Amsa boss gives sobre steel market view
Nonkululeko Nyembezi-Heita, CEO of ArcelorMittal SA, said the South African steel
industry was currently uncompetitive set against its international rivals.
Exxaro’s Nkosi says iron ore output in 2013
Sipho Nkosi, CEO of Exxaro Resources, said he was hopeful the company would begin iron ore production from its Mayoko prospect later this year.
Sable seeks cash flow kicker from Botswana deal
Sable Platinum is to buy just over a quarter of Global Initiatives, a Botswana firm
that gives it access to cash flow from retreating more than 40mt of pig iron.
SA’s steel strategy fails to add up
What's the point of keeping more iron in the country when there's not enough demand for it, asks an analyst who added the steel beneficiation strategy didn't add up?
Evraz to sell SA unit for $320m
Russian steelmaker Evraz is to sell its South African unit in the country's largest empowerment deal following R1bn in strike-fuelled losses last year.
Path cleared for Amsa, Kumba to resume talks
ArcelorMittal SA and Kumba Iron Ore may not begin arbitration or even resume negotiations as an appeal over the right to mine Sishen is rejected by the court.
Merafe expects ferrochrome prices to rise
Merafe Resources said ferrochrome prices would rise in the current financial year owing to supply cuts.
Kumba ‘second footprint’ lends option to SA
Norman Mbazima, Kumba Iron Ore CEO, believes government is realistic, but its plans for domestic iron ore pricing makes the firm's Africa footprint a useful option.
Kumba marks out cost battle for 2013
The 2013 financial year will be one of cost containment at Kumba Iron Ore which said that an increase in waste mining will be a major challenge.
Amsa sheds 6.7% after Vanderbijlpark fire
Shares in ArcelorMittal SA fell after the company said it had shut its Vanderbijlpark Works following a fire that caused "extensive damage" on February 9.