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ArcelorMittal longs business closure to impact on jobs, industrial capacity

Creamer Media editor Terence Creamer discusses ArcelorMittal South Africa's announcement that it may cut about 3 500 jobs as it plans to wind down its long-products business

Monday, December 4, 2023

The collapse of the Steel Master Plan and disintegration of industry

The steel industry is the backbone of any economy, it forms the foundation of any modern economy and is essential to every single sector.

Monday, December 4, 2023

EU-US Global Arrangement on Sustainable Steel still shaky

Following the meeting of the EU Trade Council on 27 November 2023, there still seems to be no solution to the steel dispute with the United States.

Monday, December 4, 2023

Mining Boosts Australia Business Investment to 8-Year High, Outlook Upbeat

Australian business investment rose to an eight-year high in the September quarter thanks to a rebound in mining, while plans for future spending were upgraded in a much-needed boost for economic growth.

Friday, December 1, 2023

Giyani secures $16m for Botswana manganese project

Canada-headquartered Giyani Metals has secured $16-million in financing from South Africa’s Industrial Development Corporation (IDC) to advance its battery-grade manganese project in Botswana.

Friday, December 1, 2023

Champion Iron bolsters liquidity for growth opportunities

Quebec Iron Ore (QIO), a subsidiary of TSX- and ASX-listed Champion Iron, has completed a $230-million term-loan financing facility, significantly increasing its available liquidity to support organic growth and development opportunities to decarbonise steelma...

Thursday, November 30, 2023

Euro Manganese shares jump on project financing deal with Orion Resource Partners

Euro Manganese (TSXV, ASX: EMN) announced on Tuesday that it has signed definitive agreements with Orion Resource Partners Group for $100 million financing to advance the development of the Chvaletice project in the Czech Republic.

Thursday, November 30, 2023

Ferro alloys sees ray of hope

The current market scenario is expected to remain same for some time reflecting soft demand of Ferro Alloys against minimum production of steel in the market. On the other hand, selling price is lower than the costing of Ferro Alloys due to high production c...

Thursday, November 30, 2023
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