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Metals
 
Steel

Global steel oversupply, volatile material costs remain Restricted

The steel sector would continue to battle excess global steelmaking capacity in 2013, but should see an improved operating environment from 2014, according to a report released by Ernst & Young on Monday.
21 Jan 13
 
 
THREE-DIMENSIONAL PRINTING

3D printing may shape a new manufacturing revolution Restricted

Additive manufacturing, more commonly known as three-dimensional (3D) printing, is consumer and industry ready. It is gaining momentum as a viable tool for home use and the manufacturing of parts, from scissor handles to titanium aircraft spares.
18 Jan 13
 
 
ELECTRICITY PRICES

Mittal warns of further closures if power prices continue to surge Restricted

Steel producer ArcelorMittal South Africa (Mittal) warned on Tuesday that some of its facilities had already closed as a result of the steep electricity price rises between 2007 and 2012, while others could reach a “tipping point” should...
15 Jan 13
 
 
Steel & Vanadium

Evraz Highveld Q4 year-on-year output lower Restricted

Steel and vanadium slag producer Evraz Highveld Steel and Vanadium announced on Monday that its 2012 fourth-quarter hot metal production volumes were 108% higher than in the third quarter.
14 Jan 13
 
 
STEEL

ArcelorMittal share and notes offer raises $4bn Restricted

ArcelorMittal SA, the world's largest steelmaker, raised $4-billion in a combined offering of shares and convertible notes, it said on Thursday, compared with $3.5-billion expected previously. It sold notes at a 6% yearly coupon, roughly in the...
10 Jan 13
 
 
Steel Output

November global crude steel production up 5.1% Restricted

World crude steel production for November 2012 increased by 5.1% year-on-year to 122-million tons.
07 Jan 13
 
 
SKILLS DEVELOPMENT

Engineering group sets up training infrastructure to draw on local talent Restricted

Heavy engineering manufacturer DCD sponsors several local schools in the Vereeniging area and is also drawing apprentices for its newly opened training centre from local communities. This enables the company to use its training to bring learners...
14 Dec 12
 
 
IRON ORE

With DTI help, Mittal and Kumba come to terms on iron-ore pricing for 2013 Restricted

Minister Rob Davies JSE-listed Kumba Iron Ore on Thursday agreed to a new interim pricing agreement with ArcelorMittal South Africa (Mittal), ensuring the supply of iron-ore to the steelmaker until the end of 2013 – the agreement was finalised with mediation...
13 Dec 12
 
 
 
 
 
 
 
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Kumba considers terminating supply to... Audio
Highveld Steel to make cogen proposal... Audio
Another construction-related firm... Audio