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May 09, 2012
Article contains comments
JSE-listed Evraz Highveld Steel on Wednesday said it was moving forward with its comprehensive cost reduction plan, which included labour restructuring. The steel producer was expected to start formal consultations with employee representatives on May 9, following...
May 09, 2012
The South African Iron and Steel Institute (Saisi) reported on Wednesday that its assistance to value-added steel exporters had been increased by 28.2%, from R135/t to R173/t. The increase in the rebate to those adding value of more than 20% to primary steel...
May 07, 2012
Article contains comments
State-owned freight logistics group Transnet has confirmed the receipt of nine bids in response to a request for proposals (RFP) for the purchase of 95 electric locomotives for Transnet Freight Rail’s (TFR’s) general freight business. The electric locomotives...
Apr 30, 2012
The World Steel Association (worldsteel) is forecasting global steel consumption growth to slow to 3.6% in 2012, from 5.6% in 2011, as China enters a less steel-intensive growth phase and eurozone debt crisis uncertainties continue to persist. Steel consumption is...
Apr 24, 2012
Diversified miner Anglo American on Tuesday announced the final stage of the $1.4-billion Scaw Metals Group divestment with the sale of integrated steelmaker Scaw South Africa to an investment consortium led by South Africa’s State-owned Industrial Development...
Apr 16, 2012
The Southern Africa Stainless Steel Development Association (Sassda) appointed Bill Scurr as its new executive director, effective April 2012. Scurr, a metallurgist by training, has a technical and commercial background in the industry and has been involved in...
Apr 04, 2012
The Department of Trade and Industry (DTI) on Wednesday defended its decision to exclude certain steel products from the government’s preferential procurement regulations, which came into effect in December. Government designated sectors such as rolling stock and...
Apr 02, 2012
JSE-listed steel producer ArcelorMittal South Africa (Mittal) confirmed on Monday that it had lowered the prices of some long-steel products from April 1, while leaving flat-product prices unchanged from the previous month. Spokesperson Themba Hlengani said wire...
Apr 02, 2012
Mar 20, 2012
Mar 19, 2012
Mar 19, 2012
Article contains comments
 
 
 
Mar 14, 2012
Steel and vanadium producer Evraz Highveld reported a net profit of R45-million for the year to December 31, 2011, a strong turnaround from the R549-million loss reported in the previous financial year. But the group cautioned that, despite operational and quality...
Mar 06, 2012
Trade and Industry Minister Dr Rob Davies on Monday stressed the importance of the steel industry to the South African economy as he opened the R1-billion Safal Steel metal coating facility, in Cato Ridge, KwaZulu-Natal. Davies said that the steel industry, through...
Mar 02, 2012
An investment in new laser-cutting equipment will enable sheet-metal components and subassemblies manufacturer Fabrinox to achieve a higher processing speed on thin metals.
Mar 02, 2012
President Jacob Zuma’s State of the Nation address, which focused largely on government infrastructure development plans, holds promise for the future of the light steel frame building (LSFB) sector, says the Southern African Light Steel Frame Building Association...
Mar 02, 2012
The growing importance for companies to strategically position themselves within a reachable radius of end-users has resulted in JSE-listed steel distributor BSi Steel accelerating its plans to expand its Express outlets nationwide.
Mar 02, 2012
Among its priorities for this year and beyond, there are none more crucial to the Southern African Institute of Steel Construction (Saisc) than the promotion of steel as a green product, the protection of the local consumer – especially from the importation of...
Mar 02, 2012
For the South African steel construction industry to be competitive in Africa – where the world’s next major economic growth spurt will occur - and especially the sub-Saharan Africa region, some important changes will have to be made, says Southern African...
Mar 02, 2012
During the seventeenth Conference of the Parties, or COP 17, in Durban last year, a major job creation initiative went almost unnoticed, says Southern African Institute of Steel Construction (Saisc) industry development director Kobus de Beer.
Mar 02, 2012
Surging steel prices continue to contribute to tough trading conditions, especially for small, medium-sized and microenterprises (SMMEs), Western Cape-based steel products manufacturer Any Steel director Hendrik Groenewald tells Engineering News.
Mar 02, 2012
The risk of the current global economic difficulties unravelling further may have a detrimental influence on export demand supplied by local industries, the Steel and Engineering Industries Federation of South Africa (Seifsa) tells Engineering News.
 
 
 
 
Feb 20, 2012
JSE-listed aluminium products producer Hulamin on Monday reported a 7% increase in headline earnings to R80-million, while its turnover for the 2011 financial year, ended December 31, was up by 20%, at R6.96-billion. Operating profit, before the metal price lag...
Feb 17, 2012
The rebranding and restructuring of heavy engineering company DCD, previously DCD-Dorbyl, is aimed at improving its international competitiveness while manufacturing products and components for the international and local markets, says DCD MD Rob King.
Feb 07, 2012
Africa's largest steel producer ArcelorMittal South Africa (Mittal) has completed its due diligence of an unnamed iron-ore exploration prospect in the Northern Cape and would move to buy the resources once it had received the necessary approvals from Mineral...
Feb 06, 2012
Industrial gases group Air Liquide reported on Monday that it would invest some R400-million in a new 770 t/d air separation unit (ASU) in South Africa after concluding a 20-year oxygen supply contract with JSE-listed steel and vanadium producer Evraz Highveld....
Jan 27, 2012
A breakthrough by researchers at the National Laser Centre (NLC) of the Council for Scientific and Industrial Research (CSIR) promises to make local aeronautics company Aerosud a world leader in niche aerostructural components manufacture within the next three...
Jan 23, 2012
South Africa’s steel output fell by 12.7% year-on-year to 6.7-million tons last year, while global production surged 6.8% to 1.53-billion tons, the World Steel Association (worldsteel) reported on Monday. South African Iron and Steel Institute (Saisi) information...
Jan 23, 2012
Article contains comments
An industry lobby group comprising large mining groups and mineral processing companies is cautioning against the proposed introduction of a carbon tax in South Africa until South Africa has fully charted its abatement potential and the costs implications of...
Jan 19, 2012
Article contains comments
Steelmakers globally will be under pressure to remain profitable this year, as the sector now faced “significant” over-capacity, Ernst & Young (E&Y) mining and metals leader Mike Elliot said on Thursday. Steelmaking capacity growth continues to exceed demand...
Jan 16, 2012
Trade and Industry Minister Dr Rob Davies says the South African government continues to view a developmental steel price as an "obligation" of the 2001 unbundling of Iscor into separate mining and steel companies and that it would continue to "insist" on a...
Dec 16, 2011
International steel and power generation and distribution company JSW Group has identified South Africa as a prime location for substantial investment, as part of the company’s overall plans for expanding its rapidly-developing global footprint, focusing on key...
 
 
 
 
Dec 16, 2011
AltX-listed steel merchant BSi Steel is introducing new products and services to the retail market in South Africa and is also expanding its African and South African presence to boost its growth, says BSi Steel CEO Grant Mackenzie.
Dec 15, 2011
Judge Raymond Zondo, of the North Gauteng High Court, has ruled against the Department of Mineral Resources (DMR) in a high-profile mineral rights dispute regarding the controversial award of prospecting rights over 21.4% of the lucrative Sishen iron-ore mine, in the...
Dec 09, 2011
Steel producer ArcelorMittal South Africa (Mittal) has proposed a delay to arbitration proceedings with Kumba Iron Ore (Kumba) regarding the status of the Sishen supply agreement until a mining rights dispute, currently the subject of a High Court review, has been...
Dec 02, 2011
Steel pipe manufacturer Hall Longmore has appointed Dubai-based Unimet as a distributor of its range of large-bore steel pipes. Steel financing, trading and shipping company Unimet has long standing contracts with steel conglomerates in Europe, the Commonwealth of...
Nov 18, 2011
The Southern African Institute of Steel Construction (Saisc) will promote increased cooperation and dialogue between itself, government and the steel construction industry, in general, to maximise opportunities in a tough global construction environment, says Saisc...
Nov 18, 2011
Fluctuating steel prices and the effects of the continued uncertain global economic conditions have resulted in end-users being wary of stocking up on steel products, says steel processor BSi Steel Shearcut director Jerry Govender.
Nov 15, 2011
Steel and vanadium producer Evraz Highveld, which reported a net loss of R31-million for the nine months to September, expects significant operational and quality improvements to flow on from its extensive maintenance and improvement projects, which were nearing...
Nov 11, 2011
Steel and vanadium producer Evraz Highveld is pursuing a range of initiatives, including cogeneration, designed to reduce its fast-rising power-related costs – the JSE-listed group’s electricity bill has surged to represent nearly 20% of total costs from around...
Nov 09, 2011
The Labour Court on Wednesday dismissed an urgent application by the National Employers’ Association of South Africa (Neasa), the Plastics Converters’ Association of South Africa and Riverpark Crane Hire, to overturn the extension of a wage agreement to...
Nov 07, 2011
Article contains comments
South African steel producer ArcelorMittal South Africa confirmed on Monday that it had instituted increases to flat- and long-steel prices as from November 1, 2011. CEO Nonkululeko Nyembezi-Heita announced the increases during the group’s recent third-quarter...
 
 
 
 
Nov 03, 2011
Article contains comments
Steel producer ArcelorMittal South Africa, which slumped to a dramatic third-quarter loss of R460-million on the back of serious operational disruptions and a rise in input costs, said it had increased domestic selling prices from November 1 notwithstanding recent...
Oct 28, 2011
The use of Inox, also called stainless high-grade steel, is increasing rapidly across the world in the metalworking, construction and construction-related industries.
Oct 28, 2011
The Southern African Stainless Steel Development Association (Sassda) expects domestic stainless steel consumption figures to recover somewhat in the coming months, after a challenging 18-month period.Stainless steel market on the road to recovery
Oct 28, 2011
Power tools supplier Metabo has increased its range of tools for stainless steel processing by introducing the RB 18 LTX 60 cordless pipe belt sander.
Oct 28, 2011
Steel processor and supplier BSi Steel plans to improve the slitting capabilities of its Shearcut division, following a R15-million investment in a precision slitting line imported from South Korea.
 
 
 
 
 
 
 
 
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