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Apr 23, 2014
Creamer Media’s Steel 2014 report provides an overview of 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 steel and stainless...
Apr 22, 2014
South Africa increased crude steel production by 21.1% year-on-year in March, producing 615 000 t of the metal and outperforming the global production pace, which increased by 2.7% year-on-year to 141-million tons for the third month of 2014. World Steel Association...
Apr 17, 2014
The value of copper stolen increased slightly to R11-million in March from R10.7-million in February, increasing by 10% year-on-year and coming in slightly above the 2013 monthly average of R10.5-million, the South African Chamber of Commerce and Industry (Sacci)...
Apr 16, 2014
Michael Garcia
Steel and vanadium producer Evraz Highveld Steel and Vanadium on Wednesday appointed executive director and FD Jan Valenta CEO, with immediate effect, after Michael Garcia stepped down. Olga Luzik would replace Valenta, who was appointed FD and director in 2011.
Apr 15, 2014
Ghana has banned the export of ferrous scrap metal immediately in a bid to make more raw material available to sustain the West Africa country's steel industry, Trade Minister Haruna Iddrisu said on Tuesday. Iddrisu said the government was also drafting legislation...
Mar 31, 2014
AltX-listed steel retailer Alert Steel on Monday reported a 14.7% increase in its headline loss, for the six months ended December 31, to R31.8-million as difficult trading conditions persisted. This translated into an 11.6% increase in the loss a share from 62.1c...
Mar 27, 2014
In the first monthly decrease of the year, the South African Chamber of Commerce and Industry’s (Sacci’s) Copper Theft Barometer dropped from R11.4-million in January to R10.7-million in February, settling at a figure 2.7% lower than a year before. As a result,...
Mar 21, 2014
NEW COATING The hardness of the new coating ensures no brittleness, flaking or distortions
Local components manufacturer Carlmach Engineering has introduced a new wear-and-impact resistant (WAIR) coating, specifically designed for use in abrasive and slurry applications, for pumps components. “The new coating can triple or quadruple a pump’s life...
Mar 20, 2014
Mar 12, 2014
Feb 28, 2014
Feb 28, 2014
 
 
 
Feb 28, 2014
LOW MAINTENANCE The Tsubaki Kabelschlepp cable carrier system feature self-cleaning links, and advantages include high-load carrying capacity and high-impact resilience
Engineering components distributor Bearing Man Group (BMG) has recently completed the installation of a new steel cable carrier system, of undisclosed value, at a straightening mill of one of the largest steel producers in Africa. “This project in Newcastle,...
Feb 28, 2014
Effective energy management is showing significant cost savings at South Africa’s largest steel producer, ArcelorMittal’s Western Cape plant in Saldahna, says the National Cleaner Production Centre of South Africa (NCPC-SA). Energy savings were achieved at the...
Feb 28, 2014
WARRICK ROBERTSON Although international credit insurer Coface forecasts a modest recovery for the steel industry, the company emphasizes that sub-Saharan Africa is a growing market for South African steel products
International credit insurer Coface noted a 40% increase in the number of steel company liquidations in 2013. “Coface encountered 55 cases of liquidation in the local steel industry last year,” Coface industry analyst Warrick Robertson says, adding that the...
Feb 28, 2014
MARKING SMART The new InfoDent 8400-20 pin marking machine can print on uneven surfaces and machine-readable information or two-dimensional code onto hot steel products
The new version of the InfoDent 8400-20 pin marking system, designed for marking hot, primary metals or steel products, which was launched in mid-2013, has an improved controller, which increases the marking speed and can print machine-readable information, or...
Feb 28, 2014
POLAND SHALE GAS The discovery of and exploration for shale gas and gas finds across the world can reduce gas prices which will benefit steel producing companies that use gas to manufacture steel
Owing to the discovery of and exploration for shale gas in the US and Canada, as well as gas finds off Mozambique and Asia, the global steel industry is set to undergo a radical makeover, but South Africa may not immediately benefit from the lower gas prices, states...
Feb 28, 2014
FUTURE CONFIDENCE BSI Steel is optimistic in its ability to adapt and overcome the challenges currently facing the steel industry
Steel distributor BSi Steel reports that it has fulfilled its aim of reaching growth of 28% in 2013. “Although South Africa’s steel consumption declined by at least 6% in the domestic steel market, BSi Steel has been on a sustained growth drive, which has...
Feb 28, 2014
STEEL INCREASE Duferco Distribution Services will introduce new quench and tempered steel materials in a width of 3 m onto the South African market this year
Steel distribution and processing company Duferco Distribution Services’ steel sales have increased by about 300% since January last year, as more industries, such as mining, transport, recycling and cement, are expressing interest and buying its Quard and Quend...
Feb 28, 2014
An industry survey conducted by the Southern African Light Steel Frame Building Association (SASFA) revealed an increase in the use of the light steel frame building (LSFB) method in South Africa.   “Mainly, the survey showed that the mass of steel used in South...
Feb 27, 2014
The value of copper stolen increased for a second consecutive month in January, swelling from R10.5-million in December to R11.4-million for the first month of the year, the South African Chamber of Commerce and Industry’s (Sacci’s) Copper Theft Barometer...
Feb 25, 2014
Overcapacity in China's steel sector is so severe that it is "probably beyond our imagination", an official at the Chinese steel industry association said on Tuesday. China's iron-ore imports are expected to rise 6% from a year ago to reach 870-million tonnes in...
 
 
 
 
Feb 24, 2014
JSE-listed aluminium products manufacturer Hulamin has announced a R300-million investment in additional scrap separation, processing and recycling equipment, with start up planned in mid-2015, in a bid to wean the company off its partial dependency on rolling slab...
Feb 07, 2014
Feb 07, 2014
Feb 07, 2014
Steel producer ArcelorMittal South Africa (AMSA) reported a R524-million operating-profit turnaround in 2013, with earnings recovering to R47-million from a loss of R477-million in 2012. However, the company still reported a headline loss of R224-million for the...
Feb 04, 2014
AMSA acting CEO Dr Hans Ludwig Rosenstock
Following the December announcement that steel producer ArcelorMittal South Africa (AMSA) CEO and executive director Nonkululeko Nyembezi-Heita would step down on February 18, COO Dr Hans Ludwig Rosenstock has been appointed acting CEO and executive director while...
Jan 29, 2014
Article contains comments
Jan 23, 2014
South Africa lifted its overall steel production by 4.1% in 2013, increasing output from 6.9-million tons in 2012 to 7.2-million tons, making it the twenty-first largest steel producing country in the world. The World Steel Association (worldsteel) revealed on...
Jan 16, 2014
Article contains comments
Aluminium products manufacturer Hulamin has advised shareholders that it has entered into negotiations with BHP Billiton South Africa over the future of slab supply from the Bayside casthouse, in Richards Bay. This followed BHP Billiton having initiated a formal...
Jan 15, 2014
Evraz Highveld Steel and Vanadium posted a near across-the-board narrowing of production volumes for the fourth quarter ended December 31, owing largely to a planned shutdown, which was timed to coincide with customer closures over the festive season. The production...
Jan 10, 2014
Industry body, the Steel and Engineering Industries Federation of South Africa (Seifsa), has expressed concern over the relapse of slower growth in the metals and engineering sector in the last quarter of 2013, with only a 2% increase over the last three months of...
 
 
 
 
Dec 17, 2013
Article contains comments
TORONTO (miningweekly.com) – US aluminium producer and refine Alcoa this week announced that it had inked a $110-million multi-year agreement with aeroplane manufacturer Airbus to supply value-add titanium and aluminium aerospace parts. NYSE-listed Alcoa said the...
Dec 12, 2013
Article contains comments
South Africa’s Constitutional Court delivered its judgment on Thursday relating to the long-running mineral rights dispute involving the Sishen iron-ore mine, in the Northern Cape. The ruling, which is still being studied by the participants, has thrown up a...
Dec 09, 2013
Nonkululeko Nyembezi-Heita
In yet another surprise high-profile resignation, ArcelorMittal South Africa (AMSA) CEO Nonkululeko Nyembezi-Heita has announced that she will be leaving the company on February 18, following a six-year stint. Her resignation follows only days after Eskom CEO Brian...
Dec 06, 2013
PAOLO TRINCHERO The steel construction industry is ready to benefit from the employment opportunities and growth that will come with the National Development Plan
To spur the local steel industry to grow by at least 5% a year over the next 10 years, the Southern African Institute of Steel Construction (Saisc) will increase its focus on improving relationships with its counterparts in other African countries. Recently...
Dec 04, 2013
JSE-listed Evraz Highveld narrowed its headline losses during the nine months to September, on the back of increased sales, higher vanadium prices, a reduction in costs and the recovery effect of a 2012 four-week strike. The group's headline losses reached...
Nov 28, 2013
ECIC CEO Kutoane Kutoane
The State-owned Export Credit Insurance Corporation (ECIC) has initiated a process to explore whether or not it would be feasible and beneficial for South Africa to establish an export-import (Exim) bank, to provide one-stop lending and insurance support for...
Nov 28, 2013
South African steel products manufacturer Scaw Metals on Wednesday broke ground at the site of its new 50 000 t/y grinding media manufacturing plant, in Tema, Ghana. Scaw already had a local presence in the country through its Tema sales office, which was established...
Nov 26, 2013
Article contains comments
Steelmaking under way
South Africa’s only graphite electrodes plant, which is also the sole manufacturer on the African continent, is facing possible closure, putting 370 jobs at risk. The plant, which was established in 1965 in Meyerton, 50 km south of Johannesburg, currently supplies...
Nov 22, 2013
Article contains comments
Saldanha Steel is able to produce 1.2-million tons of thin-gauge steel yearly
Steel producer ArcelorMittal South Africa is hoping to conclude a power purchase agreement (PPA) early next year with an independent power producer (IPP), which is proposing the development of a 800 MW power station on the Saldanha Steel mill site, in the Western...
Nov 22, 2013
The Southern African Institute of Steel Construction (Saisc) has appointed Paolo Trinchero as its new CEO. He takes over from Dr Hennie de Clercq, who has retired after being at the helm of Saisc for the last 13 years. Trinchero says he looks forward to the...
 
 
 
 
Nov 22, 2013
In a bid to further grow the steel industry and curb job losses, the South African Institute of Steel Construction (Saisc) is aiming to expand into the metal  and power line sectors. The institute recently launched two independent sub-associations: the Power Line...
Nov 22, 2013
South African steel fabricators will need to focus on offering a competitive, turnkey value-added solution to win market share in sub-Saharan Africa and further north on the continent, International Steel Fabricators of South Africa (ISF) director Neels van Niekerk...
Nov 22, 2013
The Southern African Institute of Steel Construction (Saisc) has launched a ‘buy local’ campaign in an attempt to impede the unnecessary loss of jobs in the steel construction industry. The campaign, which started with the erection of a billboard on the R21...
Nov 20, 2013
South African crude steel production for October increased 10.2% year-on-year to 660 000 t, surpassing the 6.6% average production uptick of the 65 countries reporting to the World Steel Association (worldsteel) in the same month. The bulk of October’s global crude...
Nov 18, 2013
Article contains comments
 
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