Japan’s steelmakers halt output
Key Japanese steelmakers have stopped production at some plants as the country imposed power cuts to cope with the devastation brought by a massive earthquake and tsunami.
Amsa deal unlikely to proceed, say Guptas
Brothers Ajay and Atul Gupta do not think the Ayigobi black empowerment deal with ArcelorMittal SA - of which they are beneficiaries - will go ahead.
Petmin to seek upside in spot market
Petmin is about to ditch its policy of locking all sales into supply agreements, saying it wants to cash in on higher spot prices for the anthracite it produces at Somkhele mine.
ArcelorMittal to buy stake in Thai firm
ArcelorMittal, the world's largest steel company, is to take a 40% stake in Thai steel maker G Steel for $250m, reports the Bangkok Post.
Good times return for Merafe
Merafe is back in the black as good times return for the ferrochrome sector, but the company faces major funding commitments to pay for planned expansions.
ICT spills beans on Kumba’s green record
Diesel, used oil and other motor vehicle waste products have polluted groundwater at the Sishen mine for years, according to court documents submitted by ICT.
ICT exposes Kumba’s ‘dirty play’
Imperial Crown Trading has accused Kumba Iron Ore of planting forged documents found as part of ICT’s application for the 21.4% prospecting right in Sishen mine.
State talks tough on cheap steel
The government says it will do all it can to ensure domestic steel manufacturers are able to source ore from Sishen at a discount, subject to a pricing agreement.
Zim in R21bn steel deal with India
Lazarus Zim's Afripalm Resources has signed a memorandum of understanding with Steel Authority of India to build a steel mill in South Africa, according to Business Day.
BHP sees high iron ore price for two years
BHP Billiton's CEO expects iron ore prices to remain strong for as long as two years, and is confident the company's profit margins will remain robust, even as costs escalate.