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ArcelorMittal expects global steel consumption to contract this year as Russia’s invasion of Ukraine slows the economic rebound from the pandemic. Demand for steel -- a key barometer for global...
While the South African mining industry in many aspects is leading the country’s Fourth Industrial Revolution (4IR), the manufacturing sector is not as quick to adopt to new ways of working and the...
Siemens Gamesa is discussing raising prices for its wind turbines by more than a high single-digit percentage in some cases as it grapples with stubbornly lofty raw materials prices, CE Jochen...
Government needs to roll-out its promised infrastructure spend as it is central to reigniting industrial capacity in the domestic steel sector, Steel and Engineering Industries Federation of...
Steel producer ArcelorMittal South Africa has initiated feasibility studies for two 100 MW renewable energy projects to supply electricity to its existing facilities in Gauteng and the Western...
Scaw Metals CEO Doron Barnes has attributed the company’s recent decision to invest R2-billion in a new hot-strip steel mill, in Gauteng, directly to the steel master plan, which he insists has the...
Despite the significant energy intensity required to mine metals, the commodities are still “essential for the energy transition to succeed”, says BHP market analysis and economics VP Dr Huw McKay....
ASX-listed Kogi Iron has announced a $5-million capital raising programme, comprised of a $1.73-million share placement and an upcoming share purchase plan (SPP) to raise up to $3.3-million. Kogi...
Without far greater focus and prioritisation, Macsteel CEO Mike Benfield believes the Steel Master Plan will remain captive to high levels of ambition with limited real-world effectiveness. There...
Transnet's poor performance has forced ArcelorMittal South Africa (AMSA) to shut off a blast furnace for three weeks while the steelmaker has also warned customers that the Russia-Ukraine conflict...
ENERGIES - Coal markets had a wild ride last week, with Richards Bay Coal Terminal physical prices reaching a high of around $450/mt, before coming back down to around $380. As we said previously,...
Manufacturer, merchandiser and distributor of steel Macsteel has established Macsteel Foundation Solutions, a business born of the company’s strategy to reimagine and re-engineer its business model...
Steelmakers globally are being pressured to reduce their carbon emissions, and the enhanced blast furnace is an “interesting solution” to ensure a reduced carbon footprint for steel plants, says...
With the acquisition of steel producer COMIR Industrial SA in November 2021, specialised importer and distributor of industrial and electronic products in Southern Africa, Actum Group, aims to...
The steel sector has evolved over the past few years and steel and tube supplier Stewarts & Lloyds branch manager Richard Horsley says this is evident from the supply chain to the end-user.
Zimbabwe has selected Kuvimba Mining House, a State-owned company, which has been shrouded in controversy, to revive one of the continent’s largest steel mills. The miner, which already has vast...
Business intelligence firm Fitch Solutions Country Risk and Industry Research is revising its 2022 iron-ore price forecast upwards, from $90/t to $120/t, and its 2023 forecast, from $75/t to...
Steel and tube supplier Stewarts & Lloyds Robertville has successfully completed a steel fabrication project for global brand Nike in the newly developed Shapa Soweto Training Centre, in Soweto,...
Tensions over Ukraine are entering a critical period, driving up prices of raw materials key to the global economy, and piling pressure on governments already struggling with surging inflation. The...
Steel producer ArcelorMittal South Africa (AMSA) has reported its best financial performance since 2008, with headline earnings surging to R6.86-billion in 2021 from a R2-billion loss in 2020. No...
The chairperson of the South African Wind Energy Association (SAWEA) says the industry is well placed to take advantage of both the 100 MW reform and recent moves to release 36 000 ha of Eskom land...
Steel products distributor Macsteel has established Macsteel Foundation Solutions, which provides customers in the construction industry with steel-based construction and innovative lateral support...
Producing carbon-free primary iron in South Africa using green hydrogen direct reduced iron (GHDRI) technology could create a new globally competitive green export industry that could help offset...
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) reached 1.95-billion tonnes in 2021 – a 3.7% year-on-year increase. China produced...
The Mpumalanga Stainless Initiative (MSI) will from next week run an entrepreneurship programme to assist young people to effectively start businesses or scale up existing small businesses into...
In this opinion article, ArcelorMittal South Africa (AMSA) stakeholder management and communications group manager Tami Didiza writes about the state of the South African steel industry, trade...
The growing consensus that localisation is some sort of silver bullet that will solve our economic and job creation woes is misplaced, writes Duferco Steel Processing MD Ludovico Sanges, adding...
Commodities prices may stay high for decades as mining companies struggle to keep up with demand from the energy transition, according to BlackRock’s Evy Hambro. Raw materials, and shares of some...
Iron-ore was poised to book solid gains for the week, despite a mixed morning session in Shanghai on Friday, as traders returned from New Year holidays feeling optimistic about demand prospects in...
Efforts in the steel industry to increase the metal’s environment friendliness – a process known as “green steel” – will assist diversified miner Anglo American in reducing its Scope 3 emissions,...
Producing ‘green steel’ in South Africa might be a distant dream, but exporting ‘green iron-ore’ is achievable in the medium term, says Afriforesight materials engineer and project innovation...
Global wind power group Iberdrola and Swedish startup H2 Green Steel plan to build a vast renewable hydrogen plant on the Iberian peninsula to power the production of iron used to make steel with...
The world’s steel industry could eliminate its greenhouse gas emissions by 2050 through ramping up recycling, using hydrogen for fuel and capturing carbon from older plants, according to a...
Various methods of applying zinc films to steel items offer unique and long-lasting anti-corrosion benefits, according to various zinc experts who spoke during a webinar hosted by Creamer Media...
World crude steel production for the 64 countries reporting to industry body the World Steel Association (worldsteel) was 145.7-million tonnes in October, a 10.6% decrease compared with October...
Green hydrogen, a clean energy source made from water and renewable power, could become competitive in a decade, according to French utility Engie. That relies on Europe setting up the necessary...
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