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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Ferrous Metals
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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Voestalpine sets new standards in automotive lightweight steel
Austrian steel maker voestalpine, which invented LD process of steel making in 1949, has set new standards in automotive lightweight
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Steel body says there’s continued improvement in manufacturing sector
JOHANNESBURG – The continued improvement in manufacturing sector production and sales data is an indication of sporadic signs of economic recovery
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NORNICKEL COMMENCES PRODUCTION OF CARBON-NEUTRAL NICKEL
MMC Norilsk Nickel, the world’s largest producer of palladium and high-grade nickel and one of the largest producers of platinum and copper, has started
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Tharisa delivers record chrome output and increased PGM production
PAPHOS, Cyprus – Tharisa says its PGM basket price was 15.6% higher quarter on quarter (Q3 2021 vs Q2 2021)
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Nornickel’s Kola division upgrades electrowinning plant
Nornickel’s Kola Division is installing new electrolysis baths at the electrowinning plant. The company will install a total of 60 new baths, which have been
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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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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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