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Dec 23, 2014
Goldman Sachs Group has sold its controversial metals warehousing business to Swiss private equity group Reuben Brothers, the Wall Street bank said on Monday. The deal for Metro International Trade Services comes months after Goldman formally put the business on the...
Dec 12, 2014
Give its large mining potential, African economies are expected to play an increasingly important role in producing raw materials for the production of steel. The Economic Cooperation and Development (OECD) said it was expecting growth from  South Africa, in...
Dec 12, 2014
Growth in the steel industry worldwide has stabilised following substantial fluctuations during the recession, but a fair amount of uncertainty remains, particularly as a result of structural change in the Chinese economy, according to World Steel Association...
Dec 12, 2014
The government’s substantial infrastructure programme outlined in the National Development Plan is expected to drive demand for steel over the next decade, says Trade and Industry Deputy Minister Mzwandile Masina. He told over 250 delegates to the Organisation for...
Dec 12, 2014
The Steel and Engineering Industries Federation of Southern Africa (Seifsa) announced on Thursday that it would launch the Seifsa Awards for Excellence in 2015.
Dec 08, 2014
Evraz Group SA, a unit of Russia's largest steelmaker, Evraz, said on Monday it would repurchase up to $750-million of its notes due in 2015 to reduce its US dollar debt exposure. The early tender purchase price was set at $1 005 per $1 000 in principal amount of...
Dec 08, 2014
The month-long strike in the metal sector knocked back the third-quarter growth rate of the South African economy by more than half of what it could have been, the SA Reserve Bank (SARB) said on Monday. In its latest Quarterly Bulletin, the bank said the annualised...
Dec 05, 2014
The Libyan Iron and Steel Company (Lisco), one of North Africa's biggest steelmakers, has seen output slump this year as the turmoil in the country hit power supplies but hopes better security will lift output in 2015, its chairman said. Chairperson Mohamed...
Dec 03, 2014
Dec 02, 2014
Nov 28, 2014
Nov 24, 2014
 
 
 
Nov 21, 2014
South Africa will become the first African country to host the Organisation for Economic Cooperation and Development’s (OECD’s) Steel Committee Conference when the committee’s seventy-seventh session takes place in Cape Town between December 11 and 12. The...
Nov 21, 2014
Article contains comments
Steel among the five resource value-chains being prioritised
The Mineral Beneficiation Action Plan (MBAP), which is currently in draft form, should be finalised by the end of March 2015, the Department of Trade and Industry (DTI) has confirmed. The department is leading the drafting process, which also involves the National...
Nov 19, 2014
Steel producer ArcelorMittal South Africa (AMSA) on Wednesday advised shareholders that it had experienced unforeseen delays in restarting the blast furnace at its Newcastle Works following the completion of the furnace reline at the end of October. The JSE-listed...
Nov 14, 2014
PREVENTATIVE STRATEGY SMS Group assists the industry in monitoring predictive failure and scheduled shutdowns
Steel plant processing technology, equipment and services specialist SMS Siemag South Africa, a division of SMS Group, has registered significant demand growth for preventative maintenance in the local ferrous, nonferrous and ferroalloys industries, paired with a 10%...
Nov 13, 2014
Article contains comments
Pan-African Investment and Research Services CEO Dr Iraj Abedian
Respondents to the Manufacturing Circle’s quarterly Manufacturing Bulletin surveys have become increasingly pessimistic about the outlook for the sector, notwithstanding a recovery in output in September and improvement to the Purchasing Managers' Index (PMI)....
Nov 10, 2014
Trade union Solidarity says steel producer ArcelorMittal South Africa (AMSA) has issued 200 employees at its Vanderbijlpark plant with Section 189 retrenchment notices. In terms of the notice, the affected employees could apply for voluntary severance packages....
Oct 31, 2014
Oct 31, 2014
Article contains comments
Oct 24, 2014
FIRST ORDER Columbus Stainless supplied type 301 and 304L coils and sheets for the Passenger Rail Agency of South Africa’s passenger coach replacement project
Stainless steel flat products producer Columbus Stainless received the first order in February this year to supply coils and sheets for the first 20 passenger train sets that form part of the Passenger Rail Agency of South Africa’s (PRASA’s) passenger coach...
Oct 24, 2014
MILL EFFICIENCY Large stainless steel producers are looking for mill concepts offering high capacity and reduced operation costs
While increasing energy costs and the necessity to reduce carbon dioxide (CO2) emissions call for more energy efficient cars, trucks, machines and plants, the steel and stainless steel industries have focused on developing new steel grades with higher strength for...
 
 
 
 
Oct 24, 2014
NEW COMMISSION The ACF Cornerformer Multiflex machine can be used for the corner forming mild steel of up to 4 mm and stainless steel of up to 3 mm
Sheet-metal component manufacturer Fabrinox expects to complete four projects with a collective value of about R50-million for the mining, water treatment, laboratory, and the food and beverage industry within the next six months, Fabrinox MD André Visser tells...
Oct 24, 2014
DUPLEX GRADE INCREASE Over the past thirteen years, the market share of duplex stainless steels worldwide has doubled
There is a growing willingness from industry to accept newer stainless steel materials, particularly duplex stainless steels, Southern Africa Stainless Steel Development Association Fabricator Sector chairperson Gary Crawford tells Engineering News. He says that, for...
Oct 24, 2014
COMPARABLE QUALITY The Italian Welding Institute indicated favourable quality, welding ability and penetration results for the stainless steel MIG wire
Stainless steel metal and inert gas (MIG) welding wire, locally produced by stainless steel bar and wire producer Wire Products Stainless Steel (WPSS) since 2010, was tested by the Italian Welding Institute, in Genova, in the past two months and was found to be...
Oct 24, 2014
OPERATIONAL LONGEVITY The most prominent benefit of the 8499/ 8470/ 8477/ 8478 series of stainless steel castors is corrosion resistance
Castor manufacturer Tente Castors South Africa introduced its stainless steel 8499/ 8470/ 8477/ 8478 series of stainless steel castors this year, says company technical manager Steve Thomas. The series comprises swivel, swivel with total lock, fixed and P67 plate...
Oct 24, 2014
SUPPLY DEMAND Local primary supply of stainless steel in the industry increased from 68 262 t in the first half of 2013 to 73 913 t for the first half of this year
The local stainless steel industry remained stable during the first six months of the year, but Southern Africa Stainless Steel Development Association (Sassda) forecasts a 3% to 4% drop in apparent stainless steel consumption by the end of the year, newly appointed...
Oct 24, 2014
SAFETY SOLUTION The Leuze S420 stainless steel switch is ideal for the food and beverage industries where strict cleanliness and hygiene control are critical
Local sensor solutions company Countapulse Controls is locally distributing a new stainless steel safety hinge switch from Germany-based sensor solutions company Leuze, which offers a solution for mechanically and hygienically challenging problems in sectors such as...
Oct 24, 2014
EASY PRINTING The PRO-Mark LCD pin-marking machine uses programmable marking and component identification
Stainless steel clamping and identification systems distributor Banding & Identification Solutions Africa (Bisa) acquired a PRO-Mark liquid crystal display (LCD) pin-marking machine at the end of last year and demonstrated the machine’s capabilities at the Electra...
Oct 22, 2014
Global crude steel output in September, at 134.4-million tonnes, was marginally lower than the 134.5-million tonnes produced in September 2013. According to the World Steel Association (worldsteel), China produced 67.5-million tonnes of crude steel in September,...
Oct 20, 2014
After a R1.5-billion impairment charge resulted in Hulamin reporting negative earnings per share (EPS) of 422c for the 2013 financial year, the aluminium supplier said on Monday that EPS and headline earnings per share for the 2014 financial year were expected to...
Oct 06, 2014
The World Steel Association (worldsteel) on Monday lowered its global steel demand growth forecast to 2% for 2014 and 2015, as the positive momentum seen during the second half of 2013 abated in 2014, with a weaker-than-expected performance in emerging and developing...
 
 
 
 
Oct 03, 2014
Henk Langenhoven
The Steel and Engineering Industries Federation of Southern Africa (Seifsa) warned on Friday that the metals and engineering sector could contract by between 2% and 3% in 2014, owing primarily to the fallout from a month-long strike in July. The sector, which made...
Oct 01, 2014
CoAL CEO David Brown
A national debate is needed to discuss ways of lowering the high cost of railing bulk commodities like coal, says Coal of Africa Limited (CoAL) CEO David Brown. The London-, Sydney- and Johannesburg-listed CoAL plans to produce nearly seven-million tons of saleable...
Sep 29, 2014
JSE-listed Evraz Highveld Steel & Vanadium, which is undergoing an ownership change, confirmed on Monday that Johan Burger had been appointed as its new CEO with effect from October 1, 2014, following on the resignation of Jan Valenta. Valenta was appointed CEO in...
Sep 26, 2014
KEY SERVICES PROVIDER DRS Mozambique has been rendering site-wide smelter services to the aluminium industry, which include pot delining and relining
Owing to the continuous expansion of its specialised services in the aluminium industry, local furnace and industrial services company Dickinson Group of Companies has registered a 60% increase in business from this industry in the past 20 years. “We can now offer...
Sep 26, 2014
INDUSTRY DECLINE Without significant amendments to the preferential policy, the aluminium and scrap beneficiation industry will continue to decline
The secondary aluminium industry has remained uncompetitive in the world market of beneficiated aluminium products, despite the directive of the preferential pricing on scrap metal, issued by the Department of Economic Development in September last year, Non-Ferrous...
Sep 26, 2014
DEMAND INCREASE Ford, General Motors and Fiat Chrysler will become the biggest users of aluminium sheet in the next decade
By 2025, more than 75% of all new pickup trucks produced in North America will be aluminum-bodied, according to a survey of vehicle manufacturers conducted by US-based consulting and research firm Ducker Worldwide. The study, which confirms a significant breakthrough...
Sep 26, 2014
BENEFICIATION NEED Rather than exporting the sheet and rolled aluminium products, the local aluminium industry can focus on more value addition
Aluminium industry body Aluminium Federation of South Africa (Afsa) predicts a doubling in local demand for rolled aluminium products in the next five years and a subsequent increase in employment for the industry. “Exciting potential for the future remains, as the...
Sep 26, 2014
COMPLETE SOLUTION The cold rolling mill comprises a six-high mill stand, three shearing lines and a strip-coating line designed for 50 000 t/y
Steel and aluminium plant processing technology, equipment and services specialist SMS Siemag supplied a complete cold rolling mill to Turkey-based aluminium company Asas-Alüminyum for its new works at Adapazan-Akyazi, about 150 km to the east of Istanbul....
Sep 26, 2014
INDUSTRY NEED To maintain a sustainable South African aluminium industry, the companies would need to secure electricity supply
The availability of stable energy sources at competitive prices remains a core challenge for the South African aluminium industry, says EY Africa mining and metals leader Wickus Botha. “As aluminium smelting processes are significantly energy intensive, these...
Sep 26, 2014
SYSTEM NEUTRAL Productivity enabled a user to optimise aluminium purchases and cutting of aluminium
Manufacturing management software developer Bizmantools has registered a ten-fold increase in business from the aluminium and glass manufacturing industries in the past year, in addition to significant positive response towards its labour productivity management...
 
 
 
 
Sep 25, 2014
Scaw CEO Markus Hannemann
Securing sufficient scrap metal of the correct quality in order to ensure the efficient and sustainable operation of numerous electric arc furnaces is a key challenge currently faced by the Scaw Metals Group of Ekurhuleni. Another challenge also being addressed by...
Sep 18, 2014
Article contains comments
Geoffrey Qhena
The detailed feasibility study into a $4.5-billion, two-phase steel project planned for development by the Hebei Iron and Steel Group, of China, and South Africa’s Industrial Development Corporation (IDC) should be completed in the first quarter of 2015, IDC CEO...
Sep 18, 2014
Global stainless steel melt shop production increased 10.6% year-on-year to 20.9-million tons in the first half of 2014, the International Stainless Steel Forum (ISSF) revealed on Thursday. Production increased in all regions, except for Central and Eastern Europe,...
Sep 18, 2014
JSE-listed African Oxygen (Afrox) has signed a ten-year extension for the supply of 50 t/d of oxygen to steel and steel products manufacturer Scaw Metals Group’s Wadeville works, in Gauteng. Afrox said the new agreement, encompassing previous updates of old...
Sep 12, 2014
Article contains comments
Trade and Industry Minister Dr Rob Davies
Trade and Industry Minister Dr Rob Davies confirmed on Friday that the Hebei Iron and Steel Group, of China, was set to partner with the State-owned Industrial Development Corporation (IDC) on the development of steelmaking capacity based on the raw material...
 
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