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...
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
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...
By: Keith Campbell
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...
By: Henry Lazenby
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...
By: Terence Creamer
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...
By: Terence Creamer
16 Jan 12
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Metals Multimedia
Mittal expects to make N Cape iron-ore mine call by end Aug
Softening steel prices, rising costs cloud Mittal’s outlook
Acquisition to increase manufacturer’s turnover
Multimillion-rand contract on track
Mittal sets aside billions to meet SA’s tightening enviro limits
Draft carbon tax a ‘nonstarter’, Nyembezi-Heita asserts
Mittal seeks to roll over interim iron-ore deal with Kumba
New China-based facility aims to increase global competitiveness
ArcelorMittal SA scraps surcharge, but higher ore prices to be reflected in new all-in price
Mittal expects to make N Cape iron-ore mine... 
Softening steel prices, rising costs cloud... 
Acquisition to increase manufacturer’s turnover 
Multimillion-rand contract on track 
Mittal sets aside billions to meet SA’s... 
Draft carbon tax a ‘nonstarter’,... 
Mittal seeks to roll over interim iron-ore deal... 
New China-based facility aims to increase... 
ArcelorMittal SA scraps surcharge, but higher... 
Kumba considers terminating supply to ArcelorMittal SA, as iron-ore dispute heats up
Highveld Steel to...
Another...
Kumba considers terminating supply to... 
Highveld Steel to make cogen proposal... 
Another construction-related firm... 
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