R/€ = 15.89 Change: 0.00
R/$ = 14.00 Change: 0.01
Au 1340.50 $/oz Change: -1.28
Pt 826.70 $/oz Change: 5.45


Steel group to approach Nersa for power-tariff relief  

By: Terence Creamer     7th February 2019 Steel producer ArcelorMittal South Africa (AMSA) says it will submit site-specific applications to the National Energy Regulator of South Africa (Nersa) to secure tariff relief from Eskom for its operations in Gauteng, KwaZulu-Natal and the Western Cape. The submissions will be made in line with... 

AMSA to finalise Macsteel sale by Dec

By: Marleny Arnoldi     27th September 2018 Steel producer ArcelorMittal South Africa’s (AMSA’s) shareholders on Thursday approved the sale of AMSA’s 50% indirect interest in Netherlands-based Macsteel International Holdings (MIH) to a subsidiary of Macsteel Holdings Luxembourg for $220-million, or R2.8-billion. AMSA advised that the... 

Energy-intensive firms say carbon tax wrong tool for reducing power emissions

By: Terence Creamer     14th March 2018 The Industry Task Team on Climate Change (ITTCC), which includes many of South Africa’s largest mining and industrial companies, says the proposed carbon tax will have no material impact on reducing carbon emissions from the electricity sector, which is responsible for around half of the... 

Resources Watch  

8th February 2018 Wind of change sees DMR grant prospecting licences to De Beers And, AMSA weighs asset disposals as losses mount, debt rises and rand strengthens 

AMSA’s new incubator to develop industrialists for its procurement supply chain 

24th August 2017 ArcelorMittal South Africa has completed the first phase of its new 1 600 m2 Matlafatso steel industry incubation hub, in Vanderbijlpark, to help develop and absorb young emerging industrialists into its procurement supply chain. Natasha Odendaal tells us more. 

Resources Watch  

3rd August 2017 Kumba CEO concerned by Minister’s reneging; Sishen productivity leaps by 57%; And, Eskom tariffs in AMSA’s action plan crosshairs as losses spike 

The story behind the partial restart of Highveld Steel 

22nd June 2017 There are some signs of life at the vast Highveld Steel complex, in Mpumalanga, where all production at was halted in 2015 after the country’s second-largest steelmaker was placed into business rescue. 

AMSA officially launches Gauteng steel rail hub 

23rd March 2017 ArcelorMittal South Africa in February officially launched its Isando Distribution Centre, in Germiston, in a long-term initiative to migrate the bulk of domestic final product steel distribution from road to rail.  

Localised metal fatigue: we’ve been having it

By: Riaan de Lange     1st July 2016 It is said that ‘metal fatigue’ is the progressive and localised structural damage that occurs when a material is subjected to cyclic loadings. The Encyclopaedia of Tribology defines ‘cyclic loading’ as the application of repeated or fluctuating stresses, strains or stress intensities to... 

Resources Watch 

By: Creamer Media Reporter      14th November 2013 This week: Kumba and ArcelorMittal sign an 'holistic' iron-ore pricing deal following years of dispute. An exciting new AngloGold Ashanti technology produces its first gold. And Mark Cutifani says mining benefits 8 in 10 South Africans. 


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