Evraz steel unit files for bankruptcy protection

2015-04-14 13:40

Evraz steelmaker, plans to apply for the local equivalent of bankruptcy protection as a slump in demand for the metal left it with insufficient funds.

EU, Japan win China trade dispute over steel

2015-02-15 18:30

China has violated international trade rules when it imposed anti-dumping tariffs against certain steel tubes from the European Union and Japan, says the WTO.

Zimbabwe set to revive steel production

2014-05-09 17:17

Zimbabwe will resume steel production within two years, implementing a long delayed joint venture with an Indian company.

ArcelorMittal SA narrows full-year loss

2014-02-07 10:07

ArcelorMittal SA, a unit of the world's top steelmaker, has narrowed its full-year loss, helped by a weaker rand and firmer steel prices.

Algeria to own 51% of ArcelorMittal unit

2013-09-18 09:50

Steelmaker ArcelorMittal will sell a 21% stake in its Algerian unit to the state, allowing the country to become a majority shareholder, according to the state news agency.

Eskom contractor seeks business rescue

2013-07-09 10:19

A contractor involved in Eskom's Kusile power station project has applied for business rescue proceedings, a report states.

ThyssenKrupp to axe 3 000 jobs

2013-05-15 15:51

German heavy industry giant ThyssenKrupp plans to axe 3 000 jobs worldwide as disastrous investments in steel operations abroad tore holes in its balance sheet.

ArcelorMittal SA full-year loss widens

2013-02-06 09:37

ArcelorMittal SA, a unit of the world's top steelmaker, has reported a full-year loss due to a drop in domestic steel sales and a decline in commercial coke sales.

ArcelorMittal ignores new debt cut calls

2013-01-13 18:42

Having danced to the credit rating agencies' tune to no avail, ArcelorMittal looks likely to turn a deaf ear to the chorus for more debt cuts.

Trident to pay R8.6m for price fixing

2012-12-19 18:55

Trident Steel will pay a penalty representing 2% of its 2007/08 turnover after it contravened the Competition Act with price fixing of steel products.


Alert Steel update on business rescue

2015-02-16 11:15

Shareholders of Alert Steel Holdings are referred to the announcement released in December 2014 regarding the business rescue proceedings.

ArcelorMittal SA to present environmental plan

2014-12-02 11:50

ArcelorMittal SA will not challenge a court ruling that it must hand over documents related to its largest steel plant to an environmental activist group.

Evraz appoints new CEO

2014-04-16 16:44

The steel and vanadium producer Evraz Highveld has appointed a new chief executive as the company struggles to return to profitability.

Seifsa worried over growth in metals sector

2014-01-10 19:30

Seifsa says it's worried about the slow growth in metals and engineering, but it's upbeat that the confidence level is now 128% higher compared to 2009.

ArcelorMittal SA bruised

2013-08-01 08:55

ArcelorMittal South Africa, a unit of the world's top steelmaker, has reported a first-half profit loss as sales weakened and production dipped.

SA steel production down in May

2013-06-20 15:28

South African steel production fell by 7.6% in May to an estimated 570 000 tons after plunging by 16.6% in February to 515 000 tons‚ worldsteel data shows.

Amsa CEO laments state of steel industry

2013-04-14 15:23

The government will need to stare down forces stronger than itself if it is to act on its intention to fiddle with the steel market.

ArcelorMittal, CSN push for steel mills

2013-01-17 13:55

ArcelorMittal and Brazil's Companhia Siderúrgica Nacional have been tipped as leading bidders for steel mills ThyssenKrupp wants to sell in the US and Brazil.

ArcelorMittal to sell stake in Labrador

2013-01-02 11:20

The steel giant will sell its stake in Canadian iron ore company Labrador to help cut debt following years of declining steel demand

ArcelorMittal pulls bid for EU project

2012-12-06 17:53

ArcelorMittal announced it had withdrawn its bid for a EU-funded project in environmentally friendly steel which France hoped could keep two blast furnaces going.

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