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Feb 06, 2013
Article contains comments
Feb 06, 2013
Feb 06, 2013
Feb 06, 2013
AltX-listed Alert Steel on Wednesday said its CEO Johan du Toit had resigned and would serve his notice until February 28. The share price of the embattled steel retailer, which reported a loss and headline loss a share of 5.4c and 4.3c respectively for the 2012 full...
Feb 06, 2013
Steel group ArcelorMittal South Africa (Mittal) slumped to a R518-million headline loss for the year ended December 31, 2012, on weak market conditions – a sharp pullback from the headline loss of R52-million recorded in the previous financial year. The final quarter...
Feb 05, 2013
Article contains comments
The South African Institute of Foundrymen (SAIF) has come out in support of a draft government proposal to restrict the export of ferrous and nonferrous scrap metal through a mechanism stipulating that domestic consumers are given first right of refusal, as well as...
Jan 29, 2013
A consortium led by South Africa’s State-owned Industrial Development Corporation (IDC) and black-economic empowered Commuter Transport Engineering (CTE) has acquired Union Carriage & Wagon (UCW) from Murray & Roberts (M&R) for an undisclosed amount. CTE founder and...
Jan 22, 2013
Global crude steel output reached a record 1.55-billion tons in 2012, up 1.2% compared with 2011, on the back of growth in Asia and North America, while crude steel production in the European Union (EU) and South America decreased. Yearly production out of Asia was...
Jan 21, 2013
Jan 18, 2013
Article contains comments
Jan 15, 2013
Jan 14, 2013
 
 
 
Jan 10, 2013
ArcelorMittal SA, the world's largest steelmaker, raised $4-billion in a combined offering of shares and convertible notes, it said on Thursday, compared with $3.5-billion expected previously. It sold notes at a 6% yearly coupon, roughly in the centre of the 5.875%...
Jan 07, 2013
World crude steel production for November 2012 increased by 5.1% year-on-year to 122-million tons.
Dec 14, 2012
Heavy engineering manufacturer DCD sponsors several local schools in the Vereeniging area and is also drawing apprentices for its newly opened training centre from local communities. This enables the company to use its training to bring learners from local...
Dec 13, 2012
JSE-listed Kumba Iron Ore on Thursday agreed to a new interim pricing agreement with ArcelorMittal South Africa (Mittal), ensuring the supply of iron-ore to the steelmaker until the end of 2013 – the agreement was finalised with mediation support from the Department...
Dec 12, 2012
AltX-listed steel retailer Alert Steel has seen some marked improvement in its performance for 2012 as a result of turnaround interventions, CEO Johan du Toit said on Wednesday, despite still reporting a full-year loss. In its results for the year ended June 30, the...
Dec 11, 2012
Article contains comments
Mining majors Rio Tinto and Anglo American announced on Tuesday that they would sell a 74.5% shareholding in the Palabora Mining Company to a consortium of South African and Chinese entities in a deal valuing the JSE-listed copper and magnetite producer at...
Nov 26, 2012
South Africa’s State-owned Industrial Development Corporation (IDC) says it is aware of the capital constraints that continue to hinder Scaw Metals from realising its growth ambitions and that are constraining it from playing a more meaningful reindustrialisation...
Nov 26, 2012
Resources group Anglo American reported on Monday that it had completed the R3.4-billion sale of South African steel group Scaw to a consortium led by the State-owned Industrial Development Corporation (IDC). The consortium also includes black economic-empowerment...
Nov 23, 2012
While it has always been common practice in the construction industry for a client to outsource contract responsibility to engineering, procurement and construction management (EPCM) companies or engineering, procurement and construction (EPC) companies, there has...
Nov 23, 2012
The performance of the Southern African Institute of Steel Construction (Saisc) and the Southern African steel construction industry’s level of professionalism are, as a whole, on par with the best in the world, says Saisc executive director Dr Hennie de Clercq.
 
 
 
 
Nov 23, 2012
Steel, tube and pipe manufacturer Robor played a signicant role in three projects that took top honours at the Southern African Institute of Steel Construction (Saisc) Steel Awards 2012.
Nov 23, 2012
Although the rand has plummeted in recent months owing to decreased investor confidence in local industry, it is still too strong for the steel export market to flourish, says International Steel Fabricators of South Africa (ISF) director and industry stalwart Kobus...
Nov 23, 2012
The Southern African Institute of Steel Construction (Saisc) is investing time and money into finding new engineering techniques for the industry, based on the conviction that part of the success of an industry association is its ability to provide its members with...
Nov 23, 2012
The large quantities of fabricated structural steel coming into South Africa from China, Saudi Arabia, India, Turkey and Thailand, besides other countries, continue to significantly impact on the local economy, says Southern African Institute of Steel Construction...
Nov 23, 2012
The Southern African Institute of Steel Construction (Saisc) will, in March next year, host the SteelFuture Conference in Johannesburg – a gathering that will focus on the future of the global steel construction industry.
Nov 20, 2012
JSE-listed ArcelorMittal South Africa (Mittal) on Tuesday said it would have a new CFO from January 2, as Rudolph Torlage shifts his focus to strategic projects. The steel company named Matthias Wellhausen, the VP of finance and controlling and CFO of ArcelorMittal...
Nov 09, 2012
The South African electricity transmission system will need to change materially over the next 30 years if the country is to have any realistic hope of moving ahead with its current plan to diversify its generation mix away from coal to the integration of more...
Nov 07, 2012
JSE-listed aluminium products producer Hulamin and Nampak division Bevcan have entered into an agreement for the supply of aluminium sheeting for the manufacture of aluminium-bodied beverage cans. Hulamin said on Wednesday that deliveries of aluminium sheeting to...
Oct 31, 2012
JSE-listed Arcelor Mittal South Africa (Mittal) was anticipating the long-awaited arbitration hearing between itself and the Sishen Iron Ore Company (SIOC), regarding the status of an iron-ore supply agreement, to take place during the second half of 2013. However,...
Oct 31, 2012
Instead of completing the R230-million dust-extraction system at its Vanderbijlpark plant to abate fugitive emissions that escaped from electric arc furnaces, steel producer ArcelorMittal South Africa (Mittal) had taken the decision to close its furnaces...
 
 
 
 
Oct 31, 2012
Oct 26, 2012
Sheet metal component manufacturer Fabrinox is undertaking a capacity expansion programme at its operations in Paarl, says MD Andre Visser.
Oct 26, 2012
Despite the numerous short-term challenges facing the South African stainless steel industry, the long-term outlook is positive, says Southern Africa Stainless Steel Development Association (Sassda) executive director Bill Scurr.
Oct 26, 2012
Water and wastewater treatment equipment supplier Circuit Water Engineering Equipment is providing mechanical equipment, of which about 80% is made from stainless steel, for the eThekwini municipality’s Northern Wastewater Treatment Works (WWTW), in KwaZulu-Natal.
Oct 26, 2012
Stainless steel flat products producer Columbus Stainless has implemented a new information technology (IT) software system, which has enabled it to develop a new operations planning system to improve the facilitation of the planning and execution of its...
Oct 26, 2012
Article contains comments
Architectural metalwork, structural steelwork and sheet metal contractor Rebcon Engineering took top honours at the South African Stainless Steel Development Association’s (Sassda’s) 2012 Stainless Steel Awards, walking away as the overall winner for the stainless...
Oct 26, 2012
Metals finishing provider Rimex Metals South Africa will supply stainless steel for Phase 2 of Cape Town’s bus rapid transit (BRT) system, the construction of which is planned to start in early 2013.
Oct 26, 2012
Structural steel specialist Portal Frame Structures, a subsidiary of the Pro Roof Steel Merchants group of companies, has supplied steel beams for the construction of a production and storage facility for steel fabricator Euro Steel, another subsidiary of Pro Roof...
Oct 26, 2012
Project management and contracting company Vinquip Projects has successfully completed the design and supply of equipment, as well as the project management, for the expansion and upgrade of a Paarl winery’s cellar.
Oct 24, 2012
Steel producer ArcelorMittal South Africa (Mittal) has been ordered to cease operations at certain units at its Vanderbijlpark plant over air-emission concerns. The Gauteng Department of Agriculture and Rural Development on Monday instructed the company to cease...
 
 
 
 
Oct 22, 2012
Article contains comments
Oct 17, 2012
The Department of Trade and Industry- (DTI-) facilitated mediation process between ArcelorMittal South Africa (Mittal) and Kumba Iron Ore regarding an interim iron-ore pricing and supply agreement remains ongoing. Trade and Industry Minister Rob Davies appointed a...
Oct 12, 2012
It is not in the interest of South Africa’s embattled manufacturing industry to allow the trade unions in the sector to lose their “control and authority”, Steel and Engineering Industries Federation of South Africa (Seifsa) Henk Duys said on Friday. Delivering the...
Sep 28, 2012
Growth in South Africa’s aluminium industry has recovered slowly since the 2008/9 economic crisis, but volumes have not yet returned to pre-2008 levels, highlights Aluminium Federation of South Africa (Afsa) executive director Mark Krieg. He states that certain...
Sep 28, 2012
Aluminium, tilt casting and aluminium light-fixture manufacturer Wahl Industries is supplying thousands of aluminium overhead bulk fittings to various schools in the country. The company states that government has started to reinvest money in schools. Wahl has...
 
 
 
 
 
 
 
 
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