Ferrous Metals

Merafe posts output increase

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Merafe Resources says first-quarter production rose 3.8%, but says the company will operate at a lower rate during June to August.

Amsa leaves steel prices unchanged

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ArcelorMittal SA says it will leave prices for its products flat this month, but raise some of them in June.

Rio reaches accord with Guinea over Simandou

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Rio Tinto says it will pay the government of Guinea $700m after reaching an agreement to resolve all outstanding disputes over its Simandou iron ore project.

Kumba output hit by excessive rainfall

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Kumba Iron Ore has reported a 23% decline in quarterly production, hit by excessive rainfall at all operations.

Zimbabwe bans chrome exports

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Zimbabwe has banned the export of chrome as it looks to build internal refinery capacity, according to a senior government official.

SA battles reinforcing steel shortage

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Delays are feared with big construction projects as the main suppliers are limiting the key component.

CSN won’t sell Riversdale stake, says CFO

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CSN has no immediate plans to sell its stake in Australia's Riversdale Mining on which it is relying as a source of coal, says CFO Paulo Penido Marques.

Grow iron ore exports, not steel

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Kumba Iron Ore reckons South Africa's iron ore business has a far more attractive future than the country's steel sector and government intervention needs to be "carefully evaluated".

‘Lower steel prices won’t up SA output’

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A consultant for Kumba says lower steel prices will have no significant effect on manufacturing in SA, refuting claims by the trade and industry department.

Amsa sees Sishen arbitration in 2012

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ArcelorMittal SA says it expects arbitration proceedings in its dispute with Kumba Iron Ore over a Sishen mine to be heard only early in next year.