In a significant economic upheaval, ArcelorMittal South Africa, the continent's largest steelmaker, has announced the closure of its operations in Newcastle and Vereeniging.
Transnet Port Terminals (TPT) has successfully concluded the yearly ten-day maintenance shutdown of the Port Elizabeth Bulk Terminal to ensure the seamless handling of manganese for the next 12 months.
South Korea unveiled a 38 trillion won ($29 billion) financial package over the next five years aimed at helping local electric-vehicle battery makers diversify their supply chains as the US calls for a reduced reliance on China.
Shares in Thyssenkrupp have experienced a dip following the news, with concerns about potential financial contributions deterring some investors. A key challenge is the 2.6 billion euros in steel-related pension liabilities, a stumbling block in negotiations w...
Egypt-based long steel producer EI Marakby Steel and Egyptian electrical company Elsewedy Electric have signed a memorandum of understanding to achieve strategic cooperation between the two companies in the field of sustainability by providing solutions for en...
In a recent announcement,Australia-based mining giant Rio Tinto has outlined its ambitious goals for the annual capacity of its Pilbara iron ore business.