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Metals News

Next Evraz Highveld steps to be outlined on Feb 23 after sale plan fails

By: Terence Creamer     5th February 2016 The practitioners overseeing business rescue proceedings at Evraz Highveld Steel and Vanadium reported on Friday that the proposed transaction to sell the business as a going concern to International Resources Limited, of China, had failed. In an operational and transaction update, Piers Marsden... 

Govt assures steel industry of its support

By: Megan van Wyngaardt     5th February 2016 Government is working closely with all stakeholders in the steel sector to secure agreement on a comprehensive package of measures to support South Africa’s primary steel production capabilities, it said on Friday.   The domestic steel sector was struggling amid a global supply glut and cheap... 

Govt assures steel industry of its support

Robust, nonclogging materials extend life of cooling towers

     5th February 2016 The upgrading of a cooling tower’s fill media with components constructed out of robust and non-clogging materials such as polypropylene (PP), polyvinyl chloride (PVC) or stainless steel can lead to cost-effective ways of extending the life of a cooling tower. According to cooling tower... 

Robust, nonclogging materials extend life of cooling towers
RENOVATION Regularly upgrading the cooling tower reduces maintenance downtime

Independent power solution now ‘critical’ to Saldanha steel mill's survival 

By: Terence Creamer     4th February 2016 ArcelorMittal South Africa (AMSA) revealed on Thursday that it was reviewing the future business case of its Saldanha Works, in the Western Cape, where the steel mill’s viability had come under severe pressure as a result of persistent electricity price increases. The warning over the mill’s... 

Independent power solution now ‘critical’ to Saldanha steel mill's survival
Photo by Duane Daws
Outgoing AMSA CEO Paul O’Flaherty

Eskom tariff rate hikes could be catastrophic for steel industry, warns Seifsa 

By: Anine Kilian     4th February 2016 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has warned that if State-owned power utility Eskom’s request for a 16% electricity tariff increase is granted, it will leave the steel industry in dire straits. Speaking at the National Energy Regulator of South Africa... 

Eskom tariff rate hikes could be catastrophic for steel industry, warns Seifsa

Big scrap looms over proposed new scrap export rules 

By: Terence Creamer     29th January 2016 South African scrap merchants and domestic scrap consumers are taking strongly opposing positions regarding proposed amendments to the price preference system (PPS) policy guidelines, which will govern the future exportation of ferrous and nonferrous scrap metal. The proposed changes were... 

Big scrap looms over proposed new scrap export rules

Tribunal hearings continue into alleged price-fixing in wire industry

By: Natasha Odendaal     27th January 2016 A years-long battle over allegations of a price-fixing cartel in the galvanised wire and wire products industry continued this week as the Competition Tribunal sat down to hear arguments from wire and wire products manufacturers Allens Meshco and Cape Gate, along with ten others. The companies,... 

Tribunal hearings continue into alleged price-fixing in wire industry

World Bank lowers 2016 outlook on 37 of the 46 commodities it tracks

By: Terence Creamer     26th January 2016 The World Bank has lowered its 2016 price forecast for 37 of the 46 commodities it monitors and has warned that low prices for oil and other commodities are “likely to be with us for some time”. The bank’s latest ‘Commodity Markets Outlook’ cut its price outlook for oil this year to $37/bl, from... 

World Bank lowers 2016 outlook on 37 of the 46 commodities it tracks

S Africa posts 16.3% uptick in 2015 steel output to 7.6Mt

By: Natalie Greve     25th January 2016 While crude steel output from the 66 steel producing countries reporting to industry body worldsteel saw a 2.8% year-on-year drop to 1.62-billion tonnes, South Africa managed to lift its output by 16.3% over the 12 months, delivering 7.6-million tonnes of steel and becoming the world’s... 

S Africa posts 16.3% uptick in 2015 steel output to 7.6Mt

AMSA rights offer undersubscribed

By: Natalie Greve     18th January 2016 After announcing in December that it would undertake a R4.5-billion fully underwritten renounceable rights offer, ArcelorMittal South Africa (AMSA) said on Monday that the offer, which closed on January 15, was undersubscribed, with only 68.1% of the offered shares being taken up. In respect of... 

AMSA rights offer undersubscribed

AMSA moves ahead with applications for ‘safeguard duties’

By: Terence Creamer     7th January 2016 Steel producer ArcelorMittal South Africa (AMSA) confirmed on Wednesday that it had submitted applications to the International Trade Administration Commission of South Africa (Itac) in December for “specific safeguard duties” on bars and rods, rebar, wire rod, hot rolled coil, cold rolled coil... 

AMSA moves ahead with applications for ‘safeguard duties’

SA govt moves to protect domestic steel industry with 10% duty

By: Henry Lazenby     22nd December 2015 South Africa has instituted rates on five categories of steel wire rod and steel reinforcing bar, increasing protection for an industry battered by slower demand and dumping from China. Effective December 18, certain steel products would attract a 10% duty. 

SA govt moves to protect domestic steel industry with 10% duty

AMSA CEO resigns, but to stay on as nonexecutive director

By: Natalie Greve     14th December 2015 ArcelorMittal South Africa (AMSA) CEO and executive director Paul O’Flaherty has resigned, citing a wish to “pursue other interests”. He would step down after the announcement of the 2015 year-end results on February 12, 2016, after which he would be appointed as a nonexecutive director, with... 

AMSA CEO resigns, but to stay on as nonexecutive director
Photo by Duane Daws
Paul O’Flaherty

Hulamin, Nampak ink new supply deal

By: Natalie Greve     14th December 2015 Aluminium supplier Hulamin has agreed terms with Nampak for the supply of some 110 000 t of rolled aluminium can end, can body and can tab stock over a three-year period, starting in April next year. The previous supply agreement totalled about 50 000 t and terminated in March 2016. The new... 

Hulamin, Nampak ink new supply deal

South African stainless sector expected to track sideways in 2016 

By: Terence Creamer     11th December 2015 South Africa’s stainless steel consumption, which has recovered from the slump experienced during the 2009 recession, is expected to track sideways in 2016. Apparent consumption in 2015 rose 1.9% year-on-year to 190 000 t, which is below the post-crisis peak of nearly 210 000 t, but still... 

South African stainless sector expected to track sideways in 2016
Sassda executive director John Tarboton in conversation with Engineering News editor Terence Creamer on the performance of the stainless steel sector in 2015 and the outlook for 2016. Camera Work & Editing: Nicholas Boyd.

Highveld seeks alternatives to retrenchment, inks deal with DoL

By: Natasha Odendaal     7th December 2015 In an attempt to limit the impact of business rescue on employees, Evraz Highveld Steel and Vanadium has inked a deal with trade unions and the Department of Labour (DoL) that would see 600 staff placed on a six-month skills improvement programme. Funded by the Unemployment Insurance Fund (UIF),... 

Highveld seeks alternatives to retrenchment, inks deal with DoL

Creditors approve Mapochs mine business rescue plan

By: Megan van Wyngaardt     2nd December 2015 Creditors have voted in favour of a business rescue plan for Evraz Highveld Steel and Vanadium’s (Highveld’s) 74%-owned Mapochs mine. The mine would thus avoid liquidation and remain in business, Highveld said on Wednesday. 

Creditors approve Mapochs mine business rescue plan

S Africa’s October steel production up 23.8% y/y

By: Megan van Wyngaardt     20th November 2015 South Africa’s crude steel production increased by 23.8% year-on-year to an estimated 650 000 t in October. Global crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was down 3.1% year-on-year to 134-million tons. 

S Africa’s October steel production up 23.8% y/y

Draughting students shine at bridge building event

     20th November 2015 Students from the Southern African Institute of Steel Construction (SAISC) School of Draughting at Genrec Engineering, in Wadeville, Germiston, have excelled in the recently held on October 2nd  University of Johannesburg Department of Civil Engineering Technology’s yearly bridge building... 

Entries on a par with previous years despite tough times

     20th November 2015 Southern African Institute of Steel Construction (SAISC) Awards convenor Spencer Erling says the quality of the entries for this year’s Steel Awards easily matched the outstanding quality of previous years. “We are going through very tough times in the steel construction industry yet, in spite of... 

Entries on a par with previous years despite tough times
OVERALL WINNER The Square Kilometre Array Africa Radio Antenna Positioner was the overall winner of Steel Awards 2015, as well as the event's Tubular category

Institute absorbs other industry bodies to mitigate sector’s challenges

     20th November 2015 The Southern African Institute of Steel Construction (SAISC) is certainly not pessimistic about the future, even though the steel construction industry is currently under significant pressure, notes CEO Paolo Trinchero. He says: “To consolidate the efforts of industry associations and to optimise... 

Institute absorbs other  industry bodies to mitigate  sector’s challenges
PROJECTS OF SUBSTANCE NEEDED The most important issue facing the steel construction today is the lack of meaningful projects

Light steel frame building no longer ‘alternative’

     20th November 2015 It can be argued that light steel frame building (LSFB) is no longer an alternative building method in South Africa as it has become the first choice of many leading contractors and developers, says Southern Africa Light Steel Frame Building Association (Sasfa) director John Barnard. “Among the... 

Light steel frame building no longer ‘alternative’
KFC RESTAURANT IN UMTATA Several high-profile users, including the leading fast food chains in South Africa, are changing their building philosophy to include the rolling out of sustainable light steel frame building restaurants

Local content designation breakthrough for power line association

     20th November 2015 As localisation has become a critical issue in the South African steel industry, government’s recent designation of steel power pylons, monopole pylons, steel substation structures, powerline hardware, street lighting steel poles and steel lattice towers and masts is a major breakthrough. This is... 

Local content designation breakthrough for power line association
KOBUS DE BEER Local content designation indicates government’s commitment to protect the jobs and capabilities in the steel industry

Steel tube organisations merge under steel construction institute

     20th November 2015 The Association of Steel Tube and Pipe Manufacturers (ASTPM) and the Steel Tube Export Association of South Africa (Steasa) have been absorbed into the Southern African Institute of Steel Construction (SAISC) group. “Both these organisations will retain their independence but will now be part of... 

Steel tube organisations merge under steel  construction institute
PAOLO TRINCHERO Many people are not aware that the Association of Steel Tube and Pipe Manufacturers and the Southern African Institute of Steel Construction have been working together over many years

Structural engineer cuts costs but retains skills amid harsh environment

By: Kimberley Smuts     20th November 2015 Structural engineering company Tass Engineering has streamlined its business by reducing expenses and concentrating on maintaining its skills set to remain competitive, despite a stagnant demand for skills and a lack of development in the steel construction industry in South Africa. The company,... 

Structural engineer cuts costs but retains skills  amid harsh environment
NATAL SPRUIT BRIDGE Tass Engineering is building an architectural bridge that is 32 m long, 3.5 m wide and 7.7 m high at its premises for a Natalspruit project, in Heidelberg

Wire producer objects to proposed increase in wire-rod protection

By: Terence Creamer     13th November 2015 Steel wire and wire products producer Hendok, of Durban, has called on ArcelorMittal South Africa (AMSA) to withdraw its application for protection on wire rod, warning that any increase in the cost of the key input material will result in a reduction of domestic output and further increase the... 

Wire producer objects to proposed increase in wire-rod protection

How will the steel sector survive? 

By: Creamer Media Reporter      13th November 2015 Creamer Media’s Samantha Herbst speaks to Engineering News's Editor Terence Creamer about the latest survival actions being taken by the steel sector. 

How will the steel sector survive?
How will the steel sector survive?

Two leading steel re-rollers to oppose application for 10% duty on hot-rolled coil

By: Terence Creamer     12th November 2015 Two leading steel processing companies will make a submission to International Trade Administration Commission of South Africa (Itac) to voice their objection to ArcelorMittal South Africa’s (AMSA’s) application for tariff protection of 10% on hot-rolled coil (HRC). HRC is the flat-steel product... 

Two leading steel re-rollers to oppose application for 10% duty on hot-rolled coil

US official optimistic meats dispute will be resolved ahead of Jan 4 deadline 

By: Terence Creamer     10th November 2015 A senior US Embassy official said on Tuesday that “significant” progress had been made in narrowing the differences between South Africa and the US on the so-called “three meats” issue and that he was optimistic the outstanding differences would be resolved before year-end and well ahead of the... 

US official optimistic meats dispute will be resolved ahead of Jan 4 deadline
President Barack Obama has placed South Africa on Agoa notice

Highveld’s future under spotlight as Evraz questions bidder's capacity to deliver

By: Terence Creamer     10th November 2015 The battle over the future of Evraz Highveld Steel & Vanadium (Highveld) has intensified with Evraz seeking to urgently interdict the business rescue process, alleging that shareholder and creditor rights have been violated. The business rescue practitioners (BRP), on the other hand, contend that... 

Highveld’s future under spotlight as Evraz questions bidder's capacity to deliver

Neasa’s Steel Lobby to take on ‘unequal’ antidumping duties

By: Natalie Greve     9th November 2015 Industry body, the National Employers Association of South Africa (Neasa) has launched a South African Steel Lobby that will advocate for the shelving of the antidumping application by primary steel producers and will look to negotiate an improved model for downstream manufacturers, it said on... 

Neasa’s Steel Lobby to take on ‘unequal’ antidumping duties

AMSA adds R4.5bn rights issue to survival plan, as it warns of earnings ‘bloodbath’ 

By: Terence Creamer     6th November 2015 JSE-listed steel producer ArcelorMittal South Africa (AMSA) announced a whopping R4.5-billion rights issue on Friday as part of a multipronged survival package, which hinges materially on greater protection for the embattled domestic steel industry. The offer will be fully underwritten by the... 

AMSA adds R4.5bn rights issue to survival plan, as it warns of earnings ‘bloodbath’
ArcelorMittal South Africa CEO Paul O’Flaherty outlines steps being taken to increase protection for the domestic steel industry. Camera Work & Editing: Nicholas Boyd. 6.11.2015

Global steel industry leaders offer thoughts on sustainability

By: David Oliveira     6th November 2015 Earlier this month the World Steel Association (worldsteel) launched its Steel in a Sustainable World online series and CEO Insights to highlight the role of the global steel industry in creating a sustainable future for the planet. CEOs from seven leading steel companies – Nippon Steel &... 

Macneil Steel

By: Megan van Wyngaardt     6th November 2015 Established in 1983, Macneil Steel & Valves (MSV) is involved in the importing, stocking, sales and distribution of many types of industrial valves. It is also the official distributor of South African valve manufacturer, Dynamic Fluid Control (DFC), which includes carrying extensive stocks of... 

Macneil Steel

Steel fabricator taking survival steps as pressures mount 

By: Zandile Mavuso     6th November 2015 Since China reduced its steel consumption owing to overcapacity in February last year, over the past 18 months, multidisciplinary construction and engineering group Aveng’s Steel division has initiated several work streams to acclimatise and reposition the group ahead of the restructuring... 

Steel fabricator taking survival steps  as pressures mount
Aveng Steel MD Hercu Aucamp discusses plans made by its steel division to survive current market pressures

Highveld stands firm on contested rescue plan, challenges parent’s urgent court application

By: Natasha Odendaal     5th November 2015 Embattled steelmaker Evraz Highveld Steel & Vanadium (Highveld) on Thursday filed a notice of intention to oppose the urgent court proceedings aimed at having its business rescue plan halted and set aside. Two companies linked to Highveld's parent company LSE-listed Evraz – East Metals and... 

Highveld stands firm on contested rescue plan, challenges parent’s urgent court application

Solidarity opposes urgent court application by Evraz

By: Natasha Odendaal     4th November 2015 Trade union Solidarity is preparing to challenge an urgent High Court application to have embattled steelmaker Evraz Highveld Steel & Vanadium’s (Highveld’s) business rescue plan halted and set aside. Two companies linked to Highveld's parent company LSE-listed Evraz – East Metals and Mastercroft... 

Solidarity opposes urgent court application by Evraz

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