AMSA confirms another round of steel price increases from May 1

AMSA confirms another round of steel price increases from May 1

Steel producer ArcelorMittal South Africa (AMSA) has confirmed yet another round of price increases on both flat- and long-steel products, announcing average increases of 10% from May 1 and reinforcing what has become an established pricing trend since the start of 2016. However, acting CEO Dean Subramanian has again insisted that the latest increases have […]

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Bulk land sale boosts AECI’s earnings to 6%

Explosives and specialty chemicals company AECI’s headline earnings per share (HEPS) rose 6% to 894c for the year ended December 31, mostly owing to benefits gained from the company’s bulk property sale in Somerset West in June 2015, which contributed 230c to HEPS. Speaking at the company’s results presentation on Tuesday, CEO Mark Dytor highlighted […]

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Castrol supplies lubricants for record-chasing Bloodhound SSC

Global industrial and automotive lubricants brand Castrol will be on the forefront of innovation when the Bloodhound Supersonic Car (SSC) attempts to break the land speed record by reaching 1 609 km/h this year. The British Pangbourne- based oil company, which announced its participation in the project in 2014, will supply all the lubricants for […]

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