India’s Sail eyes SA for 3mt steel plant
Steel Authority of India is planning to build four steel plants, one of which will be in South Africa, for $12bn, according to its chairperson.
IFM losses increase
IFM continues to battle with various technical issues which have kept it in the red despite rapidly improving market conditions for its main customers - the stainless steel producers.
Avalloy seeks breakthrough year
Superalloy producer Avalloy says beneficiation and skills development are at the core of its growth strategy.
BHP seeks monthly price for met coal
BHP Billiton has notified major Japanese steelmakers that from April it wants monthly pricing of metallurgical coal to replace quarterly pricing, according to a report.
Commodity rush propels Kumba earnings
A surge in iron ore export prices and sales volumes assisted Kumba Iron Ore to more than double its headline earnings during the 2010 financial year.
Kumba drags Amsa into court battle
Kumba Iron Ore has added ArcelorMittal SA as a respondent in its high court bid for the reversal of the 21.4% prospecting right over Sishen mine awarded to ICT.
ICT buyout not a given: Amsa
ArcelorMittal SA says its takeover of Imperial Crown Trading depends on the firm clearing itself of claims of impropriety, and getting mining rights to Sishen.
ArcelorMittal SA back in the black
ArcelorMittal SA has posted a return to full-year profit and expects solid results ahead.
No bias in Sishen rights case, says Nogxina
The department of mineral resources has not been biased in its dealings on the Sishen mining rights, says director general Sandile Nogxina.
Merafe FY ferrochrome output up 48 pct
Merafe Resources says its full-year ferrochrome output rose by 48%, after it restarted suspended furnaces following a upswing in demand.