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Carbon Steel
 
STEEL & MINING

Mittal seeks govt approval for N Cape iron-ore acquisition

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Africa's largest steel producer ArcelorMittal South Africa (Mittal) has completed its due diligence of an unnamed iron-ore exploration prospect in the Northern Cape and would move to buy the resources once it had received the necessary approvals...
By: Terence Creamer
07 Feb 12
 
 
STEEL

Mittal reports FY loss, sees better Q1

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ArcelorMittal South Africa, a unit of the world's top steelmaker, on Tuesday reported a full-year headline loss, hit by higher raw material costs and weaker sales, but said it expects a better first quarter. The steelmaker's production last year...
By: Reuters
07 Feb 12
 
 
INDUSTRIAL GASES

Air Liquide to build R400m SA plant after securing Evraz Highveld deal

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Industrial gases group Air Liquide reported on Monday that it would invest some R400-million in a new 770 t/d air separation unit (ASU) in South Africa after concluding a 20-year oxygen supply contract with JSE-listed steel and vanadium producer...
By: Terence Creamer
06 Feb 12
 
 
CARBON TAXES

Heavyweight industry group issues carbon tax warning

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An industry lobby group comprising large mining groups and mineral processing companies is cautioning against the proposed introduction of a carbon tax in South Africa until South Africa has fully charted its abatement potential and the costs...
By: Terence Creamer
23 Jan 12
 
 
STEEL PRICING

Govt studying Sishen ruling, but will push for developmental price

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Trade and Industry Minister Dr Rob Davies says the South African government continues to view a developmental steel price as an "obligation" of the 2001 unbundling of Iscor into separate mining and steel companies and that it would continue to...
By: Terence Creamer
16 Jan 12
 
 
STEEL

Mittal Newcastle plant resumes output

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ArcelorMittal South Africa, a unit of the world's biggest steelmaker, resumed full production at its Newcastle plant that was hit by a furnace failure last year, the company said on Friday. The furnace failure had impacted an already subdued...
By: Reuters
16 Jan 12
 
 
BUSINESS ACTIVITY

Indian industrial group eyes SA metals and energy prospects

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International steel and power generation and distribution company JSW Group has identified South Africa as a prime location for substantial investment, as part of the company’s overall plans for expanding its rapidly-developing global footprint,...
By: Dimakatso Motau
16 Dec 11
 
 
Steel Products

Steel merchant increasing African, SA presence

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AltX-listed steel merchant BSi Steel is introducing new products and services to the retail market in South Africa and is also expanding its African and South African presence to boost its growth, says BSi Steel CEO Grant Mackenzie.
By: Schalk Burger
16 Dec 11
 
 
 
 
 
 
 
 
Metals Multimedia
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Mittal expects to make N Cape iron-ore mine... Video
Softening steel prices, rising costs cloud... Video
Acquisition to increase manufacturer’s turnover Video
Multimillion-rand contract on track Video
Mittal sets aside billions to meet SA’s... Video
Draft carbon tax a ‘nonstarter’,... Video
Mittal seeks to roll over interim iron-ore deal... Video
New China-based facility aims to increase... Video
ArcelorMittal SA scraps surcharge, but higher... Video
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Kumba considers terminating supply to... Audio
Highveld Steel to make cogen proposal... Audio
Another construction-related firm... Audio
 
 
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