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Carbon Steel

Tsodilo sets sights on contributing to low-carbon steelmaking in Botswana
23rd June 2021 By: Simone Liedtke

TSX-V-listed Tsodilo Resources has entered into a research collaboration with the Department of Chemical, Materials and Metallurgical Engineering at the Botswana International University of Science... 


Trade, Industry and Competition Minister Ebrahim Patel signs the Steel Master Plan as Numsa's Irvin Jim prepares to do likewise
Infrastructure and import substitution at heart of new master plan’s vision for steel revival
11th June 2021 By: Terence Creamer

A new master plan aimed at stabilising South Africa’s steel industry and creating a platform for the revival of the country’s embattled downstream steel fabricators was signed by representatives... 


Iron-ore scales over three-week high on China demand, supply risks
11th June 2021 By: Reuters

Iron-ore futures jumped on Friday to their highest in more than three weeks, as a rebound in steel inventory in top producer China suggested that demand for the raw material remained brisk. The... 


CONCRETE SUPPORT
A total of 32 concrete piles were needed on the Mbombela Fresh Produce Market project
Contracts awarded on strong foundation work
11th June 2021 By: Halima Frost

Concrete foundation specialist Gauteng Piling’s most recent projects have showcased the company’s diverse capabilities in the concrete piling industry. Gauteng Piling contracts manager Keoatlaretse... 


Iron-ore jumps on supply concerns, shrugs off China price watch
9th June 2021 By: Reuters

Iron-ore futures rose on Wednesday, with the Dalian benchmark contract gaining up to 5.4% after a three-day slump, as worries over supply boosted prices of the steelmaking raw material. The... 


Tradecore Steel acquires KZN assets of Gibbsteel Pinetown
8th June 2021 By: Simone Liedtke

An acquisition has increased steel supplier Tradecore Steel’s processing capability in KwaZulu-Natal and further consolidates the company’s sub-Saharan footprint. Tradecore has acquired the... 


Johan Van Zyl
EU’s Green Deal will have wide-ranging impact on SA exports, cautions Van Zyl
8th June 2021 By: Irma Venter

Europe’s Green Deal is not just a vision or an idea, but a well-funded policy that is being implemented, and that is set to have a wide-ranging impact on South African exports, says Toyota South... 


Masterplan to position South Africa as ‘globally significant’ renewables manufacturer
Masterplan to position South Africa as ‘globally significant’ renewables manufacturer
8th June 2021 By: Terence Creamer

Department of Mineral Resources and Energy director-general Advocate Thabo Mokoena reports that government intends using the South African Renewable Energy Masterplan (SAREM), which is currently... 


Iron-ore tumbles as optimism around China demand fades
Iron-ore tumbles as optimism around China demand fades
7th June 2021 By: Reuters

Iron-ore prices tumbled on Monday as China's subdued trade data for May and narrowing steel profit margins dampened the market's enthusiasm about demand prospects for the steelmaking ingredient.... 


Macsteel CEO Mike Benfield
Macsteel seeks reimbursement for ‘unlawful’ duty payments
3rd June 2021 By: Terence Creamer

Macsteel CEO Mike Benfield is confident that the company has a strong legal case against the continued application of an 8% safeguard duty on hot-rolled coil (HRC) and confirms that it is also... 


Macsteel launches third Macsteel Express franchise partnership
1st June 2021 By: Simone Liedtke

Steel merchant Macsteel has launched the third of its independently owned Macsteel Express franchise partnerships, in Nelspruit, on June 1. Macsteel launched the first of its two franchise partner... 


AMSA CEO Kobus Verster
Steel backlog won’t be solved by eliminating safeguard duties, AMSA avers
31st May 2021 By: Terence Creamer

Steel producer ArcelorMittal South Africa (AMSA) has rebuffed increasingly vociferous calls for the elimination of safeguard duties to ease ongoing supply constraints and price increases in the... 


Iron-ore benchmarks rise on China's steel output plans
28th May 2021 By: Reuters

Iron-ore futures in Asia rose on Friday, but were set for a third weekly decline on persistent price-control concerns. Top steel producer China's recent statements on steel capacity reforms had... 


Macsteel confirms court challenge against ‘unlawful’ extension of safeguard duties
Macsteel confirms court challenge against ‘unlawful’ extension of safeguard duties
27th May 2021 By: Terence Creamer

Opposition to the extension of safeguard duties on steel imports is intensifying, with the country’s leading merchant challenging the extension of the duties in court and with others even... 


Iron-ore tumbles as China's price warning grips markets
24th May 2021 By: Reuters

Asia's iron-ore futures tumbled on Monday, leading another bout of selling in the metals complex, after China's state planner warned against commodity price manipulation and vowed to clamp down on... 


Hydrogen and natural gas blend steel forging process tested
21st May 2021 By: Schalk Burger

The world’s first test of a 30% natural gas/hydrogen blend in the forging processes used in industrial steelmaking involved using the mixture to heat the furnaces of steelmaker Giva Group's... 


Global crude steel production increased 23.3% y/y in April
21st May 2021 By: Schalk Burger

World crude steel production for the 64 countries reporting to industry body the World Steel Association increased by 23.3% year-on-year to 169.5-million tonnes in April. China produced... 


New research shows South Africa well-placed to export ‘green iron’ to EU
New research shows South Africa well-placed to export ‘green iron’ to EU
20th May 2021 By: Terence Creamer

Initial research conducted for the Deep Decarbonisation Pathways (DDP) project in collaboration with the National Business Initiative (NBI) indicates that there is an emerging opportunity for South... 


Iron-ore slumps as China steps up efforts to curb soaring prices
20th May 2021 By: Reuters

Chinese iron ore and steel futures led a selloff across the nation's metals complex on Thursday after the government sought stricter oversight of commodity markets to curb exorbitant prices,... 


The world economy is suddenly running low on everything
17th May 2021 By: Bloomberg

A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously stocking up. Mattress... 


Iron-ore rebounds as China mills churn out steel at record pace
17th May 2021 By: Bloomberg

Iron-ore futures climbed back above $200 a ton as soaring steel production in China showed there’s no sign of the industry cooling despite government attempts to rein in output from last year’s... 


Iron-ore slumps again as steel hub asks mills to control surge
Iron-ore slumps again as steel hub asks mills to control surge
14th May 2021 By: Bloomberg

Iron-ore futures tumbled as China’s top steel-making hub ramped up efforts to control a dizzying surge in prices. Futures in Dalian dropped the daily limit, while prices in Singapore extended a... 


Iron-ore’s ‘ridiculous’ prices to stay as fear grips commodities
Iron-ore’s ‘ridiculous’ prices to stay as fear grips commodities
12th May 2021 By: Bloomberg

Iron-ore’s stunning surge won’t fade anytime soon because buyers remain nervous about being caught short as global demand accelerates amid lingering supply threats, according to a veteran... 


Iron-ore turns ‘very, very hot’ as prices jump 10% in minutes
Iron-ore turns ‘very, very hot’ as prices jump 10% in minutes
10th May 2021 By: Bloomberg

Iron-ore futures leaped higher as trading opened on Monday, extending a record run amid rampant Chinese demand and a wider surge in commodity prices as the global economy recovers. Futures in... 


Iron-ore’s blistering rally sets sights on $200 as steel booms
5th May 2021 By: Bloomberg

A surge in steel consumption as the world emerges from its pandemic-induced slump is set to drive iron-ore to an unprecedented high as the biggest miners struggle to keep up with the frenzied pace... 


Desmond Maharaj resigns as AMSA CFO
4th May 2021 By: Simone Liedtke

Desmond Maharaj has resigned as CFO and executive director of steelmaker ArcelorMittal South Africa (AMSA) to pursue personal opportunities outside of the business. AMSA expects Maharaj to step... 


Biden's EU trade dilemma: more pain for Harley, distillers or back off metals tariffs?
29th April 2021 By: Reuters

The Biden administration faces a major dilemma in its dispute with the European Union over Trump-era steel and aluminum tariffs: back down to avoid acute pain for Harley-Davidson Inc and whiskey... 


China boosts bid to cut steel output with import tax changes
28th April 2021 By: Bloomberg

China stepped up its drive to rein in steel production and fight rocketing iron ore prices by canceling import taxes on some steelmaking materials and raising costs for exporters. Import fees on... 


China steel, iron-ore futures hit record highs on strong demand, supply fears
26th April 2021 By: Reuters

Chinese steel futures closed at all-time highs on Monday, underpinned by robust demand and concerns over production curbs, while benchmark iron ore prices hit record highs, fuelled by structural... 


World crude steel production up 15.2% y/y in March
23rd April 2021 By: Simone Liedtke

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 169.2-million tonnes in March, marking a 15.2% increase year-on-year. Global crude steel... 


Iron-ore stretches gains on global steel demand recovery
19th April 2021 By: Reuters

Iron-ore prices in Asia pushed higher on Monday as strengthening global steel demand buoyed sentiment, and as Chinese steel mills continued to ramp up output despite the government's scrutiny of... 


Worldsteel forecasts 5.8% steel demand growth in 2021 and 2.7% growth in 2022
15th April 2021 By: Schalk Burger

Industry body the World Steel Association (worldsteel), in its 'Short Range Outlook for 2021 and 2022', forecasts that steel demand will grow by 5.8% to 1.87-billion tonnes this year. In 2022,... 


Multi Alloys to merge with EMVAfrica
Multi Alloys to merge with EMVAfrica
1st April 2021 By: Schalk Burger

Special alloys company Multi Alloys will merge with EMVAfrica to become a specialised division of the stainless steel products and valves company on May 1. The merged businesses will give... 


Swedish JV will open first fossil-free steelmaking plant in 2026
Swedish JV will open first fossil-free steelmaking plant in 2026
25th March 2021 By: Bloomberg

A Swedish joint venture that aims to remove fossil fuels from steelmaking is planning on establishing its first demonstration plant in 2026. Hybrit, an initiative run by steelmaker SSAB, iron-ore... 


Steel production up 4.1% y/y in February
24th March 2021 By: Donna Slater

Global crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) increased by 4.1% year-on-year to 150.2-million tonnes in February. Worldsteel reports that... 


Green hydrogen to be phased in to decarbonise steel production – Fitch Solutions
11th March 2021 By: Donna Slater

In the second part of its special coverage on the impact of hydrogen on the mining and metals sector, Fitch Solutions Country Risk & Industry Research (Fitch Solutions) reports that it believes... 


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