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Founded in 2010 with a strong vision to be a reliable, technically capable, and customer-focused supplier of stainless steel fasteners in South Africa, Fastenright has become a trusted partner ...
Chrome is essential for manufacturing stainless steel. South Africa has the largest deposits in the world, but this mine, no longer profitable, had been shuttered for decades.
The nation’s largest steel producer, ArcelorMittal South Africa (Amsa), has issued warnings about ongoing uncertainties affecting its local operations, threatening the stability of the sector.
ArcelorMittal South Africa said on Wednesday it is in talks with the government and other parties for funding that could delay the planned closure of its long steel operations.
ArcelorMittal South Africa will cease long steel production by April this year after discussions with the government failed to avert the plant's closure, the company said on Friday.
A plan by Jindal Steel & Power Ltd. to develop an up-to $2 billion iron-ore mine in South Africa is facing opposition from communities who say the operation would require thousands of homes and ...
Crude steel production has declined. Between January and October 2024, South Africa produced 4.06 million metric tons of crude steel, a 1.1 percent drop from 2023 and a 29.3 percent drop from the 5.75 ...
ArcelorMittal South Africa reported a wider 5.1 billion headline loss in 2024, from 1.89 billion rand the year before. ($1=18.4996 rand) (Reporting by Nelson Banya; Editing by David Evans and ...