AMSA blames high prices of raw materials on its weaker performance
VANDERBIJLPARK – Based on information currently available, ArcelorMittal South Africa has advised that the Company expects the earnings per share
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Ferrous Metals
THARISA: PGM prices remain elevated, Chrome remains strong
Tharisa, the platinum group metals (PGMs) and chrome co-producer announces that chrome prices remain strong, with spot at around US$260/t
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Merafe increases 2022 ferrochrome production by 1.3%
Merafe Resources’ attributable ferrochrome production from the Glencore Merafe Chrome Venture decreased by approximately 5.0% for the quarter ended 31
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Govt’s infrastructure plans to boost demand for galvanized steel
PRETORIA – Government spending on building new and rehabilitating existing infrastructure will increase from R66.7 billion from 2022 to 2023
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Steel is the most recycled (84%) primary packaging material in Europe
In the Netherlands, used steel packaging from households is collected along with other household waste. Next, most of the steel
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ArcelorMittal unveils €200 million Steelanol carbon capture project
The ‘Steelanol’ project is a first of its kind for the European steel industry, according to the company. Utilising carbon
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Ferrochrome price announcement for the first quarter of 2023
Merafe Resources has advised that the European benchmark ferrochrome price for the first quarter of 2023 has been settled at
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SA’s nuclear build programme a bonanza for galvanized steel uptake
South Africa’s National Infrastructure 2050 plan places the spotlight on 9.6 GW of new nuclear energy plants converted from decommissioned
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Rio Tinto to further decarbonise iron ore in the Pilbara
MELBOURNE, Australia – Rio Tinto is planning to invest a further $600 million in renewable energy assets in the Pilbara
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Korea’s Posco plans $28bn Australia green H2 investment
South Korean steel producer Posco intends to produce green hydrogen in Australia from renewables such as solar and wind power,
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Vale Canada to supply GM with battery grade nickel sulfate
A subsidiary of Brazilian mining group Vale S.A., Vale Canada, has announced it signed a term sheet with General Motors
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Iron Bridge Magnetite project marks first ore into processing plant
Fortescue’s track record of delivering complex projects continues with marking first ore feed into the processing plant at its Iron
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ArcelorMittal’s XCarb invests in TerraPower
World’s leading steelmaker ArcelorMittal is to invested USD 25 million in US nuclear innovation company TerraPower through its XCarb Innovation
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Anglo American reports 5% QoQ dip in iron ore production
Duncan Wanblad, Chief Executive of Anglo American, said: “Our performance stepped up 16% quarter-on-quarter amid a challenging operating environment, driven
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Tight ferrochrome supply in October alleviated producer losses
SHANGHAI – The strong consumption of stainless steel extended after the National Day holiday, which prompted a further increase in the
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Anglo American, Thyssenkrupp to collaborate on greener steelmaking
Anglo American has signed a memorandum of understanding with longstanding customer Thyssenkrupp Steel Europe to collaborate on developing new pathways
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Insimbi’s strategic focus is on recycling and beneficiating ferrous and non-ferrous metals
The first quarter of the new financial year was most promising, as prices for Insimbi’s key commodities continued to rise
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Rhodes Ridge iron ore project to produce 40 million tonnes annually
Rio Tinto reports that Pilbara operations produced 84.3 million tonnes (100% basis) in the third quarter, 1% higher than the
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Tharisa: sustainable in pit mining led to consistent milling throughput
Tharisa, the platinum group metals (PGMs) and chrome co-producer, announces production and cash balance numbers for Q4 and financial year
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Ferrochrome price announcement for the fourth quarter of 2022
Merafe Ferrochrome has advised that the European benchmark ferrochrome price for the fourth quarter of 2022 has been settled at
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Chrometco’s update on business rescue of Black Chrome Mine
The business rescue proceedings of Black Chrome Mine, through the appointed business rescue practitioner of BCM, Mr. Phahlani Mkhombo (“the
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ARM research to develop energy-efficient smelting technologies progressed
African Rainbow Minerals reports that its iron ore division was negatively impacted by lower average realised US dollar prices, lower
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World August 2022 crude steel production
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 150.6 million tonnes (Mt)
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Ferrochrome production in SA remains flat during H1 2022
Global stainless-steel production decreased by 2.7%1 for the six months ended 30 June 2022 (“H1 2022”) compared to the six
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EU total steel-using sectors forecast 2022-2023
Total steel-using sectors’ output is expected to continue to increase in 2022, but its growth rate will be halved compared
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Higher ferrochrome prices improve Merafe Resources results
Merafe achieved a profit of R925 million for the six months ended 30 June 2022, as a result of higher
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July 2022 global crude steel production
Brussels, Belgium – World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 149.3
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South Africa Manganese delivered record production up by 22%
South32 had a busy quarter in which it achieved really strong production numbers across most commodities, capping off a busy
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Afrimat to acquire 100% of the Gravenhage manganese resource
On 20 May 2021, Afrimat announced that it had agreed to acquire 100% of the Gravenhage manganese mining right and
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AMSA: SA steel consumption for H1 2022 decreased by 14%
Global crude steel production decreased to 949 million tonnes due largely to plant idling because of pandemic-related lockdowns, high inventories
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