Steel Industry News - Africa.

JSW Steel plans to increase capacity of crude steel to 27 million ...
Mon, 27 Jul 2020 00:00:00 GMT
JSW Steel will focus on normalising operations and reducing costs this year so that its earnings before interest, tax, depreciation and amortisation (Ebitda) will


Covid-19 delays ZimCoke-Zisco deal
Tue, 07 Jul 2020 15:47:00 GMT
Michael Magoronga, Midlands Correspondent THE disruptive Covid-19 pandemic has resulted in the prolonged delays in finalising the deal between ZimCoke and the now defunct steel giant, Zisco. The


Mugano resigns from Zisco board
Mon, 29 Jun 2020 17:53:00 GMT
Business Reporters GOVERNMENT will in due course announce a new board chair for Zisco following the resignation of Professor Gift Mugano who was transitional acting board chairperson for the defunct


Zimbabwe: Govt Appoints Zisco CEO, Board Members
Thu, 25 Jun 2020 09:34:00 GMT
Industry and Commerce Minister Dr Sekai Nzenza, has appointed additional members to the Zimbabwe Iron and Steel Company


Chinese steel giant eyes Simandou
Tue, 23 Jun 2020 17:08:00 GMT
Chinese steel company Baowu is at the head of a group of steelmakers seeking to develop the massive Simandou iron mine in Guinea, taking over from Aluminum Corp. of China (Chalco)


I Won't Tolerate Corruption in New Zisco Revival Deal interview
Thu, 11 Jun 2020 17:00:00 GMT
In the past two weeks, the Zimbabwe Independent has reported on the government's efforts to revive the defunct Ziscosteel which was brought down mainly by systemic high-level corruption and


ZETDC rejects payment plan, threatens to disconnect Zisco
Wed, 10 Jun 2020 15:21:00 GMT
In a letter to Zisco that was signed by ZETDC southern region general manager, Engineer King Fazo Dube, the power utility turned down a payment plan designed by the steel company together with


Govt resolves to find new suitor for Ziscosteel
Fri, 05 Jun 2020 01:18:00 GMT
CABINET on Tuesday gave an inter-ministerial committee, which was established last week to spearhead the resuscitation of the defunct Zimbabwe Iron and Steel


Zimbabwean government seeking to revive steel giant
Tue, 02 Jun 2020 06:12:00 GMT
A Zimbabwean government task force will begin work today to revive the defunct Zimbabwe Iron and Steel Company (ZISCO), formerly Africas largest integrated steelworks company. The task force, chaired


SEAISI Press Release
Thu, 28 May 2020 00:00:00 GMT
Crude Steel Production by African Nations Dipped to Multi-Year Lows


Rainbow Six Siege Operation Steel Wave: Everything we know
Wed, 13 May 2020 18:33:00 GMT
Everything we know so far about Rainbow Six Sieges Operation Steel Wave update, debuting new South African and Norwegian Operators, coupled with a House rework, on track for spring 2020. We've


ZimCoke-Zisco deal in limbo . . . as questions arise over debt ...
Sun, 26 Apr 2020 07:56:00 GMT
By Martin Kadzere The takeover of some Zimbabwe Iron and Steel Company (Ziscosteel) properties by ZimCoke has reportedly reached the home stretch amid revelations the investment vehicle fronted by


Anglo American completes takeover of UK potash mine
Tue, 17 Mar 2020 00:00:00 GMT
Mining giant Anglo American plans to exit coal mining in South Africa, in a major shift away from carbon-intense


The Isaac Riyano story: Bossos flower that blossomed elsewhere
Sun, 19 Jan 2020 23:33:00 GMT
He was not the only young player to be lost by the club in those years as the midfield had lost Thoko Sithole (South Africa), Ronnie Jowa (Zisco), Tutani Moyo (Black Mambas), Mpumelelo Dzowa


Eddie Cross: The Five Pillars of the State
Wed, 15 Jan 2020 12:31:00 GMT
It was all paid for by private companies or taxes and often to a surprisingly high standard. When Zisco Steel operated it was the largest integrated steel plant in Africa and the liner trains that


Rio Tinto starts resuming operations at Richards Bay Minerals ...
Wed, 25 Dec 2019 23:06:06 GMT
Mining company Rio Tinto said it had started the process of resuming operations at its Richards Bay mineral sands operation in South Africa following security problems. A phased restart was now


Govt says $255m ZimCoke deal still on but Zisco board chair disagrees
Thu, 19 Dec 2019 18:40:00 GMT
Government has said that the $255 million ZimCoke deal is still on as it has not yet received any formal communication from the Zimbabwe Iron and Steel Company (Ziscosteel) board requesting for


Corruption a curse in Zimbabwe
Wed, 04 Dec 2019 19:35:00 GMT
If the current leadership was serious about economic recovery, they should target industry more, opening and reviving few big companies like Zisco steel, NRZ and Air Zimbabwe would make a huge impact


R and F, Zisco US$1 billion deal collapses
Sun, 01 Dec 2019 18:17:00 GMT
A Chinese investor, R and F, that was looking at acquiring stake in the Zimbabwe Iron and Steel Company, has finally advised Government that it is pulling out of the deal. Highly placed Government


Australia's Fortescue loses bid to develop Guinea iron ore ...
Wed, 13 Nov 2019 23:54:07 GMT
Fortescue Metals Group lost out in its bid to develop two blocks at the Simandou iron ore deposit in Guinea, the Australian miner said on Thursday. A China-backed consortium of French, Singaporean and Guinean interests won the tender through its $14 billion bid, sources told Reuters - on Wednesday. Fortescue said the Guinean government told them it would go ahead with detailed negotiations with the preferred bidder in the coming



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