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Joscho’s Dobsonville rental housing project underway 

By: Creamer Media Reporter      14th May 2015 As part of its ongoing attempts to alleviate the housing shortage in the City of Johannesburg, the Johannesburg Social Housing Company is building 502 rental units in Dobsonville, in Soweto, Zandile Mavuso has the story. 

Steel group’s new mantra: produce to capacity, reduce costs, sell aggressively

By: Terence Creamer     15th August 2014 Newly appointed ArcelorMittal South Africa (AMSA) CEO Paul O’Flaherty delivered an unambiguous ‘production first’ message in his inaugural interaction with the investment community on Friday, saying his management team was committed to “fill the mills, produce to capacity, reduce costs and sell... 

O’Flaherty outlines ‘production first’ strategy for steel group 

By: Terence Creamer     1st August 2014 Newly appointed ArcelorMittal South Africa (AMSA) CEO Paul O’Flaherty delivered an unambiguous ‘production first’ message in his inaugural interaction with the investment community on Friday, saying his management team was committed to “fill the mills, produce to capacity, reduce costs and sell... 

AMSA to take $20m knock on Newcastle delay

By: Terence Creamer     1st August 2014 Steel producer ArcelorMittal South Africa (AMSA) has confirmed that the reline project at its Newcastle mill, in KwaZulu-Natal, has hit snags and that the project, which was initially expected to be completed four months after the May 12 shutdown began, will be delayed until mid-October. The... 

Supply assurances ahead of four-month Newcastle steel mill reline

By: Terence Creamer     21st February 2014 Steel producer ArcelorMittal South Africa (AMSA) says it is building substantial metal stocks ahead of the planned four-month shutdown of its Newcastle mill, in KwaZulu-Natal, which is being prepared for a R1.6-billion blast-furnace reline – the JSE-listed group’s single largest capital project... 

AMSA offers supply assurances ahead of four-month Newcastle reline 

By: Terence Creamer     7th February 2014 Steel producer ArcelorMittal South Africa (AMSA) says it is building substantial metal stocks ahead of the planned four-month shutdown of its Newcastle mill, in KwaZulu-Natal, which is being prepared for a R1.6-billion blast-furnace reline – the JSE-listed group’s single largest capital project... 

Mittal warns of more losses in Q3 on weak market conditions

By: Terence Creamer     25th July 2012 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 represent a R826-million turnaround from the... 

Cisco sale at an 'advanced' stage

By: Terence Creamer     29th June 2012 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 disclosed, nor was the precise composition of the... 

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