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Steel Industry News - Africa

Latest steel industry headlines


Friendly policy toward Zimbabwe wont change China
Thu, 16 Nov 2017 07:24:00 GMT
In August, Zimbabwes government said a Chinese company planned to invest up to two billion dollars to revive operations at Zimbabwe Iron and Steel Company (ZISCO), which ceased production in 2008 at the height of Zimbabwes economic meltdown.
https%3a%2f%2fwww.today.ng%2fnews%2fafrica%2f33361%2ffriendly-policy-zimbabwe-change-china&c=4063221891327718606&mkt=en-gb


Report explores the Global steel rebar market expected to grow ...
Mon, 13 Nov 2017 04:35:00 GMT
Steel rebar, commonly known as reinforcing steel or reinforcement ... Saudi Arabia, South Africa, and Brazil among others. In 2017, Asia-Pacific is expected to dominate the market.
https%3a%2f%2fwww.whatech.com%2fmarket-research%2findustrial%2f404871-global-steel-rebar-market-expected-to-grow-with-a-cagr-of-5-2-during-the-forecast-period-of-2017-to-2024&c=1236546058260122014&mkt=en-gb


Kill the vices of procrastination
Sat, 11 Nov 2017 16:34:00 GMT
For example, a vibrant (Zimbabwe Iron and Steel Company) Zisco can guarantee efficient and sufficient steel production necessary for the upscaling of our foundry industries and other downstream manufacturing entities throughout the country. However ...
https%3a%2f%2fwww.thezimbabwedaily.com%2fnews%2f164482-kill-the-vices-of-procrastination.html&c=757511473626686750&mkt=en-gb


Global High Strength Steel Market Size 2017 Industry Trend and ...
Tue, 07 Nov 2017 00:52:00 GMT
The High Strength Steel 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-high-strength-steel-market-size-2017-indust-r4652218.htm&c=9077894814648879564&mkt=en-gb


COLUMN-China's iron ore appetite stays voracious even as steel ...
Mon, 06 Nov 2017 22:25:00 GMT
It would seem logical that if steel mills are forced to cut production in order to ... Imports from the top three suppliers to China, namely Australia, Brazil and South Africa, totalled 80.4 million tonnes in October, up from 78.5 million in September.
http%3a%2f%2fwww.reuters.com%2farticle%2fcolumn-russell-ironore-china%2fcolumn-chinas-iron-ore-appetite-stays-voracious-even-as-steel-output-cut-russell-idUSL3N1ND20A&c=6286248225399500230&mkt=en-gb


Manufacturing volumes up
Wed, 01 Nov 2017 17:31:00 GMT
The industry body believes the investment will create employment as well as improving the local steel supply, which presently relies on imports. Reviving Zisco will also assist in saving forex since steel will be locally manufactured for both local ...
http%3a%2f%2fwww.chronicle.co.zw%2fmanufacturing-volumes-up%2f&c=16672480339716008908&mkt=en-gb


China imported record iron ore in September as steel output curbs ...
Sun, 29 Oct 2017 18:01:00 GMT
Australia is China's largest iron ore importer followed by Brazil and South Africa ... Earlier this month Chinese iron ore futures jumped more than 5%, due to a rally in steel prices, as China's steel mills ramp up production in expectation of a major ...
http%3a%2f%2fwww.mining.com%2fchina-imported-record-iron-ore-september-steel-output-curbs-start-bite%2f&c=14307631829802507449&mkt=en-gb


Sinosteel Presents Pelletizing Tech in Tehran
Wed, 25 Oct 2017 10:00:00 GMT
Sinosteel also participated in developing the steelmaking process at ZISCO. The three projects came on stream ... adding that 9 million tons of steel capacity have so far been established in the countries included in the scheme by China.
https%3a%2f%2ffinancialtribune.com%2farticles%2feconomy-business-and-markets%2f74880%2fsinosteel-presents-pelletizing-tech-in-tehran&c=852156280825276278&mkt=en-gb


$1bn For Zisco Revival
Wed, 25 Oct 2017 06:24:00 GMT
The Zimbabwe Government has secured US$1 billion investment for the revival of steel giant, the Zimbabwe Iron and Steel Company (Zisco), from a Chinese company in a deal that will result in one million tonnes of steel being produced in the next 18 months.
http%3a%2f%2fwww.railwaysafrica.com%2fnews%2f1bn-for-zisco-revival&c=16783221258613303559&mkt=en-gb


New life breathed into Zisco
Sun, 22 Oct 2017 23:54:00 GMT
GOVERNMENT is now in the final stages of concluding the implementation of the Zisco deal with Hong Kong-based company R&F as it seeks to revive the former steel manufacturing giant to make it a net exporter. Industry and Commerce Minister Dr Mike Bimha ...
http%3a%2f%2fwww.zimbabwesituation.com%2fnews%2fnew-life-breathed-into-zisco%2f&c=5814490265178894944&mkt=en-gb


Hwange seeks RBZ forex bailout
Sun, 22 Oct 2017 19:05:00 GMT
The resuscitation of Zisco, thats another anchor customer for us and I think ... The government has secured $1 billion investment for the revival of the Zimbabwe Iron and Steel Company (Ziscosteel), from a Chinese investor, R and F Company, in a deal ...
https%3a%2f%2fwww.newsday.co.zw%2f2017%2f10%2fhwange-seeks-rbz-forex-bailout%2f&c=7979150617881563621&mkt=en-gb


EDITORIAL COMMENT: Companies must gear up for Zisco revival
Sun, 22 Oct 2017 18:00:00 GMT
Minister Bimha said R and F is not into steel- making but is providing the funding for the revival of Zisco which was once Africas biggest integrated steel manufacturer. The revival of Zisco is also expected to boost other firms such as Hwange Colliery ...
http%3a%2f%2fwww.chronicle.co.zw%2feditorial-comment-companies-must-gear-up-for-zisco-revival%2f&c=13886139541097176394&mkt=en-gb


Global Steel Grating Industry Market Research Report 2017
Fri, 20 Oct 2017 01:12:00 GMT
Export and Consumption Analysis of Steel Grating xxx Malaysia/Saudi Arabia/Middle xxx Asia/North America/ Latin America/South America/AMER/EMEA/Africa etc Countries ...
http%3a%2f%2fwww.mynewsdesk.com%2fqyresearch%2fpressreleases%2fglobal-steel-grating-industry-market-research-report-2017-2224860&c=17458383790486638645&mkt=en-gb


Calls for re-opening of ZISCO
Thu, 12 Oct 2017 01:00:00 GMT
The engineering companies in Bulawayo have called for the immediate resumption of operations at ZISCO which is the main supplier of iron and steel, the major raw material for their operations. ZISCO steel is the spine of the national economy as it is the ...
http%3a%2f%2fwww.zbc.co.zw%2f2017%2f10%2f12%2fcalls-for-re-opening-of-zisco%2f&c=13283791200039268826&mkt=en-gb


Proposed acquisition of shares in Chevron SA & BW
Fri, 06 Oct 2017 00:00:00 GMT
RNS Number: 9402S Glencore PLC 06 October 2017 Glencore plc Baar, Switzerland 6 October 2017 Proposed acquisition of shareholdings in Chevron South Africa and Chevron Botswana Glencore has entered into an agreement with Off The Shelf Investments Fifty Six (RF) Proprietary Limited ( OTS ) to acquire from OTS (i) a 75% stake in Chevron South Africa Pro...
http://www.iii.co.uk/research/LSE:GLEN/news/item/2536010/proposed-acquisition-shares-chevron-sa-bw?context=LSE:GLEN


Govt avails $38 mn for Zisco workers
Thu, 05 Oct 2017 18:29:00 GMT
FORMER Zisco steel employees have started receiving part of the $38 million windfall availed by government as part of the outstanding salaries backdated to 2009, sources said. The development comes at a time government has agreed to settle the ex ...
http%3a%2f%2fnewzimbabwe.com%2fbusiness-39443-Govt%2bavails%2b%2438%2bmn%2bfor%2bZisco%2bworkers%2fbusiness.aspx&c=6234011296938466849&mkt=en-gb


Ex-Zisco workers get outstanding salaries
Tue, 03 Oct 2017 14:52:00 GMT
Mr Moyo said the workers received one month salary but would not disclose the actual figures. I can confirm that former Zisco Steel employees have started getting their outstanding salaries. They recently received one month salary, he said.
http%3a%2f%2fwww.chronicle.co.zw%2fex-zisco-workers-get-outstanding-salaries%2f&c=2852761737874657962&mkt=en-gb


HCCL narrows losses
Sun, 01 Oct 2017 18:06:00 GMT
Zisco was Hwange collierys biggest customer before the steel manufacturing company closed down in 2008 after it faced increased financial challenges. The collierys performance of the last six months fell short of budgetary targets due to low ...
http%3a%2f%2fwww.chronicle.co.zw%2fhccl-narrows-losses%2f&c=2502757720246337117&mkt=en-gb


The economy is all about trust and confidence. Is that not ...
Mon, 25 Sep 2017 01:49:00 GMT
That could have been done but unfortunately at the time we had already closed shop i.e. closed down major manufacturing companies such as Zisco steel, along with hundreds others. Not only were the big companies closed, but also the other smaller ...
http%3a%2f%2fwww.techzim.co.zw%2f2017%2f09%2fthe-economy-is-all-about-trust-and-confidence%2f&c=9547921606835404368&mkt=en-gb


High prices not healthy for trade
Sun, 24 Sep 2017 20:31:00 GMT
Government must tackle reforms. We have parastatals, all of which make loses like railways (National Railways of Zimbabwe), Zimbabwe Steel Company (Zisco) and their charge structure is too high and it will never make Zimbabwe competitive. We also ...
https%3a%2f%2fwww.newsday.co.zw%2f2017%2f09%2fhigh-prices-not-healthy-trade%2f&c=16620042458885401522&mkt=en-gb


Number of news reports: 20



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