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Africa expansion can boost local industry growth

By: Erin Steenhoff-Snethlage     6th July 2018 With South Africa being under new leadership since Cyril Ramaphosa became president, Alberton-based steel supplier and value-added processing company Allied Steelrode executive director Warne Rippon says that policy direction now finally appears to be heading in a positive and clear direction,... 

Company hits 500 mark in sales

By: Halima Frost     15th June 2018 Over the past 23 years, industrial services company The Dickinson Group has sold more than 500 specialised stud welding machines, says company refractory anchor division manager Miles Simpson. The machines were provided by Germany-based welding machine suppliers Soyer and UK-based welding... 

Troubled economy creating some new opportunities, says Afrimat boss

By: Irma Venter     24th May 2018 “The fact that ArcelorMittal, Aveng, Group Five and Basil Read today have a smaller combined market capitalisation than a ‘little’ quarry company such as Afrimat, shows you that the economy is in trouble,” says Afrimat CEO Andries van Heerden. “Not long ago any one of them was twenty times our... 

EU starts new investigation into steel imports from China

By: Reuters     24th May 2018 The European Commission has opened an investigation into hot-rolled steel sheet piles imported from China to determine whether they are being dumped in Europe, according to a notice in the EU Official Journal on Thursday. The investigation into a form of steel used in construction was launched... 

ArcelorMittal studies lower grade iron-ore project in Liberia

By: Mariaan Webb     11th May 2018 With mining having started at the new Gangra direct shipping ore (DSO) deposit in Liberia, global steel and mining major ArcelorMittal is taking another look at the lower grade resources at its Tokadeh mine. The company has started a feasibility study to assess the optimal concentration solution... 

Brink produces 350 000th tow bar, mulls importing steel

By: Irma Venter     9th May 2018 Brink Towing Systems this month produced its 350 000th tow bar at its plant in KwaZulu-Natal. The Pietermaritzburg-based company is a manufacturer and importer of towing solutions. 

Bell laments import duties on steel, tyres; Kamaz assembly could start in 2019 

By: Irma Venter     19th April 2018 “South African manufacturers are paying 22% too much for their steel; whether you are making lamp posts or electrical cabinets, you are not going to pay what you would pay on the global market,” says Bell Equipment CEO Gary Bell. Bell Equipment manufactures six lines of capital equipment,... 

ArcelorMittal Lázaro Cárdenas hot strip and hot skin pass mills, Mexico

By: Sheila Barradas     23rd March 2018 The project aims to allow for ArcelorMittal to process the slabs produced at its work site.  

Europe's firm response to stop short of trade war with Trump

By: Reuters     2nd March 2018 The firm response Europe has pledged to planned US tariffs on steel and aluminium imports is likely to stop short of triggering the trade war that open market supporters fear. US President Donald Trump said on Thursday the United States would apply duties of 25% on imported steel and 10% on... 

Trump trade war talk spooks emerging stocks

By: Reuters     2nd March 2018 Emerging market stocks fell to two-week lows on Friday, with steelmakers taking a pounding after President Donald Trump said he would impose hefty tariffs on US imports of steel and aluminium, reviving fears of a trade war. Trump said the duties of 25% on steel and 10% on aluminium would be... 

Steel workers approve Thyssenkrupp-Tata Steel labour deal – source

By: Reuters     5th February 2018 Steel workers at Thyssenkrupp have voted in favour of a labour agreement that will safeguard jobs and plants in a planned joint venture with Tata Steel, a person familiar with the matter told Reuters on Monday. About 20,500 members of German union IG Metall had been asked to vote on the... 

ArcelorMittal to spend C$70m to upgrade Quebec-based Contrecoeur mill

By: Henry Lazenby     24th January 2018 Multinational steel producer ArcelorMittal will spend C$70-million to 2020 to upgrade its Contrecoeur steel mill, in Quebec. The upgrade plans include expanding rolling capacity by 100 000 t/y by replacing two reheating furnaces at its Contrecoeur-East wire rod mill for about C$30-million, and... 

ArcelorMittal says Kazakh coal miners end strike

By: Reuters     15th December 2017 Coal miners at steelmaker ArcelorMittal's Kazakh unit have ended their sit-in and emerged from the mines, the company said on Friday, after offers of a pay rise and the threat of legal action. ArcelorMittal Temirtau, the Central Asian nation's biggest steel mill, said it would continue... 

ISO Bearings

10th November 2017 Boksburg-based bearings supplier ISO Bearings is the South African importer and distributor of the ISO and LYC bearings brands and ancillary equipment. The company’s product portfolio offers solutions for the mining, agriculture, general engineering, earthmoving, food processing,  railways and... 

International recognition for SA stainless steel innovation

27th October 2017 The Southern Africa Stainless Steel Development Association (Sassda) was awarded the Bronze Award by the International Stainless Steel Forum (ISSF) in the category of Best New Applications Featuring New Technology, for the development of municipal water storage tanks that were made from 3 chrome... 

ArcelorMittal trusts in SMS group to modernize the hot strip mill at Dunkirk

27th September 2017 Finishing mill to be equipped with modern actuators for setting strip geometry SMS group www.sms-group.com has received from ArcelorMittal Atlantique et Lorraine an order for the modernization of the hot strip mill at Dunkirk, France. The modernization covers the installation of the CVC®plus... 

Sanral reveals cause of N3 pedestrian bridge collapse

By: Anine Kilian     6th September 2017 The collapse of the Geldenhuys pedestrian bridge on the N3 last month was caused by an impact force on the pier in the median of the highway, an investigation commissioned by the South African National Roads Agency Limited (Sanral) has established.   An independent investigation into the incident... 

Burns Harbor hot-strip mill upgrade project, US

By: Sheila Barradas     11th August 2017 ArcelorMittal Burns Harbor operates two blast furnaces and can produce about five-million tons of raw steel a year. 

Black Iron reinvigorates Ukraine iron-ore project on favourable exchange rate

By: Mariaan Webb     20th July 2017 Canadian explorer and developer Black Iron will develop a new preliminary economic assessment (PEA) for its Shymanivske iron-ore project, in Ukraine, to take into account the favourable exchange rate and a phased development plan. Instead of a 9.9-million-ton-a-year operation, as considered in... 

Cliffs starts production of Mustang superflux pellets at United Taconite

By: Henry Lazenby     17th May 2017 US iron-ore producer Cliffs Natural Resources on Tuesday started production of the new Mustang superflux pellet at its United Taconite mine, in Minnesota. The start-up of new production equipment, including supporting infrastructure, occurred on schedule after nine months of construction, and... 

Nevsun appoints industry veteran Kukielski as president, CEO

By: Henry Lazenby     9th May 2017 Base metals producer Nevsun Resources has appointed 30-year mining veteran Peter Kukielski as its new president and CEO, effective May 12, to replace outgoing Cliff Davis, who announced his intention to retire earlier this year. Most recently, Kukielski was employed as the CEO of Anemka Resources... 

Despite Q1 net loss, iron-ore rebound boosts Cliffs sales

By: Henry Lazenby     27th April 2017 US iron-ore producer Cliffs Natural Resources has reported surging sales for the three months ended March, as improved demand pushed prices higher after years of declines. First quarter sales jumped 51% to $462-million also because of increased sales volumes and seaborne iron-ore prices. Revenue... 

Solidarity protects local steel industry

By: Marleny Arnoldi     3rd March 2017 Following the National Treasury’s instruction last month that State-owned entities must use 100% locally manufactured structural steel last month, trade union Solidarity says it will act as a watchdog to ensure that this happens.  

Sasfa marks ten years of LSFB developments in SA

By: Marleny Arnoldi     3rd March 2017 In celebrating its tenth anniversary, the South African Light Steel Frame Building Association (Sasfa), has decided to compile an informative ten-year anniversary publication to highlight the significant achievements and developments in the light steel frame building (LSFB) industry to date. 

ArcelorMittal Bremen to install new HD spray system developed by SMS group in its continuous caster

14th February 2017 ArcelorMittal Bremen has placed an order with SMS group www.sms-group.com to supply the newly developed HD spray system with air-mist cooling for its continuous slab caster. The modification at the two-strand vertical bending machine is to be completed during a plant shutdown scheduled for the... 

Former Alderon chief executive rejoins board

By: Henry Lazenby     25th January 2017 The former president and CEO of Canadian project developer Alderon Iron Ore, Tayfun Eldem, has rejoined the company’s board with immediate effect, replacing John Baker, who had been with Alderon since 2010. The TSX-listed company stated on Tuesday that Eldem was Alderon's president and CEO until... 

TFR opens steel hub to encourage rail transport 

By: Natasha Odendaal     5th December 2016 Transnet Freight Rail (TFR), in conjunction with ArcelorMittal South Africa (AMSA), Barloworld and Grindrod Logistics, have launched a ‘steel hub’ at TFR’s Elandsfontein yard to migrate steel volumes that are being transported by road back onto rail. Two years after first deliberations, last week... 

ArcelorMittal Zenica d.o.o. produces compact rebar coils on new VCC® line from SMS group

17th November 2016 The VCC® (Vertical Compact Coiler) line, which SMS group www.sms-group.com supplied to ArcelorMittal Zenica d.o.o., Bosnia and Herzegovina, has successfully passed its performance tests. The new line has been designed to produce compact coils at an hourly throughput of 60 tons. The VCC® line... 

Liberty House said to bid for Arrium's assets

By: Bloomberg     18th October 2016 Liberty House Group is among bidders to have submitted an offer for the steel and iron-ore assets of Australia’s Arrium, according to people with knowledge of the process. The London-based steelmaker and metals trader made a non-binding proposal, the people said, requesting anonymity as the... 

China to proceed with biggest steel merger in almost a decade

By: Bloomberg     20th September 2016 Two of China’s biggest steelmakers agreed to merge their listed units, moving a step closer to a union that would create the nation’s biggest mill and a company with the scale to rival ArcelorMittal. The publicly traded arm of Shanghai Baosteel Group, the second-biggest Chinese mill by output,... 

Amid low prices and weak demand, steel protectionism goes global

By: Bloomberg     26th August 2016 From the US to India, regulators around the world are pushing harder than ever to shield local steel industries from foreign competition. Nations imposed 85 new duties and other taxes on steel imports in the first half, according to the Russian Steel Association, which counted preliminary and... 

Cliffs’ Q2 revenues remain flat y/y

By: Anine Kilian     2nd August 2016 NYSE-listed iron-ore producer Cliffs Natural Resources’ second-quarter consolidated revenues for 2016 remained relatively flat at $496-million, compared with the prior year's second-quarter revenues of $498-million. The company recorded a net income of $30-million from continuing operations for... 

Waterberg rail supply disappoints Exxaro

By: Martin Creamer     28th June 2016 Rail supply in the Waterberg region since the beginning of the year has been disappointing, Exxaro Resources said on Tuesday. The JSE-listed company reported receiving only 3.5 trains a week from Transnet Freight Rail instead of the required five, a situation likely to persist until the... 

Finalists Announced for 5th annual Standard Bank Rising Star Awards

24th June 2016 After receiving hundreds of entries and going through thousands of pages of nominations, motivations and verifications, the finalists for the 5th Annual Standard Bank Rising Star Awards have been announced! Over the past four years, these awards have been identifying, recognising and celebrating... 

Best metal bond gets even better as Cliffs cashes in on rally

By: Bloomberg     17th June 2016 Cliffs Natural Resources’ borrowing costs fell to the lowest in almost two years as it capitalised on the best stock rally among iron miners to raise money and declared itself out of the woods after a price rout. The Cleveland-based company’s notes due 2018 rallied Thursday, pushing down its... 

Rio Tinto to buy back $1.7bn of 2018 bonds to reduce debt

By: Bloomberg     15th June 2016 Rio Tinto Group will repurchase about $1.7-billion of bonds, its second buyback in about two months, as it seeks to cut debt. The world’s second-largest mining company is buying back $943-million of 6.5% notes due in July 2018 and $804-million of 2.25 percent securities maturing in December the... 

MPs demand to see Davies over steel price hikes

By: African News Agency      24th May 2016 Opposition MPs on Tuesday accused Trade and Industry Minister Dr Rob Davies of turning a blind eye to repeated steel price increases and demanded that he be called to explain government’s inaction. Democratic Alliance MP Dean McPherson said four steel price increases so far this year violated an... 

Responsible mining standards published ahead of global certification programme launch

By: Samantha Herbst     5th April 2016 The Initiative for Responsible Mining Assurance (IRMA) has published the second and revised draft of its Standard for Responsible Mining, which it released on Tuesday for public comment and a sixty-day review.The standard would form part of a multisector effort to certify the social and... 

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