News News August 2011

Global steel capacity utilisation ratio fell in July

by Terence Creamer
22 August 2011

Global crude steel output for the 64 countries reporting to the World Steel Association (worldsteel) was 127-million tons in July, or 11.5% higher than July 2010, and more or less in line with the 128-million tons produced in June.

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Kumba to be charged in rights dispute

by news24.com
17 August 2011

Pretoria - The government will lay criminal charges against Kumba Iron Ore [JSE:KIO] over its application for a mining right over the company’s Sishen mine it did not yet own, a lawyer for the department of minerals resources said on Wednesday.

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ArcelorMittal furnace out of action

by news24
10 August 2011

Johannesburg - ArcelorMittal SA [JSE:ACL], a unit of the world's top steelmaker, said on Wednesday that a furnace at its Newcastle plant had failed and would be out of service for the next two months.

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