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Metals News

Construction and mining markets targeted

By: Dylan Stewart     16th October 2015 “Presenting its products to members from the construction and the mining industries was the focus for steel product manufacturer Scaw Metals at this year’s BAUMA CONEXPO AFRICA, held at Johannesburg Expo Centre from September 15 to 18,” says company sales and marketing executive head George... 

Can Evraz Highveld be salvaged? 

     15th October 2015 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the prospects of salvaging Evraz Highveld and the challenges facing the domestic steel sector. 

Can Evraz Highveld be salvaged?
Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the prospects of salvaging Evraz Highveld and the challenges facing the domestic steel sector.

Evraz Highveld creditors vote in favour of rescue plan 

By: Terence Creamer     13th October 2015 Evraz Highveld Steel and Vanadium (Highveld) creditors on Tuesday voted in favour of a business rescue plan, which includes a buy-out offer from International Resources Limited (IRL), of Hong Kong, China. The vote, attended by some 300 people, took place at a hall on the steel producer’s... 

Evraz Highveld creditors vote in favour of rescue plan
Creditors being briefed ahead of the vote on October 13

Steel industry dips into negative growth territory, set for low growth in 2016

By: Natasha Odendaal     13th October 2015 The global steel industry is settling in for a period of low growth after China’s slowdown brought an end to a major growth cycle, the World Steel Association (worldsteel) said this week. Following growth of 0.7% in 2014, worldsteel’s latest Short Range Outlook (SRO) for 2015 and 2016 forecast a... 

Steel industry dips into negative growth territory, set for low growth in 2016

Fresh attempt to halt Evraz Highveld vote thwarted

By: Terence Creamer     12th October 2015 A second legal attempt by Global Renewable Energy (GRE) to prevent the business rescue practitioners (BRPs) at Evraz Highveld Steel and Vanadium (Highveld) from presenting their rescue plan to creditors for a vote has been set aside. The vote was initially scheduled for September 28. But the... 

Fresh attempt to halt Evraz Highveld vote thwarted

Steel industry downscaling ‘unavoidable’, Seifsa warns

By: Terence Creamer     9th October 2015 Downscaling by South African primary steel producers was “unavoidable” despite recent protection measures, outgoing Steel and Engineering Industries Federation of Southern Africa (Seifsa) president Ufikile Khumalo cautioned on Friday. Khumalo is also chairperson of Scaw Metals, which confirmed in... 

Steel industry downscaling ‘unavoidable’, Seifsa warns
Photo by Duane Daws
Outgoing Seifsa president Ufikile Khumalo

Evraz Highveld creditors get set for Oct 13 business-rescue vote

By: Terence Creamer     9th October 2015 Evraz Highveld Steel and Vanadium creditors would, on Tuesday October 13, vote on a business rescue plan, which included a recommendation that International Resources Limited (IRL), of Hong Kong, be allowed to purchase the company. The vote was initially set for September 28, but was postponed... 

Evraz Highveld creditors get set for Oct 13 business-rescue vote

Numsa calls for nationalisation of steel companies, mining 

By: Megan van Wyngaardt     6th October 2015 The National Union of Metalworkers of South Africa (Numsa) on Tuesday called on the National Treasury to investigate the noncompliance of the Preferential Procurement Policy Framework Act and its local content regulation as part of its list of demands ahead of its anticorruption march, in... 

Numsa calls for nationalisation of steel companies, mining

Aluminium auto panel production expected to accelerate

By: Mia Breytenbach     2nd October 2015 The automotive industry’s shift from manufacturing vehicle body panels in steel to manufacturing them in aluminium is a trend that is expected to significantly accelerate, says aluminium industry representative body the Aluminium Federation of South Africa (Afsa). Afsa executive director Mark... 

Aluminium auto panel  production expected  to accelerate
Photo by Bloomberg
ACCELERATING TREND The amount of aluminium used in vehicles is expected to increase by about 100% or more in North America and globally

Educating the public on hazardous dust

By: Nadine James     2nd October 2015 Personal protective clothing (PPC) manufacturer Charnaud has embarked on an initiative to educate people on the dangers of combustible dust. “Considering the history of combustible dust, one finds that nearly 300 explosions have injured or killed more than 800 workers since 1980,” says Charnaud... 

Educating the public on hazardous dust
Caption: SURVIVE-ARC SWITCHING SUIT Charnaud's FR Range is IEC, SAB-S and NFPA approved

PPE solutions provider introduces new vending solution

By: Nadine James     2nd October 2015 Personal protective equipment (PPE) management solutions provider Select PPE has introduced an improved version of its PPE vending machine that provides all the benefits of an on-site store. Select PPE sales director Dries van Tonder tells Engineering News that the latest model, which was... 

PPE solutions provider introduces new vending solution
PPE VENDING SOLUTION. Select PPE's improved vending solution has all the benefits of n on-site store

AMSA to move ahead with BEE equity transaction

By: Terence Creamer     30th September 2015 Steel producer ArcelorMittal South Africa (AMSA) confirmed on Wednesday that it would be initiating a broad-based black economic-empowerment (BBBEE) ownership transaction and that KPMG had been retained to advise its board on the proposed transaction. KPMG would engage with “a number of black... 

AMSA to move ahead with BEE equity transaction
AMSA CEO Paul O’Flaherty

Seifsa calls for protection throughout steel value chain

By: Megan van Wyngaardt     30th September 2015 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has called on government to extend the protection of the metals and engineering sector throughout the value chain. Seifsa, which supported the introduction of a 10% tariff on imported steel by the International Trade... 

Seifsa calls for protection throughout steel value chain

Highveld creditors seek more details on alternative offer as rescue vote is postponed 

By: Terence Creamer     28th September 2015 Creditors agreed unanimously on Monday to postpone, for two weeks, a vote on the business rescue plan developed for Evraz Highveld Steel and Vanadium, while raising questions about the preferred bidder’s commitment to South African suppliers and whether an alternative bid, which had been... 

Highveld creditors seek more details on alternative offer as rescue vote is postponed

Automotive sector to drive aluminium growth, says metallurgist

By: Dylan Stewart     25th September 2015 Metallurgical plant and rolling mill technology provider SMS group has identified the automotive industry as a crucial target market for the company, where its aluminium rolling technology can be applied, says SMS group Technical Services South Africa executive VP Michael Schäfer. 

Automotive sector to  drive aluminium growth, says metallurgist
Photo by Bloomberg
SMOOTH PRODUCTION Consistent flatness is required to feed the material into downstream processing lines

First SA company to manufacture sausage U-clips

By: Dylan Stewart     25th September 2015 Durban-based precision aluminium components manufacturer AC Exports will receive a new machine for manufacturing small aluminium sausage clips this month, AC Exports chairperson Jens Reuning tells Engineering News. 

First SA company  to manufacture  sausage U-clips
FULL OFFERING AC Exports' product range, including a spool of U-clips on the far righ

Marquee company manufactures structures the size of a soccer field

By: Dylan Stewart     25th September 2015 Cape Town-based aluminium-frame-structure manufacturer Speed Structures is manufacturing a 120-m-long, 40-m-wide marquee with an apex height of 10 m for hire or sale, says company chairperson Richard Downing. 

Marquee company manufactures structures  the size of a soccer field
CRUCIAL MATERIAL Speed Structures relies totally on aluminium, especially for the extrusion components, which support the polyvinyl chloride, or PVC, covering.

Richards Bay casthouse has new owner

By: Dylan Stewart     25th September 2015 Australia-owned bauxite miner and aluminium producer South32 has confirmed the official transfer of ownership of the Bayside casthouse in Richards Bay, KwaZulu-Natal to Isizinda Aluminium in a deal that will support the economic transformation of Richards Bay and the development of South Africa’s... 

SA aluminium body positive about aluminium prospects 

By: Dylan Stewart     25th September 2015 Owing to the increased use of aluminium in the automotive and beverage packaging industries, demand for aluminium in South Africa has positive long-term prospects, says Aluminium Federation of South Africa (Afsa) executive director Mark Krieg. 

SA aluminium body positive  about aluminium prospects
Photo by Bloomberg
MANY APPLICATIONS Aluminium is used in the construction sector, the electrical sector, heat exchangers, solar geysers, the food and beverage packaging industry, and the transport industry

Steel production down 3% y/y in August

By: Megan van Wyngaardt     22nd September 2015 World crude steel production dropped 3% year-on-year to 132-million tons in August, the World Steel Association said on Tuesday. The biggest contributor to the drop in production – out of the 65 countries reporting to the association – was Turkey, which saw its crude steel production for August... 

Steel production down 3% y/y in August

Esop part of bigger AMSA push to bolster empowerment rating

By: Terence Creamer     21st September 2015 Steel producer ArcelorMittal South Africa (AMSA) received shareholder support last month for a five-year employee share ownership plan (Esop), which formed part of a larger strategy to improve its broad-based black economic-empowerment (BBBEE) rating to level three under South Africa’s evolving... 

Esop part of bigger AMSA push to bolster empowerment rating

Struggling Evraz Highveld names winning bidder 

By: Creamer Media Reporter      17th September 2015 Creamer Media's Tracy Hancock speaks to Engineering News editor Terence Creamer about Hong Kong-based company International Resources Limited being named as the successful bidder for embattled South African steel producer Evraz Highveld Steel and Vanadium. 

Struggling Evraz Highveld names winning bidder
Struggling Evraz Highveld names winning bidder

Hong Kong resources group named as winning Highveld bidder 

By: Terence Creamer     16th September 2015 Little-known Hong Kong-based company International Resources Limited (IRL), which has metals and mining interests globally, was named on Wednesday as the successful bidder for embattled South African steel producer Evraz Highveld Steel and Vanadium, following a sale process initiated as part of a... 

Hong Kong resources group named as winning Highveld bidder

Government intervention to save steel industry ‘too late’ – Vavi 

By: African News Agency      15th September 2015 Government’s introduction of a 10% steel import tariff was ”too little, too late,” former Congress of South African Trade Unions (Cosatu) secretary general Zwelinzima Vavi said on Tuesday. ”The 10% increase on import tariffs came 21 years late. We are now reaping what former ministers such as... 

Government intervention to save steel industry ‘too late’ – Vavi

Steel industry talks about striking ‘protection and competitiveness balance’ 

By: Terence Creamer     14th September 2015 The current discussions between government and the steel industry are focused primarily on striking the “appropriate balance between protection and competitiveness”, Economic Development Minister Ebrahim Patel told Engineering News Online in an exclusive interview on Monday. He added that the... 

Steel industry talks about striking ‘protection and competitiveness balance’
Economic Development Minister Ebrahim Patel speaks onthe current crisis facing the domestic steel industry. Camera Work & Editing: Darlene Creamer. Recorded: 14.9.2015

Winning Highveld bidder to be named on Wednesday - Patel 

By: Terence Creamer     14th September 2015 The winning bidder for embattled steel producer Evraz Highveld Steel and Vanadium would be announced on Wednesday, September 16, Economic Development Minister Ebrahim Patel reported on Monday. Speaking in Johannesburg at the presentation of the Industrial Development Corporation’s (IDC’s) annual... 

Winning Highveld bidder to be named on Wednesday - Patel

SKA antennae positioner snags first prize at Steel Awards

By: Samantha Herbst     4th September 2015 The Square Kilometre Array (SKA) Africa project's radio antennae positioner took top honours at this year’s Southern African Institute of Steel Construction Steel Awards, which took place on Thursday night at Emperor’s Palace, in Ekurhuleni. This year marked the second in a row that the overall... 

SKA antennae positioner snags first prize at Steel Awards

Strategic partnership geared to achieve midtier status

By: Dylan Stewart     4th September 2015 Platinum group metals (PGM) mining company, Wesizwe Platinum, whose anchor project is the Bakubung platinum mine, in the North West, aims to become a significant midtier multicommodity mining company, says Wesizwe CEO Jianke Gao. 

Strategic partnership  geared to achieve  midtier status
DIGGING DEEP In July the main shaft of the Bakubung mine had been sunk to 803 m below collar

Evraz inches closer to revealing preferred bidder

By: Megan van Wyngaardt     2nd September 2015 Vertically integrated steel producer Evraz Highveld Steel and Vanadium is one step closer to announcing a preferred bidder to buy the business, which is currently under business rescue. The company’s creditors’ committee met on Tuesday to consider three final binding offers and expected to... 

Evraz inches closer to revealing preferred bidder

Preferred Highveld bidder could be named this week

By: Terence Creamer     31st August 2015 Three formal bids have been received by the practitioners presiding over the business rescue of steel producer Evraz Highveld Steel and Vanadium and a preferred bidder could be named by as early as Wednesday. Business rescue practitioner Piers Marsden told Engineering News Online on Monday that... 

Preferred Highveld bidder could be named this week

Price, jobs, investment conditions placed on beneficiaries of first round of steel duties

By: Terence Creamer     28th August 2015 The first applications for protection on several steel products were approved on Friday, with Trade and Industry Minister Dr Rob Davies confirming that duties across eight tariff subheadings would be increased to the World Trade Organisation bound rate of 10%. However, government insisted that... 

Price, jobs, investment conditions placed on beneficiaries of first round of steel duties

Supporting the steel sector  

By: Creamer Media Reporter      28th August 2015 Creamer Media's Chanel de Bruyn speaks to Creamer Media Contributing Editor Online Natalie Greve about government, labour and business efforts to turn the domestic steel sector's fortunes around. 

Supporting the steel sector
Supporting the steel sector

Industrial vacuum delivered to aluminium smelter

By: Sashnee Moodley     28th August 2015 Local furnace and industrial services company Dickinson Group last month delivered its new MegaVac Cyclone Loader to resources company South 32, where the machine will be used for a large basement cleaning project for the company’s Mozal aluminium smelter, in Mozambique. 

Industrial vacuum delivered to  aluminium smelter
MEGAVAC CYCLONE LOADER The unit will be used in South 32’s smelter for the recovery of 90 t/d of bath material

Evraz Highveld bidders given week’s extension to make binding offers

By: Terence Creamer     25th August 2015 Embattled steel producer Evraz Highveld Steel and Vanadium has granted potential bidders a week’s extension for the submission of binding offers. An initial deadline of August 21 had been set, which has now been extended to August 28 at the request of the bidders. The company as well as the... 

Evraz Highveld bidders given week’s extension to make binding offers

Work together to save SA iron and steel industry – Zuma 

By: African News Agency      25th August 2015 President Jacob Zuma on Tuesday called on government, business, and trade unions to work together to prevent job losses in the struggling iron and domestic steel industry sector. “This is a time for unity in the sector so that this critical industry can be supported and emerge from the current... 

Work together to save SA iron and steel industry – Zuma

Govt, business, labour in rare show of unity amid threat of steel jobs ‘bloodbath’  

By: Natalie Greve     24th August 2015 In a rare show of collective force, labour and business in the steel sector appear to have successfully lobbied government to back efforts to raise protection for the embattled sector by hiking import duties on steel imports to the 10% “bound rate” allowed for under South Africa’s World Trade... 

Govt, business, labour in rare show of unity amid threat of steel jobs ‘bloodbath’

South32 sees opportunity to work with Eskom on further coal supply

By: Martin Creamer     24th August 2015 New diversified mining company South32, which on Monday reported 56%-higher underlying earnings of $1-billion, sees an opportunity to work with Eskom on additional coal supply.   The demerged BHP Billiton entity, which is fast-tracking the implementation of its regional operating model in South... 

South32 sees opportunity to work with Eskom on further coal supply
Photo by Duane Daws
Graham Kerr

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