Newcastle Mill
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STEEL
Mittal warns of more losses in Q3 on weak market conditions
Steel producer ArcelorMittal South Africa (Mittal) reported weaker headline earnings of R106-million for the six months to June 30, 2012, a sharp decline from the R668-million reported for the corresponding period of 2011. But the performance did...By: Terence Creamer
25 Jul 12
CORPORATE ACTIVITY
Cisco sale at an 'advanced' stage
Construction group Murray & Roberts (M&R) reported on Friday that it has reached an agreement in principle with a prospective buyer of its Cape Town Iron & Steel Works (Cisco) steel mill, in the Western Cape. The identity of the buyer was not...By: Terence Creamer
29 Jun 12
STEEL & MINING
Mittal seeks govt approval for N Cape iron-ore acquisition
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
Rebar shortages cause companies to default on contracts – Sarcea
A nationwide shortage of raw material from South African steel mills has resulted in reinforcing steel (rebar) suppliers and manufacturers now having to default on their contracts with construction companies, said the South African Reinforced...By: Loni Prinsloo
08 Apr 11
STEEL PRODUCTION
Queensland floods may affect SA steel output as demand ticks up
South Africa’s largest steel producer ArcelorMittal South Africa (Mittal) – which is currently ramping up production following the summer holiday slowdown, as well as following unplanned operational setbacks at Vanderbijlpark and Newcastle in...By: Terence Creamer
21 Jan 11
STEEL PRODUCTION
Coal shortfall may affect Mittal’s SA steel output if floods delay future Queensland shipments
South Africa’s largest steel producer ArcelorMittal South Africa (Mittal) – which is currently ramping up production following the summer holiday slowdown, as well as following unplanned operational setbacks at Vanderbijlpark and Newcastle in...
By: Terence Creamer
12 Jan 11
STEEL PROJECT
Newcastle project will have to be remotivated to the board
By: Terence Creamer
27 Feb 09
Real Economy Report
Real Economy Report
This is the Real Economy Report. Our top stories this week: Nicky Oppenheimer speaks on the new Voorspoed diamond mine, we speak to Africa's largest steel producer about the so-called ‘perfect storm' battering the industry, and a Northern Cape...
13 Nov 08
STEEL & POWER
SA steel giant mulls 260-MW cogen plan
Steel group ArcelorMittal South Africa is mulling over two cogeneration projects that could yield 260 MW of electricity capacity by 2012 at its Vanderbijlpark and Newcastle mills, which are situated in the Gauteng and the KwaZulu-Natal provinces...By: Terence Creamer
30 Jul 08
COGENERATION & STEEL
Mill’s R1,2bn power plan hinges on improved Eskom price offer
Electricity afflicted steel producer Arcelor Mittal South Africa has confirmed that it is preparing to submit a R1,2-billion, 110-MW cogeneration project, to be sited at its Vanderbijlpark works, to power utility Eskom by the May 31 tender...By: Terence Creamer
22 Feb 08
COGENERATION & STEEL
Steel group says R1,2bn power plan hinges on improved Eskom price offer
Electricity afflicted steel producer Arcelor Mittal South Africa confirmed on Wednesday that it was preparing to submit a R1,2-billion, 110-MW cogeneration project, to be sited at its Vanderbijlpark works, to power utility Eskom by the May 31...By: Terence Creamer
13 Feb 08
Metals
Steel major will endeavour to buy local as it gears up to invests R8,9bn
Steel producer Mittal Steel South Africa, part of the world’s largest steel company, says it is committed to incorporating as high a level of local content as possible as it moves to implement its R8,9-billion capital expenditure plans.By: Terence Creamer
10 Mar 06
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Topics in these articles
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Electricity Costs
Lower Steel Prices
Steel
Steel Demand
Steel Producer
Construction
Prospective Buyer
Steel Mill
Steel Rolling Mill
Steel Bars
Flat And Long Products
Lower-than-usual In-house Steel Inventories
Steel Prices
Carbon Steel Sales
Key Steel
Mining
Steel Market
Diamond Giant
Genuine Concern
Steel Shortages
Electricity Capacity
Electricity Self-provisioning
Steel Group
Baseload Electricity
Combustible Off-gas
Electricity
Energy
Gas Supply
Larger Steel Group
Base-load Electricity
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