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Steel Industry

Finnish steelmaker launches North American operations

Finnish steelmaker Ruukki on Tuesday opened a US headquarters in Pittsburgh, Pennsylvania, and a new Canadian headquarters in Toronto, as it expands in North America. Kevin Kale, who the company said has 17 years of experience in the steel...
19th November 2013

India’s Steel Ministry moots new JV to boost supply linkages for steel industry

India’s Steel Ministry has mooted a proposal for a joint venture (JV) between iron-ore miner NMDC Limited and Orissa Mining Corporation (OMC) to offer stronger iron-ore supply linkages to domestic steel producers. Noting that the steel industry...
8th October 2013
Boart Longyear

Boart Longyear Receives International Mining Hall of Fame Nomination PDF Available

Boart Longyear, the world’s leading provider of integrated exploration drilling services, equipment and performance tooling, is proud to announce that Edmund J. Longyear has been nominated in the exploration category for the International Mining...
8th August 2013
News This Week

Creamer Media publishes Steel 2013: A review of South Africa's steel industry electronic report

The global steel industry experienced a challenging year in 2012, with the World Steel Association, which represents steelmakers in 62 countries, reporting that apparent steel consumption increased only 1.7% in 2012, a sharp drop from the 7.4%...
24th July 2013

SA’s leading steel producer gears up for carbon-tax battle

Steel producer ArcelorMittal South Africa (Mittal) has again warned that the National Treasury’s proposed carbon tax will have a yearly negative financial impact on the company of between R600-million and R650-million. It has also confirmed that...
4th June 2013
Centaurus Metals Limited

Company Announcement: Centaurus Updates Jambreiro Project Development Schedule PDF Available

Centaurus Metals Ltd advises that, as a result of positive recent developments with its ongoing negotiations for product off-take, it has revised its target schedule for development of its flagship Jambreiro Iron Ore Project in south-east Brazil
28th May 2013

Offtake negotiations delay Jambreiro by six months

Iron-ore developer Centaurus Metals has pushed back the development schedule of its flagship Jambreiro project, in Brazil, from the end of 2013 to mid-2014. ASX-listed Centaurus said on Tuesday that it had revised its timeline for development to...
28th May 2013

Indian govt rejects scrapping import duty on iron-ore

The Indian government has rejected the domestic steel industry’s demand that iron-ore imports be exempted from custom duty levies in the wake of a shortage of the raw material from domestic sources. According to a Finance Ministry statement, the...
15th May 2013

India’s chamber of commerce wants iron-ore import duty cancelled

Indian industry representative body, the Associated Chamber of Commerce and Industry (Assocham), has approached the Finance Ministry in an effort to correct the inverted import duty structure in the steel industry, where raw materials were...
21st March 2013

IDC sees big cogen potential as 8 MW SACC plant opens

South African mineral smelters and chemical plants have the potential to generate more than 2 000 MW of electricity from hot gases, Industrial Development Corporation (IDC) CEO Geoffrey Qhena said at the official launch of the SA Calcium Carbide...
20th March 2013
Creamer Media on SAfm

08/03/2013 (On-The-Air) Audio Available

By generating its own electricity at low cost, BHP Billiton has been able to go ahead with a billion rand project to beneficiate locally mined manganese; Acid mine drainage (AMD) another big issue at the mines. Work has begun on the construction...
8th March 2013

China’s interest in Africa picking up as its economy recovers

The year 2011 saw a staggering increase in Chinese mining investments in Africa. Whereas these had totalled some $1.5-billion at the end of 2010, by the conclusion of 2011 the figure had rocketed to $15.6-billion. Africa has become the site of...
22nd February 2013
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