Bauba Resources: Changes to the Board of Directors AGAIN!
In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, the board of directors of Bauba (“the
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Ferrous Metals
ARM Ferrous earnings 77% higher driven by iron and Mn ores sales
ARM Ferrous headline earnings were 77% higher at R7 927 million (F2020: R4 479 million) as a 104% increase in
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Bauba Resources CEO reinstated as precautionary suspension is lifted
JOHANNESBURG – After an investigation by the Company’s attorneys as announced on 20 August 2021, no factual evidence was found
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ArcelorMittal commissions 6 million tonne pellet plant in India
ArcelorMittal Nippon Steel India has commissioned its second six million tonne pellet plant, taking the total capacity at Paradip complex
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China Steel Corp Unveils Green Steel Goals
Taipei – Taiwan’s largest steelmaker China Steel Corp is setting ambitious carbon emission reduction goals. China Steel Corp Chairman Wong
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US steel production capacity utilization stays at 84.9%
American Iron & Steel Institute announced that in the week ending on August 28, 2021, US domestic raw steel production
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Vale and Ternium cooperate to decarbonize steel production
Ternium signed a memorandum of understanding with Vale agreeing to seek opportunities to develop steelmaking solutions focused on reducing CO2
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Algeria to launch new production unit at Bellara Steel complex
Algeria will launch a new steel production unit as part of a large complex that was constructed by an Algerian-Qatari
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World Steel announces July 2021 crude steel production
BRUSSELS, Belgium – World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 161.7 million
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Angang takes over Benxi forming mega steelmaker in China
Chinese steelmakers Ansteel Group and Ben Gang formally began the process of merging their operations. Benxi Steel’s listed subsidiary Bengang
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Samarco produces 4.4 million tonnes of iron ore since start-up
In July, seven months after the resumption of production in December 2020, Samarco reached the volume of 4.4 million tons
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First fossil-free steel delivered to Volvo
As the world looks to counter the deadly impact of greenhouse gas emissions, a Swedish company might give a fighting
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Iron-ore on track for a record monthly loss
Prices for iron-ore touched record highs this year, but look to suffer their biggest monthly loss ever as China’s curbs
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BAUBA: Changes to Board of Directors becomes weekly routine now
JOHANNESBURG – In compliance with the Listings Requirements of the JSE Limited, the board of directors of Bauba Resources, a
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SE-Asia’s steel production set to surge, worries of overcapacity
The continuation of ambitious expansions in steel capacity in Southeast Asia is strong even in a global pandemic. Five million
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MERAFE: State of ferrochrome market
Growth in global stainless steel melt rates reached a decade high in the first half of 2021 (“H1 2021”) as
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Rustenburg ferrochrome furnace 5 will resume operations in Q3 2021
Merafe Resources says the Lydenburg smelter remains on care and maintenance for the foreseeable future, however Rustenburg furnace 5 will
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Exxaro reports healthy improvements mainly due to Sishen
Exxaro Resources headline earnings for the six-month period ended 30 June 2021 is expected to increase between 99% and 111%
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Merafe reports 66% increase in ferrochrome production to 199kt
Merafe achieved solid operational and financial results for the first half of 2021. Merafe recorded a profit after tax of
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Alloy consumption in steel may breach the US$100Bn mark soon
Crude and non-stainless alloy steels account for the majority of steel alloy demand, underpinned by the consumption of bulk alloys
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Jubilee updates on its chrome operations in South Africa
LONDON – As previously announced, in November 2020 Jubilee commenced the construction of an additional 80 000 tonnes per month
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Bushveld Minerals: Vanadium demand remains strong
Bushveld Minerals Q2 vanadium production rose quarter on quarter to 886t V compared to 688t V in Q1, underpinned by
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BHP to expand nickel production amid high metal demand
BHP plans to expand nickel production at its Mount Keith mine in Western Australia by 40 per cent, with a
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Vision Blue to invest in vanadium mining and processing company
Vision Blue Resources has announced that it led an investment of up to US$12.6m in FAR, a vanadium mining and
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ArcelorMittal leads initiative on zero-carbon steel
One of the priorities of the ArcelorMittal group is to lead the steel industry globally on sustainability. This is reflected
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ArcelorMittal South Africa records strongest profits in a decade
As anticipated in February 2021, both stronger sales volumes and the benefit of robust price-cost effects enabled ArcelorMittal South Africa
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Major shakeup: Quo Vadis Bauba?
Johannesburg – In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, the board of directors of
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US senators introduce steel emissions reduction act
US Representatives Anthony Gonzalez (OH) and Conor Lamb (PA) introduced last week the Steel Upgrading Partnerships and Emissions Reduction Act
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Mercedes-Benz gets green steel from Salzgitter
German steel maker Salzgitter AG subsidiary Salzgitter Flachstahl GmbH will supply green flat steel products with a CO2 footprint reduced
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Chrome venture’s ferrochrome production increases by 65.6%
Merafe’s attributable ferrochrome production from the Glencore Merafe Chrome Venture for the six months ended 30 June 2021 increased by
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