Bauba Resources finalises acquisition of Nuco and Kookfontein Mine
Johannesburg – Bauba Resources says the announcements released on SENS on 23 July 2019 and 17 October 2019 informed of
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Ferrous Metals
Global HRC market heats up amid potential anti-dumping inquiry
Global HRC export import market is facing headwinds with many reported deals at discounted prices. Benchmark Viatnemese HRC import market,
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Equinor to work with US Steel to decarbonise steel
A non-exclusive Memorandum of Understanding (MOU) with Equinor US Holdings Inc, an affiliate of Equinor ASA, was signed by United
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Chrometco places its operations in care and maintenance
Johannesburg – Chrometco has been under severe financial pressure due to the prevailing chrome commodity market price, the Covid-19 pandemic
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Tata Steel Mining completes lease execution for two chromite mines
Tata Steel Mining Limited (TSML), formerly known as TS Alloys Ltd., has successfully completed the mining lease execution for two
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ArcelorMittal SA to deliver strong set of results
Vanderbijlpark – ArcelorMittal South Africa is expected to deliver a strong set of results for the six months ending 30
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Thorium Energy to decarbonize steelmaking with thermal storage technology
The Thorium Energy Alliance will present an outline describing the near-term pathway to 100% decarbonize the steel making process with
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Trident Steel becomes steel services centre
Trident Steel, recorded increased profitability at 31 December 2020 following a strategic shift to focus the business unit as a
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Tsodilo Resources to produce DRI using Botswana coal for steel generation
TORONTO, ONTARIO – Tsodilo Resources has provided an update on its wholly owned Xaudum Iron Project. The Company has entered into
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Tata Steel to separate its European and UK businesses
Tata Steel is proceeding with the separation of its mainland European and UK businesses after meeting with its European Works
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Attempts to reverse liquidation plans of Egyptian Iron and Steel Company
An offer from a Ukrainian firm to modernize and operate Egyptian Iron and Steel Company could reverse liquidation plans that
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Stainless and specialty steels recover after COVID knockout
World stainless crude steel production fell (-2.5%) in 2020, to around 50.9 million tonnes. Alongside the cyclical downturn of some
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Kumba to release trading results for 6 months ending June
CENTURION – The period under review has to date seen higher average export iron ore prices and a stronger Rand/US
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Chromium market to rebound back above 2019 levels
The COVID-19 pandemic saw varying regional impacts across the chromium supply chain, but the recovery trend has been underpinned by recovering
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Ovako to preheat steel with hydrogen prior to rolling
Sweden’s largest fossil free hydrogen facility is now being built with the goal of greatly reducing CO2 emissions, developing local
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Calls for government to implement tax on export of raw ore
Lobby group Save SA Smelters are calling on the President to implement a tax on the export of raw ore
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May 2021 crude steel production
BRUSSELS, Belgium – World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 174.4
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Vale produces first nickel ore at Voisey’s Bay Mine Extension
Vale recently announced the milestone achievement of first ore production on its Reid Brook deposit at the Voisey’s Bay Mine
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Nippon Steel sells its stake in stainless steel maker Acerinox
Nippon Steel said that it had sold a 7.9% stake in Spanish stainless steel maker Acerinox for 218 million euros
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MERAFE: Ferrochrome price announcement for Q3 2021
Merafe Resources has advised that the European benchmark ferrochrome price for the third quarter of 2021 has been settled at
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Chrometco commissions the final phase of chrome processing plant
Chrometco and the rest of the mining industry were faced with numerous challenges during the past year. Despite all the
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Conversion of wide hot-strip mill to increase production
Panzhihua Steel & Vanadium Co. Ltd., China, has ordered an extensive modernization of their 1,450-millimeter hot strip mill (HSM) in
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Stainless steel melt shop production increases by 25%
The International Stainless Steel Forum has released figures for the first three months of 2021 showing that stainless steel melt
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Johnson Matthey and Nano One pact for nickel-rich cathode metals
Enviro technology innovator in battery materials Nano One Materials Corp and global leader in sustainable technologies Johnson Matthey announce a
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ArcelorMittal seeks EU approval to buy Gupta’s French steel assets
Business Standard reported that ArcelorMittal is seeking approval from European Union regulators after bidding to buy French steel assets from
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Vale interrupts iron ore production amid dam safety concerns
Brazilian iron ore mining giant Vale has interrupted production at its Timbopeba mine and part of its Alegria mine after
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Ecolant to build Russia’s first green metallurgy plant
Ecolant announced the signing of SPIC 2.0 for the construction of Russia’s first green metallurgy plant. A special 20 year
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EU plans to impose carbon emission costs on imports of steel
According to documents obtained by French online media Contexte, the European Union plans to impose carbon emission costs on imports
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Jubilee Metals commissions its new chrome ore processing facility
As previously announced, in November 2020, Jubilee commenced the construction of an additional 80 000 tonnes per month of chrome
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World Steel in Figures 2021 by worldsteel
The World Steel Association (worldsteel) has published the 2021 edition of World Steel in Figures. The publication provides a comprehensive
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