R/€ = 15.13
R/$ = 13.46
Au 1145.73 $/oz
Pt 946.00 $/oz
Sep 01, 2015
Difficult operating and financial conditions have forced coal miner Wollongong Coal to suspend mining operations at its Russell Vale colliery, in New South Wales, and to place the operation on care and maintenance. CEO Milind Oza on Tuesday said the company had been...
Aug 14, 2015
Steel construction industry promoter the Southern African Institute of Steel Construction (Saisc) believes its renewed strategic focus involving increasing its presence in the rest of the African continent will help the local steel construction industry survive the...
Jul 27, 2015
Global steel companies will have to balance efforts focused on globalisation while maintaining an eye on customisation if they are to survive and prosper in a market characterised by excess supply, market concentration and digitalisation, professional services firm...
Jul 10, 2015
Latin America nonprofit steel organisation Latin American Steel Association (Alacero) in June announced that the global steel industry calls on governments to take action against China’s new steel policy, Steel Adjustment Policy, and overcapacity. The association...
Jul 03, 2015
The World Steel Association has published the 2015 edition of the World Steel in Figures report, which shows an increase in steel production as well as provides an overview of steel industry activities from crude steel production to apparent steel use.
Dec 09, 2014
The SMS group inaugurated its new manufacturing and service workshop in Bhubaneswar, in the Indian state of Odisha, built for an investment of approximately 31 million euros. In the presence of more than 250 guests from politics and industry, Chief Minister Naveen...
Nov 21, 2014
Multinational steel manufacturer ArcelorMittal South Africa supplies around 170 to 180 kiloton of flat steel products to the country’s vehicle manufacturers. “This is as part of our strategy to continue our good relationship with the automotive industry,” says...
Jul 11, 2014
Steel producer ArcelorMittal South Africa (AMSA) says it is operating in a challenging global steel market, which has been exacerbated by a subdued local market, with low sales volumes and competition from imports, particularly finished goods. “Therefore, we have...
Jul 12, 2013