South Africa predominantly exports primary aluminium and semi-fabricated products such as aluminium plates, sheets, and foil.

For insurance executives, the challenge is to balance these rising costs with the need to remain competitive. Cutting back ...

President Donald Trump has announced a 25% import tax on all steel and aluminum imports, marking another escalation of US ...

AMSA, which also closed down the Saldanha Steel mill in 2020, has turned down a number of offers for its shuttered or struggling plants. Scaw has made multiple offers to buy or operate Vereeniging ...

The storm around the closure of the long steel business by ArcelorMittal South Africa concerns a lot more than just steel, ...

It really consisted of 2 businesses: steelmaking with furnaces at Pretoria, Newcastle, Vanderbijlpark, Vereeniging and, later, Saldanha; and mining, producing iron ore and coal. Very important: the ...

The ambitious plan to produce green steel in the Freeport Saldanha Industrial Zone has been shelved, with Sasol and ArcelorMittal citing high costs and shifting priorities. The setback raises ...

Companies export iron ore from the Saldanha port on South Africa’s west coast, while they ship most coal from Richards Bay on the eastern seaboard. The Ore Users Forum, which counts Anglo’s ...

The ambitious plan to produce green steel in the Freeport Saldanha Industrial Zone has been shelved, with Sasol and ArcelorMittal citing high costs and shifting priorities. The setback raises ...

United States Steel stock has dropped almost 25% in the last one year, compared to the S&P500 index which has gained 24% during the same time. U.S. Steel’s stock price movement is aligned to ...

AMSA, which also closed down the Saldanha Steel mill in 2020, has turned down a number of offers for its shuttered or struggling plants. Scaw has made multiple offers to buy or operate Vereeniging, ...

(Bloomberg) -- Billionaire-backed ArcelorMittal SA’s plans to shut down a century-old steel mill in South Africa are holding President Cyril Ramaphosa’s dream of fostering a $257 billion ...