State talks tough on cheap steel
The government says it will do all it can to ensure domestic steel manufacturers are able to source ore from Sishen at a discount, subject to a pricing agreement.
Zim in R21bn steel deal with India
Lazarus Zim's Afripalm Resources has signed a memorandum of understanding with Steel Authority of India to build a steel mill in South Africa, according to Business Day.
BHP sees high iron ore price for two years
BHP Billiton's CEO expects iron ore prices to remain strong for as long as two years, and is confident the company's profit margins will remain robust, even as costs escalate.
India’s Sail eyes SA for 3mt steel plant
Steel Authority of India is planning to build four steel plants, one of which will be in South Africa, for $12bn, according to its chairperson.
IFM losses increase
IFM continues to battle with various technical issues which have kept it in the red despite rapidly improving market conditions for its main customers - the stainless steel producers.
Avalloy seeks breakthrough year
Superalloy producer Avalloy says beneficiation and skills development are at the core of its growth strategy.
BHP seeks monthly price for met coal
BHP Billiton has notified major Japanese steelmakers that from April it wants monthly pricing of metallurgical coal to replace quarterly pricing, according to a report.
Commodity rush propels Kumba earnings
A surge in iron ore export prices and sales volumes assisted Kumba Iron Ore to more than double its headline earnings during the 2010 financial year.
Kumba drags Amsa into court battle
Kumba Iron Ore has added ArcelorMittal SA as a respondent in its high court bid for the reversal of the 21.4% prospecting right over Sishen mine awarded to ICT.
ICT buyout not a given: Amsa
ArcelorMittal SA says its takeover of Imperial Crown Trading depends on the firm clearing itself of claims of impropriety, and getting mining rights to Sishen.