{"id":71055,"date":"2026-07-07T18:17:35","date_gmt":"2026-07-07T12:17:35","guid":{"rendered":"https:\/\/biztrend24.com\/?p=71055"},"modified":"2026-07-07T18:17:35","modified_gmt":"2026-07-07T12:17:35","slug":"south-africas-ferro-chrome-exports-rebound-in-may","status":"publish","type":"post","link":"https:\/\/biztrend24.com\/?p=71055&lang=en","title":{"rendered":"South Africa&#8217;s ferro chrome exports rebound in May"},"content":{"rendered":"<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Q3 benchmark prices decline on lower power costs<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Demand from Chinese stainless steel mills support export flows<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>Mysteel Global:\u00a0South Africa&#8217;s high-carbon ferro chrome exports recovered moderately m-o-m in May on a monthly basis. However, the year-on-year decline remained steep and the cumulative performance for the January-May period pointed to a deeper structural correction, Mysteel Global observes.The country&#8217;s high-carbon ferro chrome exports totalled 123,291 tonnes in May, up 5.7% from April and marking the second consecutive on-month increase, according to the latest data from the South African Revenue Service (SARS). But the volume still represented a sharp contraction of 29% from a year earlier, weighed down by a high base for comparison in May last year, Mysteel Global notes.<\/p>\n<p>Ferro chrome shipments to China proved more resilient, reaching 41,234 tonnes in May, up 6.4% on-month and edging 1.3% higher on-year, the SARS data show. This underscores the relative strength of demand for the feedstock from Chinese stainless steel mills.<\/p>\n<p>For the January-May period however, total ferro chrome exports from South Africa plummeted 49.1% year-on-year to roughly 540,088 tonnes, while shipments to China tumbled 46.7% to 197,205 tonnes over the same period, according to SARS figures.<\/p>\n<p>On the pricing front, Japanese steelmaker Nippon Steel agreed with several South African ferro chrome producers on July 2 to lower the July-September loading price by around 3% from the previous quarter, marking the first quarterly price cut in six quarters since last year&#8217;s January-March quarter, according to market sources.<\/p>\n<p>The new price was set at $1.64\/lb (high-carbon ferro chrome, net content, delivered), down by $0.05\/lb from the April-June shipment level. This was the same decline as the European benchmark ($1.56\/lb) announced on June 30, they said.<\/p>\n<p>The price revision came against the backdrop of recent progress in South Africa&#8217;s electricity tariff negotiations, after state-owned utility Eskom reached a negotiated pricing agreement with the country&#8217;s largest Ferro Chrome smelter, Glencore Merafe Chrome Venture. This gave effect to the previously approved Rand 0.62\/kWh ($0.038\/kWh) preferential tariff scheme for the domestic ferro chrome industry.<\/p>\n<p>The tariff relief has provided local smelters with some room to ease production costs, which in turn has fed through to the quarterly pricing negotiations with buyers, Mysteel Global understands.<\/p>\n<p>Market participants noted that supply-demand fundamentals for ferro chrome in both the European and Asian stainless steel markets have shown no major changes since April, suggesting that the tariff development rather than demand weakness was a key catalyst for the price adjustment.<\/p>\n<p><em>Note: This article has been published in accordance with a content exchange agreement between Mysteel Global and BigMint.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Q3 benchmark prices decline on lower power costs Demand from Chinese stainless steel mills support&#8230;<\/p>\n","protected":false},"author":1,"featured_media":71056,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[313],"tags":[],"class_list":["post-71055","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"jetpack_publicize_connections":[],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T181718.639.jpg?fit=1280%2C720&ssl=1?v=1783426648",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T181718.639.jpg?resize=150%2C150&ssl=1?v=1783426648",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T181718.639.jpg?fit=300%2C169&ssl=1?v=1783426648",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T181718.639.jpg?fit=640%2C360&ssl=1?v=1783426648",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T181718.639.jpg?fit=640%2C360&ssl=1?v=1783426648",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T181718.639.jpg?fit=1280%2C720&ssl=1?v=1783426648",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T181718.639.jpg?fit=1280%2C720&ssl=1?v=1783426648",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T181718.639.jpg?resize=1115%2C715&ssl=1?v=1783426648",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T181718.639.jpg?resize=800%2C500&ssl=1?v=1783426648",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T181718.639.jpg?fit=1024%2C576&ssl=1?v=1783426648",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T181718.639.jpg?resize=540%2C340&ssl=1?v=1783426648",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T181718.639.jpg?resize=400%2C250&ssl=1?v=1783426648",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"<a href=\"https:\/\/biztrend24.com\/?cat=313&#038;lang=en\" rel=\"category\">Iron &amp; Steel<\/a>","tag_info":"Iron &amp; Steel","comment_count":0,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T181718.639.jpg?fit=1280%2C720&ssl=1?v=1783426648","jetpack-related-posts":[{"id":66497,"url":"https:\/\/biztrend24.com\/?p=66497&lang=en","url_meta":{"origin":71055,"position":0},"title":"Global ferro chrome trade contracts in CY&#8217;25 amid South African supply disruptions, weak demand","author":"Biz Trend 24","date":"May 20, 2026","format":false,"excerpt":"South Africa's exports halve as high power tariffs force smelter shutdowns Global stainless steel output rises 2% y-o-y in CY'25 against 7% in CY'24 China's benchmark prices fall 8% y-o-y, pressuring exporters margins Morning Brief:\u00a0Global ferro chrome trade volumes contracted sharply by 26% y-o-y to 5.38 million tonnes (mnt) in\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-3-6.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-3-6.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-3-6.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-3-6.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-3-6.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":58939,"url":"https:\/\/biztrend24.com\/?p=58939&lang=en","url_meta":{"origin":71055,"position":1},"title":"How will global trade uncertainties, price volatility affect Indian ferro chrome industry in CY&#8217;26?","author":"Biz Trend 24","date":"March 1, 2026","format":false,"excerpt":"Tight margins, shrinking exports impact ferro chrome production in CY'25 CBAM threatens sustained access to the high-profit EU market With S. African supplies coming back online, prices may come under pressure Morning Brief:\u00a0Indias ferro chrome production dropped to 1.39 million tonnes (mnt) in CY'25. However, the growth outlook is based\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-01T121532.035.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-01T121532.035.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-01T121532.035.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-01T121532.035.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-01T121532.035.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":52188,"url":"https:\/\/biztrend24.com\/?p=52188&lang=en","url_meta":{"origin":71055,"position":2},"title":"China: Steel indirect exports to grow 4-5% y-o-y in 2026","author":"Biz Trend 24","date":"December 29, 2025","format":false,"excerpt":"Resilient machinery demand fuels export growth Licensing system targets high-value steel exports MySteel Global:\u00a0As the global trade environment improves, China's indirect steel exports are expected to grow 4-5% from the 2025 volume to around 150 million tonnes in 2026, primarily driven by resilient performance in key downstream sectors including machinery,\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-29T144154.902.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-29T144154.902.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-29T144154.902.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-29T144154.902.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-29T144154.902.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":62306,"url":"https:\/\/biztrend24.com\/?p=62306&lang=en","url_meta":{"origin":71055,"position":3},"title":"India: Vedanta-FACOR to conduct HC ferro chrome auction","author":"Biz Trend 24","date":"April 2, 2026","format":false,"excerpt":"Vedanta-Ferro Alloys Corporation Ltd (FACOR) has scheduled an auction for high-carbon ferro chrome (Cr: 50-56% min, 0-150 mm) on 3 Apr'26, with minimum allowed bid quantities of 30-300 t. BigMint assessed ferro chrome (HC60%, 10-150 mm) prices at INR 117,000\/t ($1,249\/t) exw-Jajpur on 1 Apr'26.","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-42.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-42.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-42.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-42.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-42.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":55143,"url":"https:\/\/biztrend24.com\/?p=55143&lang=en","url_meta":{"origin":71055,"position":4},"title":"India: Vedanta-FACOR to conduct HC ferro chrome auction","author":"Biz Trend 24","date":"January 24, 2026","format":false,"excerpt":"Vedanta-Ferro Alloys Corporation (FACOR) has scheduled an auction for high-carbon ferro chrome (Cr: 56% min, 0-150 mm) on 28 Jan'26. The minimum allowed bid quantity across lots is 30-300 t. BigMint assessed HC ferro chrome (Cr: 60%, 10-150 mm) prices at INR 112,600\/t ($1,224\/t) ex-Jajpur on 23 Jan'26.","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-24T113247.877.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-24T113247.877.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-24T113247.877.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-24T113247.877.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-24T113247.877.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":60580,"url":"https:\/\/biztrend24.com\/?p=60580&lang=en","url_meta":{"origin":71055,"position":5},"title":"India: Vedanta-FACOR to conduct ferro chrome auction on 16 Mar&#8217;26","author":"Biz Trend 24","date":"March 14, 2026","format":false,"excerpt":"Vedanta-Ferro Alloys Corporation Ltd (FACOR) has scheduled an auction for high-carbon (HC) ferro chrome (Cr: 52.5-57% min, 10-150 mm) on 16 Mar'26. At the previous auction on 27 Feb26, the bigger lot of 10-150 mm fetched an H1 price of INR 120,200\/t ($1,301\/t) exw. BigMint assessed ferro chrome (HC 60%,\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102019.277.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102019.277.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102019.277.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102019.277.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102019.277.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/71055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=71055"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/71055\/revisions"}],"predecessor-version":[{"id":71057,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/71055\/revisions\/71057"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/71056"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=71055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=71055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=71055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}