R/€ = 19.21 Change: 0.00
R/$ = 16.19 Change: 0.00
Au 1901.13 $/oz Change: -7.81
Pt 904.56 $/oz Change: 13.87


Compressors upgrade

By: Jonathan Faurie     29th June 2007 Cooperation between Man Turbo South Africa and Man Turbo�s main offices in Europe made the upgrade of four compressors and he installation of a new fifth machine at Mittal Steel South Africa Vanderbijlpark plant possible. 

Blast furnace reline to boost capacity

29th June 2007 Steel producing company Mittal Steel South Africa says that its R578-million relining of its Vanderbijlpark blast furnace d will increase the plants overall steel capacity. 

Expanding value addition

29th June 2007 Mittal Steel South Africa is to begin construction of two direct reduction (DR) kilns at its Vanderbijlpark plant at a cost of R600-million to increase its liquid steel capacity by around 250 000 t/y. 

Filtration relations extended to capex

By: Guy Copans     29th June 2007 Filtration company Donaldson Filtration Systems is responsible for a large portion of the filtration work at Mittal Steel�s Vanderbijlpark facility, says sales engineer Deon Cilliers, who provides technical support to the site. 

Weakening rand improves South Africa’s steel export prospects

By: Esmarie Iannucci     2nd March 2007 The weakening of the rand last year allowed several metal exporters, who had previously been driven out of the export market, to return, says Steel and Engineering Industries Federation of South Africa (Seifsa) economist Michael McDonald. McDonald says that Seifsa launched a survey into the... 

Highveld purchase under ECC microscope

By: Esmarie Iannucci     2nd March 2007 The sale of Anglo American’s 79% share of Highveld Steel and Vanadium Corporation to the Russian Evras, has been slightly delayed by the European Competition Commission. 

Steady growth predicted for steel

By: Esmarie Iannucci     2nd March 2007 In 2006, world crude steel production reached it’s highest level of output in world history. 

Second Living Steel challenge is under way

2nd March 2007 Living Steel’s second international architecture competition for sustainable housing, is under way. The competition was launched on world architecture day last year and has since drawn interest from over 1 100 entries in 88 countries. 

Tons of steel for Sishen

2nd March 2007 Ginaker-LTA Mechanical and Electrical’s new Metal and Minerals division has started construction on the Sishen Expansion Project (SEP). Grinanker-LTA, in a joint venture with Murray and Roberts, was awarded the contract for civil construction at the SEP. 

Scratching the surface of steel abrasives

By: Esmarie Iannucci     2nd March 2007 Advanced metallurgy has seen the emergence of stainless steel abrasives in a similar size and form to the better known carbon steel shot and grit, used for surface treatment of non-ferrous items, says Simple Active Tactics (SAT) director Charles Dominion. Through specific heat treatment... 

Steel: its forms and functionality

2nd March 2007 Steel is very often overlooked in the processes of everyday life. There is hardly any object that we use, that does not contain steel or that is not created with equipment made from steel, states the International Iron and Steel Institute’s (IISI) Steel and You publication. Mass production... 

New roll former rolls out first grinding media

2nd March 2007 Scaw South Africa has manufactured its the first grinding media on its newly commissioned roll former at its Germiston plant. 

Local company acquires plasma arc cutting machine for steel products

By: Esmarie Iannucci     2nd March 2007 Profile Cut Dynamics, specialists in profiling and guillotining, has acquired a high definition plasma arc cutting machine. Imported from Germany, the machine can cut up to 38 mm thick steel. The Hypertherm hyperformance plasma HPR260 reduces operating costs and eliminates the need for secondary... 

China’s hunger for steel outstrips demand

2nd March 2007 In 2006, China dominated world production of crude steel by producing 418,8-million tons of steel, accounting for about 34% of the entire world production. 

Sishen bridge gets legs to stand on

By: Esmarie Iannucci     2nd March 2007 DCD-Dorbyl Heavy Engineering Venco has been commissioned to manufacture the bridges and portal legs for the 2 drum reclaimers at the Sishen Expansion Project (SEP). 

Welding institute gears up for infrastructure boom

2nd March 2007 The South African Institute of Welding (SAIW) is gearing up to assist with welding advice and support for the upcoming infrastructural boom, said SAIW technology manager, John du Plessis in a recent press release. 

Locally proven product spreads international wings

2nd March 2007 SMS Demag AG, Germany, has been awarded the contract for the supply of two separate steel making plants. Bhushan Steel & Strips in New Delhi, India, and Essar Steel (Hazira) in the federal state of Gujarat will both be boasting a conarc furnace in the near future. 

Heavyweight player enters lightweight steel sector

By: Esmarie Iannucci     2nd March 2007 South Africa has seen another addition to the participants in the growing industry of lightweight steel frame construction. 

New association to monitor lightweight steel construction

2nd March 2007 The light steel framing industry has seen the formation of the Southern African light steel frame building association (Sasfa), a division of the Southern African Institute of Steel Construction (SAISC). 

Sundance in $20m placement to accelerate iron-ore project in Cameroon

14th November 2006 Emerging Australian iron-ore company Sundance Resources announced on Tuesday that it planned to accelerate the prefeasibility study on the development of its Mbalam iron-ore project in Cameroon, west Africa, as a high-grade hematite export project after the appointment of high-profile mining... 

Fitch affirms and withdraws Kumba's credit rating

14th November 2006 International rating agency Fitch Ratings on Tuesday affirmed Kumba Resources' national long-term 'A(zaf)' and Short-term 'F1(zaf)' ratings, resolved the rating watch evolving and assigned a stable outlook. 

Steel industry calls for clarity on sustainability guidelines

10th November 2006 More than 200 members of the international steel industry have called on the South African government and world leaders in general to work rapidly to define guidelines that would give decision makers greater clarity and more measurable goals when pursuing sustainability. 

Steel consolidation trend likely to take hold in China

By: Mariaan Webb     8th November 2006 The trend towards consolidation in the steel sector, out of which the world's largest steel company, Arcelor Mittal, was established earlier this year, was expected to accelerate in China, giving birth to some of the world's strongest steel participants, Investec Asset Management's Michael Power... 

Mittal, DTI resume steel-price talks, both say resolution now urgent

By: Terence Creamer     7th November 2006 Steel producer Mittal Steel South Africa and the South African government met on Monday in a bid to progress talks on a so-called developmental pricing model. These negotiations began back in 2004, when agreement was reached between the Department of Trade and Industry (DTI) and the then LNM (now... 

Mittal's R8bn expansion hit by a new EIA-linked delay

By: Terence Creamer     7th November 2006 It was unlikely that Africa's largest steel producer would begin implementation of its R8-billion capital programme this calendar year owing to new environmental-impact-assessment (EIA)-related delays - the R8-billion programme was designed to lift output by 2,5-million tons to 9-million tons a... 

Kumba unveils special unbundling dividend

3rd November 2006 Diversified miner Kumba Resources, which, later this month, will be split to form a black-controlled diversified miner and a pure iron-ore play, revealed on Friday that it would pay a special unbundling dividend of 185 c a share, following the approval of its empowerment transaction with Eyesizwe... 

Kumba fights Faleme battle on two fronts

By: Mariaan Webb     1st November 2006 Diversified-miner Kumba Resources told Business Day that Canadian mining company Lithos Corporation, which was suing the South African group for a breach of contract over an iron-ore project in Senegal, based its $196-million claim on what it believed it could have earned from the Faleme project. 

Mittal confirms fatality and output knock following Vanderbijl mill fire

By: Mariaan Webb     31st October 2006 South Africa's largest steelmaker Mittal Steel South Africa on Tuesday said that it had lost about 100 000 t of liquid steel production at its Vanderbijlpark plant, following a fire seven days ago, which led to the death of one contract worker. Spokesperson Tami Didiza said that a fire, which... 

Kumba rejects $196m Senegal legal claim

31st October 2006 South African iron-ore producer Kumba said that Lithos Corporation had served the company a legal summons, claiming $196-million for breach of contract in Senegal, West Africa. 

Spoornet gears up to meet 47Mt iron-ore target

By: Mariaan Webb     23rd October 2006 Railway utility Spoornet has entered into a R1,12-billion three-year locomotive-acquisition deal with Venus Railway Solutions for the supply of 32 new class 15E electric locomotives for the Sishen-Saldanha iron-ore line, CEO Siyabonga Gama announced on Monday. Venus is a special-purpose vehicle... 

Spoornet cuts iron-ore rail tempo to reduce Saldanha ship loader strain

By: Mariaan Webb     23rd October 2006 State-owned rail utility Spoornet has cut down the rail tempo of iron-ore from Sishen to Saldanha, in the Northern Cape, to 600 000 tons a week and CEO Siyabonga Gama said that it would only move back to 700 000 tons a week early next year. 

New draft incorporates exemptions and builds in 'flexibility' for small-medium firms

By: Terence Creamer     20th October 2006 The South African government is set to confirm broad-ranging exemptions form the broad-based black economic-empowerment (BBBEE) codes of good practice for micro and small businesses, as well as more flexible compliance thresholds for small-medium enterprises. 

Indian group rejects 'corruption cesspit'

By: Keith Campbell     20th October 2006 Reports from Zimbabwe increasingly suggest that the Indian company, Global Infrastructures, part of the Indian multinational group, Global Steel Holdings Ltd (GSHL), abandoned its contract to run the Zimbabwe Iron and Steel Company (Zisco) because of massive corruption at the State-owned... 

Sphere advances African iron-ore project

17th October 2006 ASX-listed Sphere Investments says its latest drilling campaign at the Guelb el Aouj east deposit, in Mauritania, has upgraded the mineral resource for to 701-million tonnes, from 450-million tons announced a year ago. 

Kumba disappointed by two-tier royalty on iron-ore

By: Mariaan Webb     13th October 2006 Africa's largest iron-ore producer Kumba Resources says it is “naturally disappointed” with the revised draft of the Mineral and Petroleum Resources Royalty Bill, arguing that an increase on royalties on unrefined iron from 2% to 4% would “significantly” affect the... 

DTI concerned about impact of higher steel prices, lower rebates

By: Terence Creamer     12th October 2006 The Department of Trade and Industry (DTI) says it is concerned about a possible double negative effect on those domestic steel users that manufacture steel products for export given news that South Africa's largest steel producer has not only raised prices three times in the past five months but... 

Mining industry pleased with cuts on royalty rates, but still has concerns

By: Mariaan Webb     12th October 2006 The revised draft of the Royalty Bill, released by Finance Minister Trevor Manuel on Wednesday, was welcomed by South Africa's mining industry, but the Chamber of Mines chief economist Roger Baxter said that the were still some areas of concern. In an interview on Thursday, he said that... 

Refractories giant set to move ahead with R65m SA smelting project

By: Terence Creamer     10th October 2006 The world's largest refractory-materials manufacturer, RHI Group of Austria, has approved an initial R65-million project for the construction of a new fusion plant at Isithebe, Kwazulu-Natal. In an announcement made on Tuesday, the company said it would establish a smelting plant, comprising two... 

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