02
Apr
01:00
ArcelorMittal South Africa in talks to procure Zimbabwean coking coal: reports
ArcelorMittal South Africa (AMSA) is in talks with Zimbabwe-based miner Hwange Colliery Company to procure coking coal for use in its coke plants, according to Zimbabwean press reports. AMSA holds a 10% stake in Hwange.
“The deal is in the context of a shareholder supporting its interest,” a source close to the development is quoted as saying. “AMSA is looking at about 50,000 tonnes/month which can be increased with time.” Hwange is s…
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Anonymous
Very good overview of the weekly steel market.
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