Interesting news below, for Mick,
The Dagnote Cement steel non-executive director position could be interesting to Zenyatta and the
chairman position of Macsteel could be interesting for stainless.
https://www.bloomberg.com/news/articles/2018-04-23/dangote-cement-appoints-ex-xstrata-ceo-cherie-blair-to-board
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Dangote Cement Plc appointed former Xstrata Plc Chief Executive Officer Mick Davis as a non-executive director alongside Cherie Blair, a lawyer and the wife of ex-U.K. Prime Minister Tony Blair, as Nigeria’s largest company looks to strengthen its board.
Davis ran Xstrata, the mining giant now owned by Glencore Plc, for twelve years through 2013. He’s now the chairman of Macsteel and the CEO of the U.K.’s ruling Conservative party.
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Chairman of Macsteel, (I notice that they trade and distribute stainless steel amongst other items)
http://www.macsteelinternational.com/steel-trading/
For more than thirty years the Macsteel Group has been trading steel around the globe. From small beginnings in the Far East during the early 1980s, following the acquisition of trading house Leo Raphaely & Sons, the Group's steel trading operations are housed in the holding company Macsteel International Trading Holdings B.V. (MITHBV) and products are now traded through New York, Hong Kong, Australia and Dubai.
In the early years the majority of the steel was sourced from South African producer Iscor, renamed ArcelorMittal South Africa (AMSA), the largest steel producer in South Africa . Today, AMSA remains an important source of steel products to the Group along with other producers and suppliers around the globe.
Trading and distribution includes the following services:
- Sourcing of steel products and raw materials
- Marketing and selling of steel products and raw materials
- Claims handling
- Logistics management
- Banking services
- After sales support
MITHBV is particularly well placed to provide these services through our worldwide network of offices and agents, who have built up significant knowledge and experience of their local market needs.
MITHBV trades in a vast range of products including hot and cold rolled coil, billets, wire rod, slabs, stainless steel, aluminium, reinforced bar, tubes and pipes, galvanized and engineered steel products and iron ore.