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Iron-ore’s stunning surge won’t fade anytime soon because buyers remain nervous about being caught short as global demand accelerates amid lingering supply threats, according to a veteran...
Iron-ore futures leaped higher as trading opened on Monday, extending a record run amid rampant Chinese demand and a wider surge in commodity prices as the global economy recovers. Futures in...
A surge in steel consumption as the world emerges from its pandemic-induced slump is set to drive iron-ore to an unprecedented high as the biggest miners struggle to keep up with the frenzied pace...
Desmond Maharaj has resigned as CFO and executive director of steelmaker ArcelorMittal South Africa (AMSA) to pursue personal opportunities outside of the business. AMSA expects Maharaj to step...
The Biden administration faces a major dilemma in its dispute with the European Union over Trump-era steel and aluminum tariffs: back down to avoid acute pain for Harley-Davidson Inc and whiskey...
China stepped up its drive to rein in steel production and fight rocketing iron ore prices by canceling import taxes on some steelmaking materials and raising costs for exporters. Import fees on...
Chinese steel futures closed at all-time highs on Monday, underpinned by robust demand and concerns over production curbs, while benchmark iron ore prices hit record highs, fuelled by structural...
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 169.2-million tonnes in March, marking a 15.2% increase year-on-year. Global crude steel...
Iron-ore prices in Asia pushed higher on Monday as strengthening global steel demand buoyed sentiment, and as Chinese steel mills continued to ramp up output despite the government's scrutiny of...
Industry body the World Steel Association (worldsteel), in its 'Short Range Outlook for 2021 and 2022', forecasts that steel demand will grow by 5.8% to 1.87-billion tonnes this year. In 2022,...
Special alloys company Multi Alloys will merge with EMVAfrica to become a specialised division of the stainless steel products and valves company on May 1. The merged businesses will give...
A Swedish joint venture that aims to remove fossil fuels from steelmaking is planning on establishing its first demonstration plant in 2026. Hybrit, an initiative run by steelmaker SSAB, iron-ore...
Global crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) increased by 4.1% year-on-year to 150.2-million tonnes in February. Worldsteel reports that...
In the second part of its special coverage on the impact of hydrogen on the mining and metals sector, Fitch Solutions Country Risk & Industry Research (Fitch Solutions) reports that it believes...
China's Tsingshan Holding Group is set to start developing an iron ore mine and a carbon steel plant in Zimbabwe from May, the African country's information minister said late on Tuesday, three...
Engineering solutions provider BMG has been appointed as the exclusive distributor of Swagefast fastening systems in Africa, including South Africa. “This means that BMG will have the capacity to...
Industry body the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has partnered with funding consulting firm VennCap Business Solutions to assist metals and engineering...
Crude steel production for the 64 countries that provide data to the global industry body the World Steel Association (worldsteel) increased by 4.8% year-on-year to 162.9-million tonnes in January....
Global crude steel production reached 1 864-million tonnes (Mt) for the year 2020, which is down by 0.9% compared with 2019, steel industry association the World Steel Association stated in a press...
The Steel and Engineering Industries Federation of Southern Africa (Seifsa) is concerned about the slow pace of recovery in the manufacturing sector, as depicted by the manufacturing Purchasing...
High temperatures, molten metals and heavy loads are some of the challenges faced during steel production, says industrial instrumentation and automation multinational Endress+Hauser.
Entries are open for the seventh annual Steel and Engineering Industries Federation of Southern Africa (Seifsa) Awards for Excellence and the federation is calling on all companies within the...
Wear-resistant chromium carbide-clad liner plates manufacturer Rio-Carb has aligned itself with the ISO14001 environmental management system to benchmark its manufacturing processes by following...
Swedish steel venture H2 Green Steel is planning to build a fossil fuel-free steel plant in the north of Sweden, including a sustainable hydrogen facility, with production starting in 2024, it said...
South Africa is apprehensive about striking a new trade deal with the US and would rather maintain existing relations with the world’s largest economy, the nation’s top trade official said. South...
Industry body the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has called for the finalisation and speedy implementation of the Steel Master Plan, which it believes will...
Steel merchant Macsteel has committed to its paying small- and medium-sized enterprise (SME) suppliers within 30 days, in a bid to contribute to the growth of this critical sector of the South...
Steelmaker ArcelorMittal South Africa (AMSA) return to profit in the second half of its 2020 financial year on the back of steel-shortage-induced price rises that negatively affected many domestic...
Diversified miner BHP has signed a memorandum of understanding (MoU) with Japanese steel producer JFE Steel to jointly study technologies and pathways capable of making material reductions to...
The recent global rally in steel prices will be short-lived, with prices starting to decline towards the end of the first quarter of 2021, as steelmaking production continues to be restarted. Vast...
Steel producer ArcelorMittal South Africa (AMSA) reported on Thursday that it would increase output at its Vaal Meltshop electric arc furnace (EAF), in Vereeniging, to help address prevailing steel...
A new global partnership has been formally launched in an effort to accelerate the decarbonisation of seven heavy industrial and transport sectors that together represent 30% of global...
Mining magnate Andrew Forrest has pledged iron-ore major Fortescue to a green energy future, unveiling plans for green steelmaking in the Pilbara. In the first ABC Boyer Lecture for 2021, which...
In this tribute, Macsteel Global chairperson Mick Davis reflects on the life and contribution of Eric Samson, who he describes as softly spoken, compassionate and generous. It is with great...
Steel magnate Eric Samson, best known for building Macsteel into one of South Africa's largest companies, has died aged 83. The octogenarian billionaire – who shied away from the spotlight...
Unless import duties are reduced or made null for a period of time, steel shortages will continue to plague the domestic market, the National Employers Association of South Africa (Neasa) argues....
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