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Metals & Engineering News

Tokyo Steel to keep product prices steady in May

By: Reuters     16th April 2018 Tokyo Steel Manufacturing, Japan's top electric-arc furnace steelmaker, on Monday said it would hold product prices steady in May due to slow local demand. The decision marks three months of price freezes by the company. 

SA firm’s high-capacity air hoists making inroads into global oil and gas, marine sectors

By: Schalk Burger     13th April 2018 Industrial pneumatic equipment manufacturer ATS 2000 is reporting significant demand for its high-capacity air hoists in the international oil and gas market and for industrial and marine applications, says ATS 2000 MD Glenton Rebello. The company has manufactured four 60 t air hoists at its... 

SA firm’s high-capacity air hoists making  inroads into global oil and gas, marine sectors
EXPORT AIR HOIST ATS focused on international exposure and has identified opportunities to grow exports

UK project could halve titanium parts production costs

By: Rebecca Campbell     13th April 2018 The British Ministry of Defence (MoD) announced late last month that its Defence Science and Technology Laboratory (officially abbreviated to Dstl) had, in cooperation with the University of Sheffield, developed of a radical new method of producing titanium parts. Dstl has so far invested almost... 

Global trade growth strong but at risk if conflict escalates, WTO says

By: Reuters     12th April 2018 World trade in goods is maintaining a robust recovery, but it still might falter if trade tensions escalate further, the World Trade Organization said in its annual forecast on Thursday. Trade in goods will grow 4.4% this year after a decade averaging 3.0% a year following the financial crisis.... 

Solidarity worried about impact of US tariffs on South African steel industry

By: Simone Liedtke     11th April 2018 South African trade union Solidarity has expressed its concern about the possible impact of the import tariffs on steel and aluminium products recently announced by the US. The 25% import tariff on steel and the 10% tariff on aluminium affects the South African steel industry directly as the... 

Seifsa celebrates transformed companies in metals, engineering sector

By: Simone Liedtke     9th April 2018 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has called on companies that have embraced transformation in the metals and engineering sector to submit entries for the Most Transformed Company of the Year category of this year’s Seifsa Awards for Excellence. The... 

Company resupplies machine stock to keep S. African market supplied

By: Victor Moolman     6th April 2018 To keep its supply of stud-welding machines current, furnace and industrial services company The Dickinson Group keeps a range of such machines in stock at its Vereeniging headquarters at all times. The company has supplied more than 600 stud-welding machines over the past 24 years to the mining,... 

Company and distribution partner provide largest range of tools in S. Africa

By: Victor Moolman     6th April 2018 Owing to its well-established relationship with its loyal distribution partners and distribution network in Southern Africa, a large range of about 5 200 individual line items of hand tools from professional tools manufacturer Jonnesway are being used in Southern Africa, says Carel Venter, the... 

Company and distribution partner provide largest range of tools in S. Africa
TOOL RANGE Jonnesway has a wide range of tools and works with original-equipment suppliers to ensure that tools are always available

South Africa’s renewables focus shifting from costs to jobs and transformation

By: Terence Creamer     5th April 2018 The themes of transformation and employment in the renewable-energy sector have started to eclipse traditional concerns over cost and reliability following government’s highly contested, and much delayed, decision to press ahead with the signing of agreements for another 27 renewables independent... 

South Africa’s renewables focus shifting from costs to jobs and transformation
Photo by Dylan Slater
Energy Minister Jeff Radebe

China seeks WTO dispute resolution with US over steel, aluminum tariffs

By: Reuters     5th April 2018 China's commerce ministry said on Thursday it has initiated a World Trade Organization (WTO) dispute resolution procedure over US tariffs on its import of steel and aluminum. The move follows a back and forth dispute between the two countries over free trade, that has escalated from an... 

Renewed optimism in industry for Middelburg-based Columbus Stainless steel plant 

5th April 2018 Middelburg-based Columbus Stainless aims to remain committed to the growing domestic stainless steel market, while Sassda believes that 2018 may be the year to break the downward trend of consumption in South Africa. 

Renewed optimism in industry for Middelburg-based Columbus Stainless steel plant
Renewed optimism in industry for Middelburg-based Columbus Stainless steel plant. Editing: Christo Greyling

Kobe Steel to invest $471m to raise automotive steel output

By: Reuters     4th April 2018 Kobe Steel, Japan's third-biggest steelmaker, said on Wednesday it will invest 50-billion yen ($471-million) in domestic facilities to increase output of high-tensile steel to meet a growing need for lighter materials from automakers. It is the company's first major capital investment since it... 

Competition Commission approves Amsted’s acquisition of Scaw Cast Products

By: Marleny Arnoldi     29th March 2018 The Competition Commission has approved the proposed acquisition by US-based manufacturer Amsted Rail Company of Cast Products South Africa (SA).  

Trade back on the global, African agenda 

29th March 2018 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about Africa’s plans to conclude a continental free trade agreement and South Africa’s discussions with the US regarding steel tariffs. 

Trade back on the global, African agenda
Trade back on the global, African agenda

WTO chief sees no sign of US walking away from WTO

By: Reuters     28th March 2018 There is no sign that the United States is distancing itself from the World Trade Organization, and negotiations are underway to avert a global trade war, WTO Director-General Roberto Azevedo said in a BBC interview broadcast on Wednesday. US President Donald Trump has launched a series of... 

South Africa willing to accept metals quotas as it intensifies bid for US tariffs exclusion 

By: Terence Creamer     26th March 2018 Trade and Industry Minister Dr Rob Davies revealed on Monday that South Africa was willing to accede to quotas on its steel and aluminium exports to the US as part of the country’s ongoing bid to be excluded from tariffs imposed on March 23 following a proclamation signed by President Donald... 

South Africa willing to accept metals quotas as it intensifies bid for US tariffs exclusion
Photo by Reuters
US President Donald Trump

South Korea steel shares rise on US steel tariff exemption

By: Reuters     26th March 2018 South Korea's steelmakers rose on Monday, with market heavyweight Posco leading the overall sector after the United States agreed to exempt South Korea from its new steel tariffs. Washington will impose a quota on steel imports instead, while South Korea in return will improve access for U.S.... 

Global crude steel production increases 3.5% y/y in February

By: Simone Liedtke     26th March 2018 Global crude steel production increased by 3.5% year-on-year to 131.8-million tonnes in February, the World Steel Association (worldsteel) reported on Monday. Africa’s crude steel production increased by 4% year-on-year to 1.1-million tonnes, mainly as a result of a 7.6% year-on-year increase in... 

South Africa makes formal request for exclusion from US metals tariffs 

By: Terence Creamer     23rd March 2018 Trade and Industry Minister Dr Rob Davies has made a formal submission to the US requesting the exclusion of South Africa from the imposition of duties on steel and aluminium products. A provision allowing for country-based exclusions from a 25% increase in the steel tariff and a 10% duty on... 

South Africa makes formal request for exclusion from US metals tariffs
US President Donald Trump

Trump temporarily excludes EU, six other allies from steel tariffs

By: Reuters     23rd March 2018 US President Donald Trump has temporarily excluded six countries, including Canada and Mexico, and European Union states from higher US import duties on steel and aluminum meant to come into effect on Friday. In a Presidential proclamation published late on Thursday, Trump said he would suspend... 

EU trade chief hopeful of exemption from Trump tariffs

By: Reuters     22nd March 2018 European Trade Commissioner Cecilia Malmstrom expressed cautious optimism on Thursday that US President Donald Trump would exempt the European Union from import tariffs to be imposed on steel and aluminium. The United States is set to begin charging import duties of 25% on steel and 10% on... 

China partially wins WTO case over Obama-era US tariffs

By: Reuters     22nd March 2018 The US did not fully comply with a 2014 ruling against its anti-subsidy tariffs on a range of Chinese products, a World Trade Organisation compliance panel said in a ruling on Wednesday that either side can appeal within 20 days. The ruling came ahead of the White House's announcement on... 

China partially wins WTO case over Obama-era US tariffs

WTO members say US actions threaten trade body's credibility

By: Reuters     20th March 2018 Nearly 50 countries expressed concern on Tuesday about the "serious threat" to the World Trade Organisation posed by unilateral trade actions, a pointed reference to US import tariffs that have caused a global outcry. Delivering concluding remarks after a two-day informal meeting of the WTO... 

China iron-ore, steel extends losses as lofty China inventories weigh

By: Reuters     20th March 2018 Chinese iron-ore prices fell further on Tuesday, a day after posting their biggest daily drop in almost ten months as high inventories and a weak domestic steel market pressure prices. Near-term inventory risks have dampened the outlook for steel and iron-ore prices short term, Argonaut said in a... 

US govt to accept metals tariffs exclusion requests from Monday

By: Reuters     19th March 2018 The US Commerce Department said it will begin accepting requests on Monday for product exclusions from President Donald Trump's new steel and aluminum import tariffs, but it could take up to 90 days for the agency to make determinations. In a notice published on Saturday on the Federal Register... 

2018 brings renewed optimism for South African stainless steel industry

By: Simone Liedtke     12th March 2018 This year may break the downward trend of reduced consumption in the South African stainless steel industry, says South African Stainless Steel Development Association (Sassda) director John Tarboton. He notes that stainless steel consumption dropped by about 5.6% in 2017, and that the industry... 

South Africa to make tariffs submission as Trump leaves door open for exclusions

By: Terence Creamer     9th March 2018 The Department of Trade and Industry (DTI) says it is studying US President Donald Trump’s proclamations to impose a new 10% tariff on aluminium products and a new 25% tariff on steel products from March 23. However, the department also confirmed that it would be making a formal submission to the... 

South Africa to make tariffs submission as Trump leaves door open for exclusions
Photo by Bloomberg
US President Donald Trump

WTO says there is still time to discuss US tariff move

By: Reuters     9th March 2018 World Trade Organization (WTO) members still have time to discuss the US tariffs on steel and aluminium imports signed by President Donald Trump on Thursday, and it is up to them what happens next, WTO spokesperson Dan Pruzin told reporters on Friday. "Certainly there is still time to discuss... 

Mintek to develop technologies to selectively recover PACs

9th March 2018 Geochemical and metallurgical analysis company Mintek is currently conducting a project called Pacman for which the aim is to separate valuable metal and unreacted material from waste during ferrochrome production. The project is run by Mintek’s pyrometallurgy and minerals processing divisions.... 

Mintek to develop  technologies to selectively recover PACs
MARKUS ERWEE Mintek wants to develop technology that could be used by communities around smelters

EU warns Trump of trade war, China raises concerns at WTO

By: Reuters     7th March 2018 Europe and the IMF urged Donald Trump on Wednesday to step back from the brink of a trade war, after the resignation of his economic adviser emboldened those encouraging him to push ahead with tariffs on imported steel and aluminium. The departure of Gary Cohn, seen as a bulwark against Trump's... 

Columbus aims to export competitively, while growing local market consumption

By: Simone Liedtke     6th March 2018 Columbus Stainless is positioned well to export competitively to the international market, while remaining committed to growing domestic demand for stainless steel. With market consumption of about 120 000 t/y of flat production, CEO Lucien Matthews says South Africa is the largest consumer of... 

South African steel, aluminum firms watchful, but not overly anxious, as US tariff hikes loom

By: Terence Creamer     6th March 2018 South African steel and aluminium firms remain watchful and uncertain about the effects that a proposed increased US trade protection will have. However, the companies also indicate that they will seek to mitigate the risk through export diversification, as well as a continued focus on markets... 

South African steel, aluminum firms watchful, but not overly anxious, as US tariff hikes loom
US President Donald Trump

Deal with excess steel capacity in global forum, OECD says

By: Reuters     6th March 2018 Excess steel capacity should be dealt with in a global forum for the problem to avoid an escalation of trade disputes, OECD chief Angel Gurria said on Tuesday following the Trump administration's plans to introduce import tariffs. Leaders of Group of 20 economic powers set up the Global Forum on... 

Deal with excess steel capacity in global forum, OECD says
Photo by Creamer Media
OECD secretary general Angel Gurria

WTO chief urges States to stop first dominoes of trade war

By: Reuters     6th March 2018 The head of the World Trade Organization (WTO) told member states on Monday they must prevent "the fall of the first dominoes" in a trade war and warned of a real risk of triggering an escalation of global trade barriers and a deep recession. World trade policy is in turmoil because of US... 

WTO chief urges States to stop first dominoes of trade war
Photo by Reuters
WTO director general Roberto Azevedo

China will cut 30Mt of steel, 150Mt of coal this year – NDRC

By: Reuters     5th March 2018 China will cut steel capacity by 30-million tonnes and coal output by 150-million tonnes this year, its top economic planner said on Monday, putting the world's top metal and energy market on track to beat long-term targets. In a work report at the opening of the annual meeting of parliament, the... 

Europe's firm response to stop short of trade war with Trump

By: Reuters     2nd March 2018 The firm response Europe has pledged to planned US tariffs on steel and aluminium imports is likely to stop short of triggering the trade war that open market supporters fear. US President Donald Trump said on Thursday the United States would apply duties of 25% on imported steel and 10% on... 

Europe's firm response to stop short of trade war with Trump

Trump trade war talk spooks emerging stocks

By: Reuters     2nd March 2018 Emerging market stocks fell to two-week lows on Friday, with steelmakers taking a pounding after President Donald Trump said he would impose hefty tariffs on US imports of steel and aluminium, reviving fears of a trade war. Trump said the duties of 25% on steel and 10% on aluminium would be... 

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