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Apr 24, 2015
Acting Transnet CEO Siyabonga Gama
Acting Transnet CEO Siyabonga Gama, who was appointed to the position following the surprise secondment of Brian Molefe to Eskom, has placed revenue diversification at the top of his list of immediate priorities, with the weak commodity outlook seen as having the...
Apr 23, 2015
While noting that it was not possible to forecast the extent of electricity curtailment over the remainder of the year, aluminium manufacturer Hulamin says it is “already clear” that its earnings per share (EPS) and headline earnings per share (HEPS) for the six...
Apr 21, 2015
Global crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) decreased by 2.7% year-on-year to 138-million tonnes in March. China’s crude steel production decreased by 1.2% year-on-year to 69.5-million tonnes, while Japan’s...
Apr 21, 2015
Creamer Media’s Steel 2015 report provides an overview of the key developments in the global steel industry and particularly of South Africa’s steel sector over the past year, including details of production and consumption, as well as the country's primary carbon...
Apr 20, 2015
A slowdown in China’s demand for steel is set to restrain global steel industry growth over the next two years, the World Steel Association’s (worldsteel’s) latest Short Range Outlook (SRO) for 2015 and 2016 revealed on Monday. Following a marginal 0.6% uptick in...
Apr 20, 2015
Vertically integrated steel and vanadium slag producer Evraz Highveld Steel and Vanadium, which has filed for voluntary business rescue proceedings, produced 149 000 t of crude steel in the quarter ended March 31, a 6.9% decrease on the 160 000 t produced in the...
Apr 20, 2015
Egypt will impose an 8% import tariff on rebar – reinforced steel bars – for three years, the trade ministry said on Sunday, extending temporary tariffs introduced last year to protect the domestic industry. A ministry statement said Egypt would also impose a 20%...
Apr 16, 2015
One of the two business practitioners nominated to manage Evraz Highveld Steel and Vanadium’s business rescue proceedings has confirmed that the company will continue to trade until the process has been concluded, telling Engineering News Online that the process...
Apr 15, 2015
Apr 14, 2015
Apr 10, 2015
Apr 10, 2015
Apr 07, 2015
Article contains comments
US scientists said they have invented a cheap, long-lasting and flexible battery made of aluminium for use in smartphones that can be charged in as little as one minute. The researchers, who detailed their discovery in the journal Nature, said the new aluminium-ion...
Apr 01, 2015
Article contains comments
The value of copper stolen in February decreased to R12.7-million, from R12.9-million in January, but was 18.1% higher than the value of copper stolen in February 2014, the South African Chamber of Commerce and Industry (Sacci) revealed on Wednesday. In its latest...
Mar 20, 2015
Steel production by South African manufacturers dropped 11.8% year-on-year to 500 000 t in February, bucking a global trend that saw world crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) increasing by a marginal 0.6%...
Mar 13, 2015
INDUSTRY PURSUIT Project Aeroswift will be able to produce components with various metals, including titanium and stainless steel alloys
South African research institute the Council for Scientific and Industrial Research’s (CSIR’s) National Laser Centre (NLC) has confirmed that its large-area high-speed selective laser melting (SLM) system, also known as the Aeroswift project, is on track to produce...
Mar 13, 2015
IMPROVED PROFICIENCY The speed of a fibre laser is several times higher than that of a CO2 laser
The laser-cutting industry has transitioned in recent years from using carbon dioxide (CO2) lasers to fibre laser-cutting systems, notes Switzerland-based sheet metal cutting and bending equipment supplier Bystronic. The light source of a fibre-optic laser-cutting...
Mar 13, 2015
MARKING ALTERNATIVE The Electrox Scorpion Rapide allows for complete control of the laser beam parameters to mark different materials
To provide end-users with state-of-the-art metal-cutting capabilities, local industrial laser-cutting machine designer, manufacturer, importer and distributor Beyond Laser South Africa (SA) will launch its new flatbed fibre-optic laser-cutting machines, manufactured...
Mar 06, 2015
It is imperative for the local industry to strike a healthy balance between international competition and dumping, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has said. A flood of cheap imports; unfair competition from highly...
Mar 02, 2015
Article contains comments
Feb 27, 2015
CUT TO SHAPE SSAB Shape offers steel-processing services, such as plasma and laser cutting, bending and drilling
The South African division of global advanced high-strength steel (AHSS) and quenched and tempered (Q&T) steel producer SSAB – SSAB South Africa – acquired South African wear specialist company WearClad in October last year, enabling the company to establish its own...
Feb 27, 2015
Fabrication, refurbishment and engineered solutions provider DCD Venco helped prevent further delays on the Blast Furnace N5 Reline Project at steel giant ArcelorMittal South Africa’s (AMSA’s) Newcastle Works facility in KwaZulu-Natal, in August last year, after it...
Feb 27, 2015
JSE-listed mining holding company Assore’s headline earnings for the six months ended December 31, 2014, declined by 59.2% to R990-million, mainly owing to the lower headline earnings recorded by its 50%-owned iron-ore and ferroalloy subsidiary Assmang. The...
Feb 27, 2015
World crude steel production reached just under 1.7-billion tonnes at the close of 2014 – up by 1.2% from 2013 figures, says steel industry association body the World Steel Association (worldsteel) adding that, last year, the Middle East, which is the smallest region...
Feb 27, 2015
INJECTOR TECHNOLOGY Increases the amount of primary energy needed for the melting process, which significantly reduces a steel producer’s grid-based energy consumption
The rising conversion cost of steel production, coupled with low steel consumption and oversupply, has prompted steel producers worldwide to implement technological and operational modifications to improve plant efficiencies and reduce operating costs, says the South...
Feb 27, 2015
Leading steel and steel products manufacturer Scaw Metals Group’s Cape Town branch in November received DNV accreditation from international certification body DNV-GL, certifying the company’s wire rope slings and attachments in accordance with DNV specification...
Feb 27, 2015
MODULAR ASSEMBLY The entire floor of the multistorey steel-frame system is preassembled and erected in one piece
The Southern African Institute of Steel Construction (Saisc) is concerned about the number of future infrastructure projects in South Africa, which will impact the revitalisation of the country’s struggling steel industry. Saisc CEO Paulo Trinchero tells Engineering...
Feb 27, 2015
Steel industry body the World Steel Association (worldsteel) earlier this month published a new technical report on energy use in the steel industry, highlighting that there is no single solution for steel plants to decrease their energy intensity and identifying the...
Feb 27, 2015
The Southern Africa Stainless Steel Development Association (Sassda) in November announced the winners of the 2014 Stainless Steel Awards at a gala banquet held at the Indaba Hotel in Fourways, Johannesburg. “We have seen some of the strongest entries in several...
Feb 27, 2015
The Steel and Engineering Industries Federation of Southern Africa (Seifsa) earlier this month said South Africa’s strict environmental legislation was a significant challenge for small, medium-sized and microenterprises (SMMEs) that could hamper further growth of...
Feb 27, 2015
To encourage growth and celebrate excellence in the metals and engineering sector, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has taken the initiative of introducing the yearly Seifsa Awards for Excellence. This year’s winners will be...
Feb 27, 2015
Inkatha Freedom Party president and Buthelezi clan chieftain Mangosuthu Buthelezi officially handed over the Goqo Community Hall, in KwaZulu-Natal, in December last year. The hall was donated to the Buthelezi Traditional Council by steel, tube and pipe manufacturer...
Feb 27, 2015
India-based multinational steel producer Tata Steel, which is Europe’s second-largest steel supplier, announced in January the opening of its new £11-million state-of-the-art heavy-gauge hot-rolled decoiling line in Llanwern, South Wales. Part of a steel service...
Feb 26, 2015
Steel producer Aquila Resources on Thursday instituted legal proceedings against the South African government in the Pretoria High Court to resolve an alleged overlapping prospecting right over its Avontuur manganese project, in the Northern Cape. The company said in...
Feb 26, 2015
Seifsa chief economist Henk Langenhoven
The Steel and Engineering Industries Federation of Southern Africa (Seifsa) is worried that some of the tax increases announced by Finance Minister Nhlanhla Nene in his budget speech on Wednesday, will negatively impact on the productive sectors of the South African...
Feb 23, 2015
Sales volumes of South African aluminium manufacturer Hulamin’s rolled products increased 3% to 196 000 t in the year ended December 31, with heat-treated plate and canstock products emerging as the portfolio’s strongest performers. Exports of rolled products by the...
Feb 20, 2015
Global crude steel production decreased by 2.9% year-on-year to 133-million tonnes in January, the World Steel Association (worldsteel) said on Friday. Of the 65 countries reporting to the association, China had the highest crude steel production for the month, with...
Feb 20, 2015
The Department of Trade and Industry (DTI) announced at a breakfast presentation that it would aid South African small, medium-sized and microenterprises (SMMEs) through its export marketing and investment assistance (EMIA) National Pavilions programme to showcase...
Feb 13, 2015
Feb 13, 2015
AMSA CEO Paul O’Flaherty
JSE-listed steel producer ArcelorMittal South Africa (AMSA) reported a loss of R158-million during the year to December 31, 2014, a material improvement on the R2.1-billion loss of 2013 and indicated that it expected a recovery in volumes in 2015, which should...
Feb 09, 2015
Article contains comments
The Steel and Engineering Industries Federation of Southern Africa (Seifsa) on Monday said South Africa’s strict environmental legislation was a significant challenge for small-, medium-sized and microenterprises (SMMEs) that could hamper further growth of this...
Feb 09, 2015
The National Employers' Association of South Africa (Neasa) on Monday lodged a review application in the Labour Court in Johannesburg to set aside the decision by Labour Minister Mildred Oliphant to extend the 2014 to 2017 wage agreement between the Steel and...
Feb 05, 2015
The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has extended the deadline for submission of entries for its Awards for Excellence from January 31 to April 24. The winners would now be announced on the first day of the two-day Metals and...
Feb 04, 2015
JSE-listed ArcelorMittal South Africa (AMSA) expects to report a lower loss a share of between 33c and 43c for the 2014 financial year. This would be an improvement of between 92% and 94% on the loss a share of 535c posted in the 2013 financial year, when AMSA had...
Jan 30, 2015
Hulamin CEO Richard Jacob
Richard Jacob will return as CEO of JSE-listed Hulamin following a medical leave of absence. Jacob took medical leave in July last year.
Jan 26, 2015
A Competition Tribunal hearing into alleged cartel activity and price-fixing by several companies in the wire and wire products manufacturing industry was again postponed on Monday pending a decision by the Competition Appeal Court (CAC). Respondents Allens Meshco,...
Jan 22, 2015
Global crude steel production rose 1.2% year-on-year to 1.66-billion tonnes in 2014, the World Steel Association (worldsteel) revealed on Thursday. While crude steel production in the European Union (EU), North America and Asia expanded by a modest 1.7%, 2% and 1.4%...
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