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ArcelorMittal sees global steel demand drop on Ukraine war
5th May 2022 By: Bloomberg

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... 


BEYOND TECHNOLOGY
Companies often believe that the Fourth Industrial Revolution is all about technology, failing to see that it is actually about a new way of working
Mining leader in S Africa’s 4IR transformation
22nd April 2022 By: Tracy Hancock

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 buffeted by rising costs as turbine launch problems deepen
20th April 2022 By: Reuters

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... 


Seifsa CEO Lucio Trentini
Seifsa’s Trentini says government needs to roll out infrastructure spend
13th April 2022 By: Darren Parker

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... 


ArcelorMittal South Africa CEO Kobus Verster
ArcelorMittal studies 100 MW renewables projects for Gauteng and Western Cape
13th April 2022 By: Terence Creamer

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 speaking at the launch of the Steel Master Plan in 2021
Scaw CEO attributes R2bn steel mill investment to scrap certainty created by master plan
6th April 2022 By: Terence Creamer

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... 


BHP's Spence mine
Metals, new mine investment required now to support future energy transition
5th April 2022 By: Donna Slater

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.... 


Kogi raises $5m for Nigeria iron project
30th March 2022 By: Darren Parker

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... 


Macsteel CEO Mike Benfield
Steel Master Plan to remain ineffectual unless focus is narrowed, Macsteel CEO warns
28th March 2022 By: Terence Creamer

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... 


AMSA shuts furnace over rail troubles and grapples with pricing impacts of Russia-Ukraine conflict
17th March 2022 By: News24Wire

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... 


A table with the latest global commodity spot prices
Weekly Commodities Market Wrap
14th March 2022

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,... 


An image of steel based construction
Foundation aims to build businesses
4th March 2022

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... 


Company proposes solution for steel plants
4th March 2022 By: Anna Moross

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... 


An image of the COMIR Industrial SA Actum Group team
Acquisition to boost company’s steel aspirations
4th March 2022 By: Anna Moross

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... 


An image of Stewarts & Lloyds steel and tube supplies
Changes in steel industry create challenges
4th March 2022 By: Anna Moross

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’s State-owned miner selected to revive steel firm
23rd February 2022 By: Bloomberg

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... 


Fitch revises short-term iron-ore price outlook higher on China stimulus
21st February 2022 By: Schalk Burger

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... 


A red roof made of Y8 Rebar bent at various angles to create a Swoosh effect for client Nike at the Shapa Soweto Training Centre
Challenging project brings Swoosh to Soweto
18th February 2022 By: Halima Frost

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,... 


What conflict in Ukraine would mean for oil, gas and food
15th February 2022 By: Bloomberg

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... 


ArcelorMittal South Africa CEO Kobus Verster
ArcelorMittal South Africa reports best earnings since 2008, but Transnet poses threat to outlook
10th February 2022 By: Terence Creamer

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... 


South African Wind Energy Association chair Mercia Grimbeek
SAWEA chair sees 100 MW reform unlocking wind investments in Mpumalanga
28th January 2022 By: Terence Creamer

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... 


Macsteel business launched to support construction industry
26th January 2022 By: Schalk Burger

Steel products distributor Macsteel has established Macsteel Foundation Solutions, which provides customers in the construction industry with steel-based construction and innovative lateral support... 


Green primary iron made in South Africa could help global steelmakers lower the cost of their decarbonisation efforts
Green primary iron could help South Africa offset fall in coal export revenues – study
26th January 2022 By: Terence Creamer

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... 


Global steel production increased by 3.7% y/y in 2021
26th January 2022 By: Schalk Burger

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... 


MSI assists young people with business development skills
25th January 2022 By: Yvonne Silaule

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... 


Tami Didiza
Opinion: Steelmaking remains a key strategic industry for South Africa
21st January 2022

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... 


Duferco Steel Processing MD Ludovico Sanges
Opinion: Localisation – beware unintended consequences
18th January 2022

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... 


Plan for decades of high commodity prices, BlackRock says
13th January 2022 By: Bloomberg

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... 


An iron-ore mining operation
Iron-ore sees solid first week of 2022 on China demand hopes
7th January 2022 By: Reuters

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... 


An image of Mark Cutifani
Anglo looks to green steel development as one measure to reduce Scope 3 emissions
13th December 2021 By: Donna Slater

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,... 


Magazine Cover Image
As global steel industry mulls sustainable solutions, SA urged to ‘green’ iron-ore
10th December 2021 By: Nadine James

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... 


Iberdrola, H2 Green Steel plan mega green hydrogen plant
2nd December 2021 By: Reuters

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... 


Steel’s path to go green will cost industry up to $278bn
1st December 2021 By: Bloomberg

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... 


Zinc anti-corrosion coatings offer long-lasting protection
29th November 2021 By: Donna Slater

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... 


Global steel production down 10.6% y/y in Oct - worldsteel
23rd November 2021 By: Schalk Burger

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 could compete with gray in a decade, Engie says
17th November 2021 By: Bloomberg

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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