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Steel Producer

Barend Petersen appointed Evraz Highveld chair

Barend Petersen Barend Petersen has been appointed nonexecutive director and chairperson of Evraz Highveld Steel & Vanadium. This comes after London-listed Evraz last week announced that it would sell a 34% stake in the steel producer to South Africa-based...
20th August 2014

AMSA to take $20m knock on Newcastle delay

Steel producer ArcelorMittal South Africa (AMSA) has confirmed that the reline project at its Newcastle mill, in KwaZulu-Natal, has hit snags and that the project, which was initially expected to be completed four months after the May 12 shutdown...
1st August 2014

India sets target for captive coal mining production

India’s Coal Ministry has set a captive coal production target of 68-million tonnes during 2014/15 from all blocks allocated to various companies for own fuel use. According to a Coal Ministry circular, “the production target has been set and...
28th July 2014
Ferrous Metals

Increased demand for wear solutions

Nordbak has developed a new ceramic pipelining to ensure the cost effectiveness of pipelines at iron-ore mines
South African wear and corrosion solutions provider Nordbak says there has been a significant increase in demand for its lagged pulleys and ceramic pipe linings from South African iron-ore mines over the past two years. “The significant increase...
25th July 2014

India’s JSW Steel to import 6Mt iron-ore, first shipment left SA last week

Indian steel producer JSW Steel Limited would import six-million tonnes of iron-ore during 2014/15 to tide over a domestic shortage of the raw material. “It is an irony that India has to import iron-ore despite having large resources of it,”...
10th July 2014

Indian Steel Ministry claims discrimination

The Indian Steel Ministry has raised the issues of competitiveness of domestic steel producers or rather the erosion of it, with the Prime Minister, claiming discrimination against the industry. In a presentation to Prime Minister Narendra Modi,...
30th June 2014

Platinum strike to have largest impact on March mining production

The ongoing industrial action in the platinum sector would have the largest impact on mining production figures for the month of March as well as the first quarter of 2014, banking group Investec economist Kamilla Kaplan said on Monday. In its...
12th May 2014

Mining strike aggravates already weak SA steel market – AMSA

South Africa’s largest steel producer ArcelorMittal South Africa (AMSA) does not expect South Africa’s weak domestic steel market to show any sign of recovery until after June, and has warned that the protracted platinum industry strike is...
9th May 2014

Posco’s India project again hit by delays in allocation of iron-ore reserves

South Korean steel producer Posco’s $10-billion Indian project, which has already been delayed by over a decade, was likely to suffer fresh setbacks following a tussle between the federal and provincial governments over the allocation of captive...
9th April 2014
Company Announcement

Further order from leading Italian steel producer PDF Available

Tenova TAKRAF Italy has been awarded a contract by ILVA S.p.A., the leading Italian steel producer, for the design and supply of a bucket chain continuous shipunloader for handling iron ore and coal at the ILVA steel plant in Taranto, Italy. ...
8th April 2014

India’s SAIL to appoint MDO for Chiria reserves

India’s largest government-owned steel producer Steel Authority of India Limited (SAIL) would seek bids from mine developer operators (MDOs) to develop its 1.8-billion tonne Chiria iron-ore reserves, in the eastern Indian province of Jharkhand....
7th April 2014

Bifurcation of Indian province scuttles plans for a captive iron-ore mine

The ongoing bifurcation of the southern Indian province of Andhra Pradesh has put a spanner in the plans of steel producer Rashtriya Ispat Nigam Limited (RINL) to secure a captive iron-ore mine in the region. The government of Andhra Pradesh had...
31st March 2014
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