Steel Industry News - Africa.

Steel groups urge expanded efforts addressing steel crisis
Thu, 22 Oct 2020 00:00:00 GMT
Steel industry associations in the Americas, Europe, Asia and Africa today renewed their call for governments of steel-producing economies to intensify their work in the Global Forum on Steel Excess Capacity


SMB-Winning aims to bring Guineas Simandou iron ore to market ...
Mon, 19 Oct 2020 00:00:00 GMT
China-backed consortium SMB-Winning aims to bring blocks 1 and 2 of Guineas massive Simandou iron ore deposit into production by 2025, Socit Minire de Bok Chairman Fadi Wazni said, a tight timetable for a huge mine and infrastructure project. The consortium which includes Singapores Winning Shipping, Guinean mining logistics firm United Mining Supply (UMS), Chinese aluminium producer Shandong Weiqiao, and Guineas government won a $14 billion government tender in November 2019 to


ArcelorMittal South Africa to restart furnace on higher steel ...
Wed, 30 Sep 2020 00:00:00 GMT
Steel producer ArcelorMittal South Africa ACLJ.J said on Tuesday it would restart the second blast furnace at its Vanderbijlpark operations in January due to higher steel demand. Africas biggest steel producer, which is majority-owned by Luxembourg-based ArcelorMittal SA MT.LU, said steel demand had increased quicker than expected due to lockdown-affected construction projects now being completed, increased sales at retail outlets and running at lower stock levels prior to the nationwide


Mining industry steps up for Jerusalema challenge
Sun, 27 Sep 2020 22:34:25 GMT
Sishen women in mining participate in Jerusalema challenge. Video credit: Germano Moses Kumba Iron Ores Sishen mine was among various mines which participated in the Jerusalema challenge. The Jerusalema dance challenge has become a worldwide phenomenon in countries such as Canada, Spain and Angola to name a few. The challenge even caught President Cyril Ramaphosas attention who urged South Africans to participate in the Jerusalema challenge on Heritage Day. Sishens talented women in mining did not disappoint when they took part in the challenge. Other mines who also participated in the challenge include Seritis Kriel collliery and Sasols Bosjesspruit operation. The post Mining industry steps up for Jerusalema challenge first appeared on Mining


Audit to unmask Zisco losses
Wed, 23 Sep 2020 17:07:00 GMT
THE Government would soon carry out a forensic audit at the defunct steel giant, Ziscosteel, to quantify and ascertain the losses at the company, acting Ziscosteel board chairperson, Engineer Martin


Byelorussian Steel Works - BSW have increased sales of reinforcing ...
Tue, 22 Sep 2020 00:00:00 GMT
Based on the results of 8 months of 2020, OJSC BSW - management company of BMC holding, as part of the diversification of sales, have exported reinforcing steel worth more than 11 million US dollars to Africa. This indicator is almost 20% higher than the level of the same period last year.


Zimbabwe: Zisco Targets Firing Up Units
Wed, 16 Sep 2020 03:30:00 GMT
State owned Zimbabwe Iron and Steel Company (Zisco) has come up with a short-term revival strategy targeting resuscitation of the subsidiaries, an official


Zisco targets firing up units
Tue, 15 Sep 2020 17:47:00 GMT
STATE owned Zimbabwe Iron and Steel Company (Zisco) has come up with a short-term revival strategy targeting resuscitation of the subsidiaries, an official


ZimCoke US$255m deal cancelled
Tue, 15 Sep 2020 01:19:00 GMT
The deal between defunct steel giants Ziscosteel and ZimCoke has been cancelled with immediate effect, acting Ziscosteel board chair Engineer Martin Manuhwa has


Ziscosteel Cancels Agreement with ZimCoke
Mon, 14 Sep 2020 04:20:00 GMT
Local media reported that Redcliff based Zimbabwe Iron and Steel Company board has cancelled all deals it entered into with several companies, among them ZimCoke, saying the agreements were


ZimCoke US$255m deal cancelled
Sun, 13 Sep 2020 15:26:00 GMT
ZimCoke was set to take over a coke oven within the defunct Ziscosteel in a $255 million deal, which was viewed as the first step towards revitalisation of the steel giant. The two companies signed an


Zisco closure raises imports
Sat, 12 Sep 2020 02:23:00 GMT
Industry and Commerce Minister, Dr Sekai Nzenza, says the closure of steel giant, Ziscosteel, has forced the country to spend about US$1,1 billion every year importing steel and steel


COMMENT: Revival of Ziscosteel will boost many other downstream ...
Fri, 11 Sep 2020 16:01:00 GMT
Speaking after touring the defunct steel plant recently, Dr Nzenza who was accompanied by other Cabinet Ministers, said there was an urgent need to revive Ziscosteel which was the backbone of the


Zimbabwe: Ziscosteel Board Cancels Unfavourable Deals
Fri, 11 Sep 2020 08:04:00 GMT
The Ziscosteel board has cancelled all deals it entered into with various business entities as it views them as unfavourable to its revival


ZISCO Steel Revival Strategy Unveiled
Fri, 11 Sep 2020 06:30:00 GMT
ZBC News reported that the revival of ZISCO steel is well on course, with the companys management revealing that a roadmap towards the reopening of the steel giant has been crafted. Management


Zimbabwe: Zisco Closure Raises Imports
Fri, 11 Sep 2020 04:31:00 GMT
We are importing steel from Turkey and other countries ... In order to successfully revive Zisco it is critical that we curtail loss of assets and unchecked debt


Ziscosteel Board Cancels Unfavourable Deals
Thu, 10 Sep 2020 17:00:00 GMT
Spread This NewsBy Staff Reporter THE Ziscosteel board has cancelled all deals it entered into with various business entities as it views them as unfavourable to its revival plan. This was confirmed


Zisco demise costing Zim US$1,1bn on steel imports
Thu, 10 Sep 2020 15:27:00 GMT
The revival of Ziscosteel is vital to the revival of the steel industry as it unlocks the whole steel value chain. I trust that we all agree that the steel industry is the backbone of the industry as


Zisco closure raises imports
Thu, 10 Sep 2020 15:16:00 GMT
INDUSTRY and Commerce Minister, Dr Sekai Nzenza, says the closure of steel giant, Ziscosteel, has forced the country to spend about US$1,1 billion every year importing steel and steel products. She


AMSA declares force majeure after Newcastle furnace breakdown
Thu, 27 Aug 2020 00:00:00 GMT
ArcelorMittal South Africa (AMSA) has temporarily shut down its Newcastle Works blast furnace after the unit suffered thermal damage and broke down. As a result, the firm has declared force majeure. The units repairs will take an estimated three weeks, a spokesperson for the steelmaker tellsKallanish. Every effort is being made to resolve the



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