October 2023 crude steel production
World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 150.0 million tonnes (Mt)
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Ferrous Metals
ARM to acquire Norilsk Nickel Africa’s 50% Participation Interest
African Rainbow Minerals and Norilsk Nickel Africa have signed a Sale Agreement (“PSA”) which provides for the acquisition by ARM
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Trafigura and Korea Zinc invest $140M to build nickel refinery
Commodity trader Trafigura and Korea Zinc yesterday signed an agreement to jointly invest US$140 million to establish an “all-in-one” nickel
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Bauba’s Kookfontein constructs processing plant for high-grade chrome concentrate
Relatively recently developed source of South African chromite is Pelagic Resources Group. Established in 2016, Pelagic Resources specialises in global
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AFRIMAT: Iron ore mines recorded an overall increase of 29,7%
The Bulk Commodities segment, consisting of the iron ore mines and an anthracite mine, contributed 72,3% to the Group’s operating
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CHINA: All steel-using sectors show signs of weakening
The depression in the property market that continued into 2023 is weighing on the economy, leading to an unexpected slowing
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worldsteel: September 2023 crude steel production
World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 149.3 million tonnes (Mt)
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Largo Vanadium reports lower production in Q3, restates 2023 guidance
Vanadium producer Largo has reported Q3 2023 production of 2,163 tonnes of V2O5 (4.8 million lbs), which is a decline
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Savannah nickel operations reached highest level since restart
Panoramic Resources has announced strong improvements across all metrics in the September 2023 quarter following repair of the filter head
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Merafe produces 40kt ferrochrome from Chrome Venture in Q3 2023
Sandton – Merafe’s attributable ferrochrome production from the Glencore Merafe Chrome Venture in the third quarter ended 30 September 2023
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Tharisa produces less due to operational challenges
South African platinum group metals (PGM) producer Tharisa (LSE: THS) (JSE: THA) announced today that its PGM production for the
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Vale cooperates to create Mega Hub for low-carbon steel production
Brazilian mining and metals group Vale (NYSE: VALE) announced Tuesday that the company and the Port of Açu signed an
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August 2023 crude steel production
Brussels, Belgium – World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 152.6
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Joint Venture for beneficiation of Dense Medium Separation grade magnetite
Sandton – Sable Platinum Holdings, a wholly owned subsidiary of Sable Exploration and Mining SEAM has on 31 August 2023
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Jubilee Metals South Africa Chrome Project Expansion Update
Jubilee Metals Group, a leader in diversified metals processing, with operations in Africa, has provided an update on the chrome
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July 2023 global crude steel production
Brussels, Belgium – World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 158.5
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Only Lion Smelter to operate during high electricity demand season
Merafe’s attributable ferrochrome production decreased by 9% from 203kt to 185kt for the six months ended 30 June 2023. The
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ArcelorMittal South Africa reports on its operations
The company’s average capacity utilisation increased from 42% in H1 2022 to 53% in 2023. Crude steel production increased by
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ArcelorMittal South Africa reacts on local and international markets
Global crude steel production (source: World Steel Association) decreased by 1% or 11 million tonnes in the first half of
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ArcelorMittal South Africa reports loss of R448 million
ArcelorMittal South Africa says weaker trading environment with substantially lower international market prices and stagnant economic growth resulted in headline
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Anglo American: Iron ore increases by 9% to 15.6 million tonnes
Kumba – Total production decreased to 9.3 million tonnes, primarily driven by a 9% decrease in Sishen’s production to 6.4
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June 2023 crude steel production
World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 158.8 million tonnes (Mt)
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AMSA blames external factors for its poor performance
VANDERBIJLPARK, South Africa – Based on information currently available, ArcelorMittal SA advises that the Company expects: The financial information on
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Tharisa updates on PGM and chrome markets
The pressure seen in the PGM market manifested itself in some unusual and often aggressive selling patterns, with renewed fears
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Merafe’s attributable ferrochrome production decreases by 9%
Merafe’s attributable ferrochrome production from the Glencore Merafe Chrome Venture for the six months ended 30 June 2023 decreased by
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Neometals signs vanadium offtake with Glencore
Neometals has announced it signed an offtake with Glencore. Glencore will purchase and take delivery of all saleable vanadium bearing
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JSW Steel successfully injects waste plastic into Blast Furnace
The company hopes that by injecting waste plastic into the process, coke consumption will be reduced, while maintaining the quality
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Merafe Resources announces ferrochrome price for the 3Q/2023
Merafe Resources has announced that the European benchmark ferrochrome price for the third quarter of 2023 has been settled at
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Jubilee Metals expands chrome and PGM footprint
The Jubilee chrome operations in South Africa play a key role in driving the performance and growth of the PGM
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Baowu and Rio Tinto partner to decarbonise the steel value chain
SHANGHAI – China Baowu, the world’s biggest steelmaker, and Rio Tinto, the world’s largest iron ore producer, have signed a
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