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Mar 22, 2013
The World Steel Association (worldsteel) has welcomed the publication of an International Organisation for Standardisation (ISO) standard that defines the calculation method of carbon dioxide (CO2) emission intensity from iron and steel production. The standard was...
Mar 20, 2013
Article contains comments
South African mineral smelters and chemical plants have the potential to generate more than 2 000 MW of electricity from hot gases, Industrial Development Corporation (IDC) CEO Geoffrey Qhena said at the official launch of the SA Calcium Carbide (SACC) cogeneration...
Mar 20, 2013
Global crude steel production for February amounted to 123-million tons, up 1.2% on that produced in February 2012, the World Steel Association (worldsteel) revealed on Wednesday. China’s crude steel production was up 9.8% year-on-year to 61.8-million tons in...
Mar 20, 2013
Article contains comments
The new Turkish owners of the Cape Town Iron and Steel Works (Cisco), in Kuilsrivier, in the Western Cape, will invest R250-million to expand and upgrade the facility and improve its energy efficiency ahead of its official restart, which is scheduled for either July...
Mar 18, 2013
Steel and vanadium producer Evraz Highveld says relations with its more than 2 300 workers are improving “steadily” following a four-week strike in July and August last year and a slow and “difficult” resumption of operations, which negatively affected its fourth...
Mar 13, 2013
Steel and vanadium slag producer Evraz Highveld Steel and Vanadium on Wednesday reported a R943-million after-tax loss for the 2012 financial year, compared with a profit of R45-million in 2011. Industrial action in the third quarter of last year and subsequent...
Mar 08, 2013
An affordable gas metal arc virtual welding simulator enables schools, colleges and even companies to begin entry-level welding training, or to use the simulator to assess the talents of new entrants, says education systems company Edit Microsystems product manager...
Mar 08, 2013
Constant assurances form senior government leaders, including President Jacob Zuma, that public sector infrastructure spending is gaining momentum have done little to dispel the notion that the multibillion-rand investment drive is failing – as with so much else in...
Mar 06, 2013
Article contains comments
Mar 01, 2013
Mar 01, 2013
Mar 01, 2013
 
 
 
Mar 01, 2013
Electric steelmaking and casting technology supplier SMS Concast is supplying long-steel producer El Marakby Steel, in Giza, Egypt with its first electric-arc furnace, which is scheduled to be commissioned at the end of 2013.
Mar 01, 2013
The Council for Scientific and Industrial Research’s (CSIR’s) National Laser Centre (NLC) is developing a mobile laser cladding system which, if all goes well, should be ready by the end of the year to service various industries, including the aerospace, defence,...
Mar 01, 2013
German-based laser manufacturer Trumpf’s new TruLaser 5000 series, comprising two-dimensional (2D) flatbed laser cutting machines, is now available in South Africa through local distributor Retecon.                TruLaser 5000 can be equipped with an 8 kW resonator,...
Mar 01, 2013
Mar 01, 2013
Several years of decline in the South African steel industry will come to an end by way of a moderate recovery in steel production over the coming years, forecasts global professional services firm KPMG industrial, automotive and pharmaceutical director Anthony...
Mar 01, 2013
Stainless steel is the material of choice for many applications in the bioethanol, biodiesel and biogas sectors as it presents a cost-efficient and reliable material solution, says international nonprofit organisation the Nickel Institute.
Feb 25, 2013
The Steel and Engineering Industries Federation of South Africa (Seifsa) has been appointed by the Manufacturing, Engineering and Related Services Sector Education and Training Authority (Merseta) to manage research into skills demand in the metals sector. The...
Feb 22, 2013
Steel producer ArcelorMittal South Africa on Friday said “good progress” had been made to replace some lost production following a fire at its Vanderbijlpark works on February 9. The company expected a portion of the steelmaking operations to resume in March, with a...
Feb 22, 2013
JSE-listed aluminium products producer Hulamin announced on Friday that CFO Charles Hughes would retire on February 28, after 33 years of service. Former MacSteel International Trading CFO David Austin would succeed Hughes as CFO on March 1.
Feb 22, 2013
 
 
 
 
Feb 20, 2013
Global crude steel production increased by 0.8% year-on-year to 125-million tons in January, the World Steel Association (worldsteel) revealed on Wednesday. China’s crude steel output for January amounted to 59.3-million tons, up 4.6% compared with January 2012.
Feb 12, 2013
South Africa’s sole beverage can manufacturer Bevcan has been awarded a five-year, R5.6-billion contract to produce and supply lightweight aluminium cans for Coca-Cola’s portfolio of beverages. Coca-Cola Canners of Southern Africa, a subsidiary of Coca-Cola Southern...
Feb 11, 2013
AltX-listed steel retailer Alert Steel has agreed to undertake a clawback offer of 48-million shares at 200c a share to raise R96-million, as part of the beleaguered company’s turnaround strategy to return to profitability. In terms of a heads of agreement, the offer...
Feb 11, 2013
ArcelorMittal South Africa has shut down its Vanderbijlpark plant, after a fire on Saturday caused extensive damage to the steelmaking facilities, the company said on Monday. No injuries were reported as a result of the incident. 
Feb 07, 2013
Guinea's alumina production fell nearly 70% in 2012 compared with the previous year owing to a prolonged shutdown of the 630 000 t Fria refinery operated by RUSAL, the finance ministry said on Thursday.Work at the Fria refinery was suspended since April 2012...
Feb 06, 2013
A formal process was initiated on Wednesday for the sale of Macsteel Service Centres SA (MSCSA), which is one of South Africa’s most substantive privately owned enterprises. The current shareholders include steel industry doyen Eric Samson and his investment...
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
The steel sector would continue to battle excess global steelmaking capacity in 2013, but should see an improved operating environment from 2014, according to a report released by Ernst & Young on Monday.
Jan 18, 2013
Article contains comments
Additive manufacturing, more commonly known as three-dimensional (3D) printing, is consumer and industry ready. It is gaining momentum as a viable tool for home use and the manufacturing of parts, from scissor handles to titanium aircraft spares.
Jan 15, 2013
Steel producer ArcelorMittal South Africa (Mittal) warned on Tuesday that some of its facilities had already closed as a result of the steep electricity price rises between 2007 and 2012, while others could reach a “tipping point” should Eskom’s application for five...
Jan 14, 2013
Steel and vanadium slag producer Evraz Highveld Steel and Vanadium announced on Monday that its 2012 fourth-quarter hot metal production volumes were 108% higher than in the third quarter.
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...
 
 
 
 
 
 
 
 
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