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Topic - Ispat Iscor
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Jul 15, 2005
The South African government defines black economic empowerment (BEE) as an integrated socioeconomic process that directly contributes to the transformation of South Africa and brings about a significant increase in the numbers of black people that manage, own, and...
Jul 01, 2005
A large South African scrap collector and processor, the Reclamation Group (Reclam), is considering a range of downstream value-addition projects, across various materials, as it bids to consolidate its position as a leading secondary-resources company.
Mar 17, 2005
In response to a call by President Thabo Mbeki to abolish import parity pricing (IPP) from some industrial sectors, South Africa's Industrial Development Corporation (IDC) is inviting proposals for a research study into the effect of pricing practices, including IPP,...
Mar 11, 2005
Steel price negotiations, between the Department of Trade and Industry (DTI) and steel giant Ispat Iscor, continued yesterday, but a government official said no information would be released about the progress of the talks until an agreement is reached.
Feb 17, 2005
International rating agency Fitch Ratings this week assigned Netherlands-based Mittal Steel Company 'BBB' Senior Unsecured and 'F2' Short-term ratings with a 'stable' outlook.
Feb 15, 2005
Global steel demand, driven mainly by China's economic boom, is still in its infancy and is likely to rise substantially in the future, despite the Chinese government's interventions to slow the country's phenomenal growth, Africa's biggest steel producer said last...
Feb 11, 2005
Steel producer Ispat Iscor - soon to be renamed Mittal South Africa in line with an international rebranding of the world's largest steel group to which it belongs - says it has submitted all the necessary price-comparison information required by the Department of...
Feb 11, 2005
South African President Thabo Mbeki today (Friday) slammed import parity pricing, as applied by the country's steel and chemical industries, as “market failures” and said efforts are being made to address this.
Feb 11, 2005
Feb 10, 2005
Jan 25, 2005
Jan 21, 2005
 
 
 
Jan 14, 2005
“The rand has actually grown weak,” maintains AK Stone Guards MD Gary Immelman.
Jan 05, 2005
The South African government has still not reached an agreement with global steel group LNM Holdings, through local subsidiary Ispat Iscor, regarding a new domestic steel-pricing model, but a senior government official said a deal could be clinched within the next...
Dec 03, 2004
The South African government is broadening its intervention into the controversial issue of import parity pricing (IPP) beyond carbon steel, with studies now beginning into the influence of the pricing model on the chemicals, stainless-steel and aluminium sectors.
Nov 25, 2004
The International Trade Administration Commission of South Africa (Itac) has made the interim decision to recommend to the Minister of Trade and Industry, Mandisi Mpahlwa, that the antidumping duties on hot-rolled plates and sheets of steel originating in or...
Nov 24, 2004
Diversified resources company Kumba Resources is confident that the Transnet board will approve the South Dunes Coal Terminal (SDCT) next month.
Nov 23, 2004
The South African government is broadening its intervention into the controversial issue of import parity pricing (IPP) beyond carbon steel, with studies now beginning into the influence of the pricing model on the chemicals, stainless-steel and aluminium sectors.
Nov 12, 2004
Local car manufacturers are yet to use Chinese price benchmarks, but in about three years, when China starts exporting cars and components, they will, says National Association of Automotive Component and Allied Manufacturers (Naacam) president and Shatterprufe MD...
Nov 05, 2004
Steel group Ispat Iscor last week reported that its talks with the automotive industry regarding an existing pricing contract were at a very “sensitive stage”.
Oct 29, 2004
Heeding government's call to provide affordable, safe and accessible energy to the South African domestic market, Easigas - a division of Shell South Africa Marketing - yesterday launched the Easicooka, at its depot in Alberton, Johannesburg.
Oct 22, 2004
Steel group Ispat Iscor confirmed yesterday that it had approved the construction of a new coke battery at its Newcastle facility in Kwazulu-Natal.
 
 
 
 
Oct 22, 2004
Steel group Ispat Iscor yesterday reported that its talks with the automotive industry regarding an existing pricing contract were at a very “sensitive stage”.
Oct 22, 2004
Steel group Ispat Iscor has confirmed that it is in early-stage talks with the automotive industry to review its current steel-pricing agreement with original equipment manufacturers (OEMs) in the sector.
Oct 20, 2004
South African steel giant Ispat Iscor has received the go-ahead from the Kwazulu-Natal Department of Agriculture and Environmental Affairs (DAEA) to proceed with its proposed coke project, in Newcastle.
Oct 12, 2004
Steel producer Ispat Iscor recently signed a three-year network outsourcing contract with information technology services provider Dimension Data.
Oct 08, 2004
Steel producer Ispat Iscor announced in September that it would adjust domestic prices on certain steel products by between 2,5% and 8% effective from November 2004 – in line with international price movements.
Oct 08, 2004
SOUTH Africa’s last remaining shipyard capable of building steel vessels from scratch, Farocean Marine, is appealing to the government to assist the industry to compete in the Southern African and wider African markets.
Oct 06, 2004
The International Trade Administration Commission of South Africa (Itac) has announced in the Government Gazette that it will review the customs duty structure for primary steel and stainless steel.
Oct 05, 2004
Steel producer Ispat Iscor reported yesterday that it had begun routine repairs to one of its blast furnaces at Vanderbijlpark, which will idle the vessel for approximately seven days.
Oct 01, 2004
Among the mega projects in South Africa the Industrial Development Corporation (IDC) will invest in in coming years are the planned aluminium smelter at the Coega industrial development zone – which the development-finance institution insists will go ahead...
Sep 28, 2004
South African steel giant Ispat Iscor revealed yesterday that it plans to up output by two-million tons a year during the next three years, through various debottlenecking projects and investments.
 
 
 
 
Sep 10, 2004
Cast your mind back to the late 1990s. South Africa’s steel group Iscor was in dire straits. It, together with the Industrial Development Corporation (IDC), had, in 1995, decided to pursue the Saldanha Steel Project in the Western Cape.
Sep 10, 2004
South African steel producer Ispat Iscor yesterday announced that it would adjust domestic prices on certain steel products by between 2,5% and 8%, effective from November 2004 - in line with international price movements - and in addition to domestic price increases...
Sep 03, 2004
The head of South Africa’s leading steel producer, Ispat Iscor, pricked the ears of the entire industry recently when he hinted to a possible link-up between MacSteel International and Lakshmi Mittal’s LNM Group.
Sep 03, 2004
South African steel producer Ispat Iscor yesterday confirmed that it had been served with court papers by the Solidarity trade union and that the company would file opposing papers on the matter in due course.
Sep 03, 2004
Beyond seeking about a million tons additional output from its existing operations, steel group Ispat Iscor has revealed that it will be pursuing a host of value-addition projects in the coming months as well as further backward-integration, particularly in the area...
Aug 27, 2004
The scrap between Solidarity trade union and South African steel producer Ispat Iscor continued yesterday, with the two even failing to agree on whether the labour organisation actually served legal papers on the company.
Aug 27, 2004
Trade union Solidarity yesterday served legal papers on the steel group Ispat Iscor, in which it is asks that the company's current retrenchment process be declared void.
Aug 26, 2004
The Solidarity trade union has indicated that it will most likely launch a legal challenge against Ispat Iscor’s plans to retrench thousands of workers, after the South African steel producer retreated from an agreed moratorium on job cuts.
Aug 25, 2004
Solidarity trade union will take “aggressive” action against steel producer Ispat Iscor following an alleged breach of agreement by the company, the union told Engineering News Online yesterday.
Aug 19, 2004
South African steel group Ispat Iscor is working on a revised strategy designed to help it move into the lowest cost quartile globally so as to position it for a possible retreat in the steel-price cycle, which is currently at record levels on the back of boom-market...
Aug 19, 2004
Steel producer Ispat Iscor – whose steel-pricing model has been under concerted attack for a number of years – has made initial contact with the Department of Trade and Industry (DTI) in a bid to find a solution to the issue.
Jul 09, 2004
The head of LNM, the world’s second-largest steel producer, believes the new Ispat Iscor is set to gain appreciably from LNM’s global market intelligence and marketing power.
 
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