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May 21, 2013
The Turkish Steel Exporters’ Association (CIB) on Tuesday said it would bring a high-level delegation of prominent steel manufacturers and exporters to South Africa to explore areas of cooperation and new business prospects with local companies. The delegation, which...
May 20, 2013
JSE-listed Evraz Highveld Steel and Vanadium on Monday reported a return to profitability, as it delivered a first-quarter profit after suffering significant losses during the first and fourth quarters of 2012. The group reported an operating profit of R50-million...
May 17, 2013
The Competition Commission has conditionally approved the sale of Nedbank- and Capital Africa Steel- (CAS-) owned shares in struggling Alert Steel to Cannistraro Investments, the AltX-listed steel retailer said on Friday. The transaction, in which Cannistraro agreed...
May 14, 2013
Public Enterprises Minister Malusi Gigaba reported on Tuesday that initiatives would be announced in the coming months to add momentum to a “comprehensive industrialisation and transformation programme” linked to the multibillion-rand investment programmes of...
May 10, 2013
JSE-listed steel producer ArcelorMittal South Africa (Mittal), which declared force majeure in February after a fire at its Vanderbijlpark facility, said on Friday that it expected to turn around its first quarter loss and report “positive earnings” in the second...
May 03, 2013
Having finalised its takeover of Luxembourg-based pyro- and hydrometallurgical engineering company Paul Wurth, steel plant construction specialist SMS Siemag, a division of SMS Holding, is now the only service provider worldwide that provides a full spectrum of...
Apr 29, 2013
The National Employers’ Association of South Africa (Neasa) on Friday filed a second application in the Labour Court to review and set aside an April 12 decision by Labour Minister Mildred Oliphant to extend the terms of a collective bargaining agreement to...
Apr 23, 2013
Article contains comments
Imperial Crown Trading 289 (ICT) and the Department of Mineral Resources (DMR) have lodged an application with the Constitutional Court for leave to appeal a March 28 Supreme Court of Appeal (SCA) ruling, dismissing their appeal against a 2011 decision by the North...
Apr 23, 2013
Article contains comments
Apr 22, 2013
Apr 19, 2013
Apr 19, 2013
 
 
 
Apr 19, 2013
It is widely accepted that South Africa has substantial remaining resources of unexploited industrial minerals. In fact the newly released Industrial Policy Action Plan 2013/14 concurs with estimates of there being remaining mineral reserves and resources worth more...
Apr 16, 2013
The share price of JSE-listed ArcelorMittal South Africa (Mittal) rose on Tuesday morning after news that the fire-damaged Vanderbijlpark-based steel-making facility had resumed production. Three basic oxygen furnaces, besides other assets, were damaged in a fire –...
Apr 11, 2013
China’s steel industry has experienced explosive growth over the past decade – overtaking the rest of the steel-producing countries – that shows no sign of easing in the short term. China had built a “fearsome” low-cost steel manufacturing industry as the world...
Apr 05, 2013
International solid-carbide and steel rotary cutting tools manufacturer Dormer Tools last month launched a new range of multi application taps which are designed to support a high level of performance in a range of hard-to-machine materials.  
Apr 05, 2013
Energy efficiency in foundries can be improved through the implementation of material flow cost accounting (MFCA), Environmental & Sustainability Solutions executive director Seakle Godschalk said at the recent Metal Casting Conference. MFCA is a tool for...
Apr 02, 2013
The newly rebranded engineering services unit within State-owned freight logistics group Transnet is aiming to increase its third-party sales to railways customers to R6-billion a year by 2018/19 and is also moving to add ports and pipelines equipment to its...
Mar 29, 2013
The Metal Casting Conference provided a platform for industry members to share the latest technological developments and opportunities to drive a competitive advantage in the foundry industry. The conference was held in the North-West from March 13 to 16.
Mar 28, 2013
Article contains comments
The long-running iron-ore dispute between ArcelorMittal South Africa (Mittal) and Kumba Iron Ore took a step towards resolution on Thursday, when the Supreme Court of Appeal (SCA) dismissed an appeal by Imperial Crown Trading 289 (ICT) and the Department of Mineral...
Mar 28, 2013
International steel group Evraz has announced plans to sell 85% of South African steel and vanadium producer Evraz Highveld to a black economic-empowerment (BEE) consortium for $320-million – the transaction would be the largest BEE deal in the South African steel...
Mar 26, 2013
AltX-listed Alert Steel on Tuesday reported that Cannistraro Investments has bought Nedbank- and Capital Africa Steel- (CAS-) owned shares in the struggling steel retailer. Cannistraro agreed to buy a 47.5% stake in Alert Steel from CAS for a total consideration of...
 
 
 
 
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
South Africa’s Minerals Minister, Susan Shabangu, on Wednesday opened the largest operating furnace of its kind in the world at Samancor Manganese’s Metalloys smelter in Meyerton, allowing mining giant BHP Billiton to beneficiate close to 30% of the manganese ore it...
Mar 01, 2013
Steelmaker Cape Town Iron and Steel Works (Cisco) was planning to reopen its Western Cape-based steel mill, following government’s move to limit South Africa’s reliance on import. The once-profitable plant shut down in 2010, but following Turkish investment group DHT...
 
 
 
 
Mar 01, 2013
Austria-based laser machines manufacturer Trotec has introduced a new line of carbon dioxide (CO2) laser sources from US-based manufacturer Iradion Laser, which is now available in South Africa from Trotec’s local branch in Johannesburg. Iradion’s CeramiCore...
Mar 01, 2013
A decrease in steel exports from China will increase African countries’ demand for South African steel, says JSE-listed steel processor and supplier BSi Steel trading exports and roofing chief executive director Craig Parry.
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...
 
 
 
 
 
 
 
 
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