nickel Company has announced a strategic commercial partnership with RWE Supply & Trading - a global energy and carbon trading firm - to support the commercialisation of...
India's State-owned Steel Authority of India (SAIL) and NMDC are exploring acquisitions of coking coal assets in Russia as New Delhi seeks to secure supplies of critical raw materials, Indian...
South Africa’s Critical Minerals and Metals Strategy must become a practical roadmap for beneficiation, industrialisation and regional development, State-owned mineral research organisation Mintek...
Iron-ore prices slid on Thursday to record their biggest daily losses in nearly two months, weighed down by rising concerns about demand in top consumer China as steel margins shrink and steel...
The world stainless association (worldstainless) has elected new office bearers during the thirtieth annual conference and meeting held in Johannesburg, Gauteng, with Acerinox Group CEO Bernardo...
South Africa’s Critical Minerals and Metals Strategy must become a practical roadmap for beneficiation, industrialisation and regional development, State-owned mineral research organisation Mintek...
Research firm BMI – a Fitch Solutions Company – is revising its 2026 nickel price forecast to $16 600/t from $15 800/t previously, following an earlier upward out-of-cycle revision this year,...
A subsidiary of Luxembourg-based Eurasian Resources Group (ERG), Transnational Company Kazchrome Joint Stock Company (Kazchrome), has been awarded an international Environmental Product Declaration...
Following a decline in manufacturing capacity and competitiveness across virtually all sectors of the South African economy, the metals and engineering sector is facing a crisis of “historic...
Central to the sustainability and competitiveness of South Africa’s stainless steel value chain, scrap recovery helps to reduce production costs, lower carbon emissions and ensure that the industry...
Following a comprehensive upgrade by metallurgical engineering company Primetals Technologies, stainless, electrical and specialty steel supplier Aperam’s stainless steel melt shop in Genk,...
Iron-ore futures traded at month-high prices on Monday, with Dalian iron ore rallying for the sixth consecutive session on the back of surging energy prices and freight costs amid the Iran war....
Creamer Media’s ‘Steel 2025/6: Policies, Tariffs, and Survival’ report finds a steel sector under pressure globally and in South Africa, with the report’s main themes being market balance, trade...
Iron-ore futures drifted lower on Friday as high prices and slim margins deterred buying in the biggest consumer China, with the Dalian iron-ore contract reporting a weekly decline for the first...
Iron-ore futures rallied on Wednesday to their highest in multiple months, boosted by hopes of improving demand in top consumer China following Beijing's pledge of easing monetary policy this year....
Home to the second largest chrome ore reserves in the world, Zimbabwe is a key player in the global chromium market.To address current challenges, Zimbabwe has adopted a distinct strategy from its...
Iron-ore futures edged higher on Monday, beginning the New Year on a firm note, supported by strong Chinese demand and ongoing supply constraints. The Dalian Commodity Exchange (DCE) and the...
Chrome and platinum group metals (PGM) miner Tharisa has reported a 5% year-on-year increase in its operating profit to $125-million for the financial year ended September 30, despite lower PGM and...
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