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ArcelorMittal's coal miners stage sit-in at four mines in Kazakhstan

By: Reuters     11th December 2017 About 200 coal miners in Kazakhstan refused to leave four mines operated by a unit of ArcelorMittal at the end of their shift on Monday and staged a sit-in, the company said in a statement. ArcelorMittal Temirtau said it was in talks with the miners' trade union, without providing any further... 

Indian steel firms can meet railways' needs - government panel

By: Reuters     27th November 2017 Indian steel companies can meet the needs of the country's railways and local rail market entrants such as Jindal Steel and Power should be given a chance, a government panel said in a document seen by Reuters. Jindal Steel told the committee this month it could supply up to 600 000 tonnes of... 

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... 

Ministers serve at the pleasure of the president – Davies

By: News24Wire      18th March 2016 Trade and Industry Minister Rob Davies has downplayed reports that a cabinet reshuffle, in which he would be removed from his post, was imminent. "Ministers serve at the pleasure of the president and the president is the only person who can hire or fire ministers," his spokesperson, Sidwell... 

Guptas want to remove Rob Davies – SACP

By: News24Wire      17th March 2016 The South African Communist Party (SACP) claimed on Thursday that another "Gupta-inspired" Cabinet reshuffle was imminent and would see Trade and Industry Minister Dr Rob Davies removed from his post. The plan was to allegedly replace Davies with a "recently sworn in ANC MP and businessperson",... 

Augusta Steel

By: Zandile Mavuso     26th February 2016 Situated in Boksburg, in Gauteng at a 25 000 m² processing operation plant, steel processing company Augusta Steel’s plant has the capacity to handle coils of rolled steel of up to 30 tons. 

ArcelorMittal Kryviy Rih continues to rely on SMS group and orders third coil compactor in close succession

     26th October 2015 Company Announcement - ArcelorMittal Kryviy Rih, Ukraine, has placed an order with SMS group www.sms-group.com for the supply of a further horizontal coil compactor for its two-strand wire rod mill. After successful commissioning of a new coil compactor in 2013 and a second one in 2014,... 

Filteg

     23rd October 2015 Filtration specialist and filtration products provider Filteg boasts a combination if skills, versatility, experience and top-quality equipment that give the company a distinct advantage over other companies handling similar types of equipment. Filteg services a broad range of clients across... 

Local pumps manufacturers benefit from falling rand

By: David Oliveira     2nd October 2015 While South Africa faces a list of crises, including unstable electrical supply, stumbling economic growth and labour unrest in many sectors, the weak rand presents challenges and opportunities for South African pump companies, says the Southern African Pump Systems Development Association... 

PPE solutions provider introduces new vending solution

By: Nadine James     2nd October 2015 Personal protective equipment (PPE) management solutions provider Select PPE has introduced an improved version of its PPE vending machine that provides all the benefits of an on-site store. Select PPE sales director Dries van Tonder tells Engineering News that the latest model, which was... 

Industrial elements manufacturer upgrades technology  

By: Dylan Stewart     18th September 2015 Benoni-based industrial elements manufacturer Independent Elements is adopting a number of new technologies that will enhance the reliability of the company’s product range, says Independent Elements chairperson Harry Flowers. 

Labour, business in bid to stop steel jobs bloodbath 

By: News24Wire      21st August 2015 Labour and business were scheduled to meet with government representatives in Pretoria on Friday in a bid to stem massive job losses the steel sector faces in the coming months. "The meeting was requested by labour and business amidst the looming jobs loss bloodbath" in the steel sector, said the... 

National Treasury aiming to implement carbon tax in mid-2016

By: Irma Venter     21st August 2015 The implementation of carbon tax in South Africa was set for the middle of next year, says National Treasury chief director of economic tax analysis Cecil Morden. “We are currently busy with the legislation, and we hope to have that legislation out within the next month or two. We are nearly... 

The state of duty protection in South Africa

     14th August 2015 The tough economic environment in South Africa over the past few years has served as a catalyst for protectionist pressures. Increasing import competition has further flamed calls for protection from various industries. According to the press, steelmaker ArcelorMittal recently lodged a normal... 

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