Ferrous Metals

ArcelorMittal SA back in the black

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ArcelorMittal SA has posted a return to full-year profit and expects solid results ahead.

No bias in Sishen rights case, says Nogxina

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The department of mineral resources has not been biased in its dealings on the Sishen mining rights, says director general Sandile Nogxina.

Merafe FY ferrochrome output up 48 pct

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Merafe Resources says its full-year ferrochrome output rose by 48%, after it restarted suspended furnaces following a upswing in demand.

‘Closed offices’ barred ICT from files access

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The DMR says it was impossible for Imperial Crown Trading to have gained access to its premises to forge Kumba's application for the 21.4% stake in Sishen, because staff were on holiday.

Govt defends Kumba affidavit claims

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The DMR has justified a tabled affidavit, which reportedly states Kumba Iron Ore has to sell heavily discounted iron ore to Imperial Crown Trading.

Kumba ups ante in Sishen row

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UPDATED: Kumba Iron Ore has rubbished the DMR’s assertion that its bid for the disputed right at Sishen was irregular, saying it will challenge the refusal of the application.

State fires back over Kumba’s Sishen bid

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The DMR has rejected Kumba Iron Ore’s right application over a portion of Sishen mine because the group submitted a "fraudulent' application, reports Business Day.

ArcelorMittal sees slow steel recovery

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Demand for steel in the developed world will only return to pre-crisis levels in 2015, says ArcelorMittal chair Lakshmi Mittal.

Ian Cockerill’s punt on Liberia

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Petmin's investment in an iron ore project in Liberia links it to AIM-listed Hummingbird Resources, with Ian Cockerill chairman of both companies.

Furnace pains put damper on IFM sales surge

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International Ferro Metals says quarterly sales of ferrochrome have doubled, but warns its production will be hampered by furnace problems for the rest of the year.