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Steel Industry News - Africa

Latest steel industry headlines


No Zisco rescue in sight
Thu, 17 Aug 2017 02:43:00 GMT
GOVERNMENT is yet to find investors to revive the moribund Zimbabwe Iron and Steel Company (Zisco), almost three years after a deal with Indias Essar group broke down. Mike Bimha, the Minister of Industry and Commerce, last week told The Financial ...
http%3a%2f%2fwww.financialgazette.co.zw%2fno-zisco-rescue-in-sight%2f&c=9822335532443344938&mkt=en-gb


Global Structural Steel Pipe Market Size 2017 Industry Trend ...
Wed, 16 Aug 2017 02:15:00 GMT
The Structural Steel Pipe market analysis is provided for the international ... We also offer xxx America/Latin America/South America/AMER/EMEA/Africa etc Countries ...
http%3a%2f%2freports.pr-inside.com%2fglobal-structural-steel-pipe-market-size-2017-indu-r4626329.htm&c=14622655822492516073&mkt=en-gb


Production crisis, not currency crisis
Mon, 14 Aug 2017 15:24:00 GMT
For instance, the removal of Zisco from normal production system resulted in Hwange (Colliery Company) going down, and even the reinforcement steel that we are currently using, we are importing. Another key area to focus on is on productivity in US ...
http%3a%2f%2fwww.zimbabwesituation.com%2fnews%2fproduction-crisis-not-currency-crisis%2f&c=13585572330586796728&mkt=en-gb


Market Analysis of the Global Galvanized Steel Wire Industry ...
Mon, 14 Aug 2017 02:59:00 GMT
The Galvanized Steel Wire market analysis is provided for the international ... We also offer xxx America/Latin America/South America/AMER/EMEA/Africa etc Countries ...
http%3a%2f%2freports.pr-inside.com%2fmarket-analysis-of-the-global-galvanized-steel-wir-r4625742.htm&c=16601080872958306233&mkt=en-gb


High Speed Steel (HSS) Metal Cutting Tools Market to Rear Excessive ...
Fri, 11 Aug 2017 02:20:00 GMT
The Global High Speed Steel Metal Cutting Tools market has been witnessing a ... Developing countries such as Russia, Brazil, India, China and South Africa are witnessing huge investment in high performance and high quality machines. Increase in ...
http%3a%2f%2fwww.openpr.com%2fnews%2f665934%2fHigh-Speed-Steel-HSS-Metal-Cutting-Tools-Market-to-Rear-Excessive-Growth-During-2016-2024.html&c=8168311569648609127&mkt=en-gb


Global Maraging Steel Market Research Report of Top Countries ...
Mon, 07 Aug 2017 05:28:00 GMT
This report studies Maraging Steel in Global market, especially in United States, Canada, Mexico, Germany, France, UK, Italy, Russia, China, Japan, India, Korea, Southeast Asia, Australia, Brazil, Middle East and Africa. The report focuses on the top ...
http%3a%2f%2fwww.sbwire.com%2fpress-releases%2fglobal-maraging-steel-market-research-report-of-top-countries-2017-2022-844292.htm&c=779229838613172294&mkt=en-gb


Sierra Leone News: Shandong Steel hosts NMA and MP in China
Fri, 04 Aug 2017 05:44:00 GMT
Shandong Iron and Steel Group Co. Ltd. is a Chinese state-owned enterprise, established in March 2008 with its Jinan based Iron & Steel Company Ltd. It is engaged in the smelting, processing and sale of steel products. It acquired in 2015, African Minerals ...
http%3a%2f%2fawoko.org%2f2017%2f08%2f04%2fsierra-leone-news-shandong-steel-hosts-nma-and-mp-in-china%2f&c=3039331016022028573&mkt=en-gb


Minister says not talking about Ziscos revival
Wed, 02 Aug 2017 20:30:00 GMT
He however, said significant progress has been made towards engaging an investor for Zisco, adding the company would now be making flat products as opposed to long steel. I dont want to go again into the issue of making pronouncements before we get ...
http%3a%2f%2fwww.newzimbabwe.com%2fbusiness-38509-Minister%2bsays%2bnot%2btalking%2babout%2bZisco%2fbusiness.aspx&c=1547667142506214483&mkt=en-gb


NEW INVESTOR FOR ZISCO
Wed, 02 Aug 2017 18:02:00 GMT
We have prioritised the resuscitation of Zisco Steel notwithstanding all the lessons that we learnt from the previous deal (with Essar Global), which did not come through. Out of the six shortlisted potential investors, we have now identified what we ...
http%3a%2f%2fwww.newsdzezimbabwe.co.uk%2f2017%2f08%2fnew-investor-for-zisco.html&c=11727396337421854631&mkt=en-gb


EDITORIAL COMMENT: Long term investor agreement will be good ...
Wed, 02 Aug 2017 17:57:00 GMT
Since then, the country has been importing steel products. As a result the country is losing millions to South Africa and other markets where steel and steel products are being sourced. Also, up to 3 500 people who worked for Ziscosteel have lost their jobs.
http%3a%2f%2fwww.chronicle.co.zw%2feditorial-comment-long-term-investor-agreement-will-be-good-for-zisco%2f&c=10403967245567258029&mkt=en-gb


Govt identifies Zisco partner
Wed, 02 Aug 2017 17:27:00 GMT
We have prioritised the resuscitation of Zisco Steel notwithstanding all the lessons that we learnt from the previous deal (with Essar Global), which did not come through. Out of the six shortlisted potential investors, we have now identified what we ...
http%3a%2f%2fwww.chronicle.co.zw%2fgovt-identifies-zisco-partner%2f&c=17137785793360280478&mkt=en-gb


Expedite economic reform process, govt urged
Wed, 02 Aug 2017 11:51:00 GMT
As part of the recommendations, the government say there is need to tackle the prevailing indiscipline and corruption on the domestic market, finalisation of the arrears clearance and revival of key institutions such as ZISCO STEEL and the National ...
http%3a%2f%2fwww.zbc.co.zw%2f2017%2f08%2f02%2fexpedite-economic-reform-process-govt-urged%2f&c=17128859684520381248&mkt=en-gb


Protectionism threat to global trade: BRICS
Wed, 02 Aug 2017 00:30:00 GMT
Trade ministers from the Brazil, Russia, India, China and South Africa are discussing ... Tensions are rising over Trumps plan to use a Cold War-era law to restrict steel imports for national security reasons. Trump launched an investigation into ...
http%3a%2f%2fthebricspost.com%2fprotectionism-threat-to-global-trade-brics%2f&c=11884987188065358294&mkt=en-gb


Liberia's National Investment Commission Explains Farmington ...
Mon, 31 Jul 2017 10:37:00 GMT
Bella Casa has benefited from this in the past ... is so rich that investors need Liberia more than Liberians need investors. Let's take the iron ore sector for example or the iron ore or mineral sector. The investor comes here and his core business ...
http%3a%2f%2fallafrica.com%2fstories%2f201707310684.html&c=8221598989786967175&mkt=en-gb


ArcelorMittal earnings rise less than expectations
Thu, 27 Jul 2017 02:20:00 GMT
It said apparent steel consumption -- the sum of net industry shipments ... due to a weaker construction market in Brazil, less demand for long products in Europe, a weak South African market and fewer shipments to Ukraine. The European Court of Justice ...
https%3a%2f%2fwww.wort.lu%2fen%2fbusiness%2fsteel-arcelormittal-earnings-rise-less-than-expectations-5979ab3da5e74263e13c4c96&c=15427965063985138010&mkt=en-gb


Govt urged to recapitalise engineering sector
Mon, 24 Jul 2017 09:52:00 GMT
The closure of major companies like ZISCO Steel has also dampened the performance of the sector which now has a bloated skilled labour base and very few opportunities. Experts however believe the sector holds vast potential to emerge as the countrys ...
http%3a%2f%2fwww.zbc.co.zw%2f2017%2f07%2f24%2fgovt-urged-to-recapitalise-engineering-sector%2f&c=14012770858370365417&mkt=en-gb


Too much publicity spoiled Zisco/Essar deal Bimha
Sun, 23 Jul 2017 18:10:00 GMT
The Government in 2011 sealed the mega-deal with Essar Global, an Indian conglomerate, which was supposed to takeover and revive Zisco, the countrys largest steel manufacturing firm. Zisco ceased operations in 2008 after running into serious financial ...
http%3a%2f%2fwww.chronicle.co.zw%2ftoo-much-publicity-spoiled-ziscoessar-deal-bimha%2f&c=3363091200107176172&mkt=en-gb


Cabinet okays $1bn parastatals debt takeover
Thu, 20 Jul 2017 16:14:00 GMT
Business Reporter CABINET has approved the assumption of over $1 billion worth of debts that have been accumulated by some critical State Enterprises including Air Zimbabwe and Zisco Steel, as part of accelerated efforts to make them attractive to ...
http%3a%2f%2fwww.herald.co.zw%2fcabinet-okays-1bn-parastatals-debt-takeover%2f&c=5991695809936643162&mkt=en-gb


Govt embarks on mining titles computerisation
Thu, 20 Jul 2017 09:48:00 GMT
The Ministry of Industry and Commerce which is pursuing a quiet diplomacy in its search for a private partner in Zisco Steel after the flop of Esser deal said; A major announcement is in the offing as they seek to revive the steel industry.
http%3a%2f%2fwww.zbc.co.zw%2f2017%2f07%2f20%2fgovt-embarks-on-mining-titles-computerisation%2f&c=9694955474189566734&mkt=en-gb


Former Zisco workers receive 40pct of months pay after 8 years
Wed, 12 Jul 2017 17:57:00 GMT
The ZISCO group virtually collapsed Redcliff steelworks and subsidiaries such as iron ore miner BIMCO, Lancashire Steel, Frontier Steel and Zisco Distribution centre. Majority-owned by the State, the company effectively stopped production at its Redcliff ...
http%3a%2f%2fwww.newzimbabwe.com%2fnews-38160-Zisco%2bstaff%2bget%2b40pct%2bpay%2bafter%2b8yrs%2fnews.aspx&c=10173493266605579217&mkt=en-gb


Number of news reports: 20



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