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Metals
 
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...
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...
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...
06 Feb 12
 
 
AEROSPACE

Laser centre breakthrough may give SA aerostructural firm a global edge

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A breakthrough by researchers at the National Laser Centre (NLC) of the Council for Scientific and Industrial Research (CSIR) promises to make local aeronautics company Aerosud a world leader in niche aerostructural components manufacture within...
27 Jan 12
 
 
STEEL

SA steel production falls 12.7%, world output up 6.8%

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South Africa’s steel output fell by 12.7% year-on-year to 6.7-million tons last year, while global production surged 6.8% to 1.53-billion tons, the World Steel Association (worldsteel) reported on Monday. South African Iron and Steel Institute...
23 Jan 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...
23 Jan 12
 
 
STEEL

Overcapacity puts steelmakers under pressure

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Steelmakers globally will be under pressure to remain profitable this year, as the sector now faced “significant” over-capacity, Ernst & Young (E&Y) mining and metals leader Mike Elliot said on Thursday. Steelmaking capacity growth continues...
19 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...
16 Jan 12
 
 
 
 
 
 
 
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