1
Everything Mining Industry
 
Country Focus
Back Copies
 
Mining Weekly Magazine
 
Engineering News Magazine
 
How to Guide
 
 
more  
 
Limit search to:
Where?
With?
Start Date   
End Date   
 
 
 
Back
 Address to refer: https://www.researchchannel.co.za/article/weak-domestic-steel-demand-forces-amsa-to-run-upgraded-newcastle-mill-below-capacity-2015-05-05
 Article Headline: Weak steel demand forces AMSA to run upgraded Newcastle mill below capacity
 Abstract: Steel producer ArcelorMittal South Africa (AMSA), which recently completed the R2-billion reline of the blast furnace at the Newcastle mill, has decided not to immediately ramp up the plant to its expanded 1.9-million-tonne-a-year nameplate capacity, owing to weak domestic market conditions. Speaking during a tour of the upgraded KwaZulu-Natal facility CEO Paul O'Flaherty said that, while the JSE-listed group’s ‘fill the mills’ strategy remained largely intact and was helping to lower costs, particularly at its Vanderbijlpark operation, it would be “financial suicide” for Newcastle to pursue the strategy in the current environment.
 Your Name:
 Your e-mail:
 Your colleague's e-mail: - separate emails by commas, maximum limit of 4 addresses
 A personal note:
 

Please enter the letters you see in the image below
Verification Image. Please refresh the page if you cannot see this image.

 
 
 
 
 

Latest content...

Report Cover Buy Report   Just Energy Transition 2024: Investing in the future Buy Report Hydrogen 2024: Implementation crucial going forward Buy Report   Hydrogen 2024: Implementation crucial going forward Buy Report Roads, Rail & Ports 2024: Inefficiencies reach new lows Buy Report   Roads, Rail & Ports 2024: Inefficiencies reach new lows Buy Report Africa Mining PIP cover image Buy Report   Africa Mining Projects in Progress 2024 Buy Report Iron-Ore 2023/24: Bracing for change Buy Report   Iron-Ore 2023/24: Bracing for change Buy Report Platinum Group metals image Buy Report   Platinum Group Metals 2023: Crucial Element in the Energy Transition Buy Report
 
Image of ammonia formula Coega green ammonia project, South Africa – update Published: 17 May 24 Image of HinkleyC steam generator transport Hinkley Point C nuclear power plant project, UK – update Published: 17 May 24 Image of solar/wind/bess Umoyilanga hybrid renewables battery project, South Africa – update Published: 17 May 24
 
TPT starts financial year off with increases in bulk, container volumes Published: 17 May 24 The Ngqura container terminal State-owned ports manager Transnet Port Terminals (TPT) has recorded a 10% year-on-year increase in container volumes moved across all 19 of its... Minerals Council, Geoscience, IDC going all out to boost South African exploration Published: 17 May 24 Minerals Council South Africa CEO Mzila Mthenjane A collective effort was apparent on Friday when Minerals Council South Africa, the Council for Geoscience and the Industrial Development... ESG key as investors back gold ETPs, metals funds – Tabula Published: 17 May 24 Gold exchange-traded products (ETPs) and metals funds are expected to benefit the most from positive flows into the commodities sector this year,...
 
Engineering News 17 May 2024   Engineering News 17 May 2024 View Back Copy Engineering News 10 May 2024   Engineering News 10 May 2024 View Back Copy Engineering News 03 May 2024   Engineering News 03 May 2024 View Back Copy Engineering News 26 April 2024   Engineering News 26 April 2024 View Back Copy Engineering News 19 April 2024   Engineering News 19 April 2024 View Back Copy Engineering News 12 April 2024   Engineering News 12 April 2024 View Back Copy
 
Register for daily alerts on news as it breaks in various key economic sectors - Click here to register
Close