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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Ferrous Metals
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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Tesla to get nickel supply from BHP
BHP announced signing of a nickel supply agreement with one of the world’s leading sustainable energy companies Tesla Inc. BHP
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June 2021 crude steel production
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 167.9 million tonnes (Mt)
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ArcelorMittal turns from lossmaker to very profitable
Vanderbijlpark – ArcelorMittal South Africa is in the process of finalising its results for the six months ended 30 June
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Tata Steel Mining, Jindal Stainless join hands for chrome ore mining
Tata Steel Mining and Jindal Stainless have signed an agreement to jointly unearth the Chrome Ore locked up in the
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Kumba production increased by 12%, while sales increased by 3%,
In its production and sales report for the six months ended 30 June 2021, Kumba says total production increased by
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South32 manganese ore production increased to a record in FY21
Australia Manganese saleable ore production increased by 2% (or 59kwmt) to a record 3,529kwmt in FY21 despite the impact of
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BHP raises iron ore production by 2% in the 2021 financial year
Total iron ore production increased by two per cent to 254 million tonne. Production of between 249 million tonne and
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Vale iron ore production insufficient amid tight steelmaking markets
Vale SA produced less iron ore than the market expected last quarter because of big problems at a new plant
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US steel maker to reduce greenhouse gas emissions
US steel maker Nucor Corporation announced comprehensive greenhouse gas emissions reduction strategies that will lower its GHG emissions intensity of
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Steel construction material sales improve in these challenging times
JOHANNESBURG – The improvement in the sales of construction and building material is encouraging amid the challenging economic environment, the Steel
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ITOCHU to decarbonise iron ore mines in Brazil
ITOCHU Corporation of Japan has signed a memorandum on SDGs collaboration with the Brazilian CSN Group as a model case
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STEEL: China bans construction of skyscrapers over safety concerns
China’s National Development and Reform Commission has implemented an outright ban on the construction of buildings taller than 500 meters,
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