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Jun 29, 2012
Construction group Murray & Roberts (M&R) reported on Friday that it has reached an agreement in principle with a prospective buyer of its Cape Town Iron & Steel Works (Cisco) steel mill, in the Western Cape. The identity of the buyer was not disclosed, nor was the...
Jun 28, 2012
The outlook for reducing copper theft in South Africa “remained positive”, the South African Chamber of Commerce and Industry (Sacci) said on Thursday, as it reported a drop in the May copper theft barometer. The barometer fell to R23-million in May, from...
Jun 26, 2012
The South Gauteng High Court on Tuesday ordered ArcelorMittal International to meet its R241.3-million shareholders’ agreement with Kalagadi Manganese within ten days, Kalagadi chairperson Daphne Mashile-Nkosi reported on Tuesday. High Court Judge P Coppin also...
Jun 20, 2012
Article contains comments
South Africa’s steel production declined by 21.5% year-on-year in May, statistics released by the World Steel Association (worldsteel) showed on Wednesday. South African output fell to 580 000 t, from 739 000 t in May 2011.
Jun 19, 2012
A Southern African Development Community (SADC) Regional Infrastructure Master Plan (RIMP), which could involve cross-border projects with a combined investment value of up to $500-billion, has been finalised and will be presented to the subregion’s heads of State...
Jun 18, 2012
JSE-listed aluminium products producer Hulamin on Monday reported that its Camps Drift hot finishing mill, in Pietermaritzburg, has been repaired and recommissioned, 46 days after initial component failure. The company said it had lost 25 000 t of production during...
Jun 18, 2012
The Steel and Engineering Industries Federation of South Africa (Seifsa) said on Monday that the industry’s yearly wage increases as per the three-year wage deal negotiated with the trade unions last year had been finalised. The increases would be in accordance with...
Jun 14, 2012
Despite weaker first-quarter stainless steel production, the International Stainless Steel Forum (ISSF) said on Thursday it was still forecasting a slight improvement in 2012 output. Global stainless steel production declined by 2.8% year-on-year to 8.6-million tons...
Jun 08, 2012
Jun 06, 2012
Jun 01, 2012
Jun 01, 2012
Jun 01, 2012
Technology company 3M reports a growing interest in its abrasive system technology, which assists in reducing the risks associated with heat build-up in the stainless steel industry.
Jun 01, 2012
South Africa is importing thousands of tons of consumerware products, such as cookware and cutlery, from Asian countries, despite having the capability to manufacture these products itself, says Southern Africa Stainless Steel Development Association (Sassda)...
Jun 01, 2012
A thermal-mechanical test system, the Gleeble 3800, has been installed in the Centre for Materials Engineering at the University of Cape Town owing to a National Research Foundation special equipment award. The Gleeble 3800, worth $1.05-million, is a...
Jun 01, 2012
To mark the global celebration of the 100 years since stainless steel was first produced, the Southern Africa Stainless Steel Development Association (Sassda) has themed its Stainless Steel Awards for 2012 ‘A century of innovation’.
Jun 01, 2012
Counterfeit products in the consumer industry are of increasing cause for concern and impact negatively on businesses that are targeted by counterfeiters, says stainless steel and aluminium cookware manufacturer Hendler & Hart CEO Nash Soni.
May 25, 2012
Local rotating electrical equipment repairer Marthinusen & Coutts (M&C), in March, completed the repair and design change of a 28 MW Jeumont Schneider synchronous motor for steel products manufacturer ArcelorMittal South Africa’s Saldanha Steel plant, in the Western...
May 18, 2012
Steel producer Evraz Highveld Steel and Vanadium (Highveld) recorded a headline loss of R94-million for the three months ended March, mainly owing to lower sales volumes. The quarterly loss compares with a profit of R21-million in the first quarter of 2011, South...
May 17, 2012
Public Enterprises Minister Malusi Gigaba has indicated that the procurement of 1 064 new locomotives by State-owned freight logistics group Transnet could cost about R35-billion. He told lawmakers this week that, during the next quarter, Transnet would begin...
May 14, 2012
JSE-listed aluminium products producer Hulamin on Monday reported that it stood to lose 23 000 t of production as its Camps Drift hot finishing mill, in Pietermaritzburg, was being repaired. The mill was shut down owing to a component failure and was expected to be...
May 10, 2012
JSE-listed steel producer ArcelorMittal South Africa (Mittal) has confirmed the acquisition of nearly 20% of an iron-ore exploration project in the Northern Cape province. CE Nonkululeko Nyembezi-Heita reported on Thursday that early stage exploration activities,...
May 09, 2012
Article contains comments
JSE-listed Evraz Highveld Steel on Wednesday said it was moving forward with its comprehensive cost reduction plan, which included labour restructuring. The steel producer was expected to start formal consultations with employee representatives on May 9, following...
May 09, 2012
The South African Iron and Steel Institute (Saisi) reported on Wednesday that its assistance to value-added steel exporters had been increased by 28.2%, from R135/t to R173/t. The increase in the rebate to those adding value of more than 20% to primary steel...
May 07, 2012
Article contains comments
State-owned freight logistics group Transnet has confirmed the receipt of nine bids in response to a request for proposals (RFP) for the purchase of 95 electric locomotives for Transnet Freight Rail’s (TFR’s) general freight business. The electric locomotives are...
Apr 30, 2012
The World Steel Association (worldsteel) is forecasting global steel consumption growth to slow to 3.6% in 2012, from 5.6% in 2011, as China enters a less steel-intensive growth phase and eurozone debt crisis uncertainties continue to persist. Steel consumption is...
Apr 24, 2012
Diversified miner Anglo American on Tuesday announced the final stage of the $1.4-billion Scaw Metals Group divestment with the sale of integrated steelmaker Scaw South Africa to an investment consortium led by South Africa’s State-owned Industrial Development...
Apr 16, 2012
The Southern Africa Stainless Steel Development Association (Sassda) appointed Bill Scurr as its new executive director, effective April 2012. Scurr, a metallurgist by training, has a technical and commercial background in the industry and has been involved in...
Apr 04, 2012
The Department of Trade and Industry (DTI) on Wednesday defended its decision to exclude certain steel products from the government’s preferential procurement regulations, which came into effect in December. Government designated sectors such as rolling stock and...
Apr 02, 2012
JSE-listed steel producer ArcelorMittal South Africa (Mittal) confirmed on Monday that it had lowered the prices of some long-steel products from April 1, while leaving flat-product prices unchanged from the previous month. Spokesperson Themba Hlengani said wire...
Apr 02, 2012
The Competition Commission on Monday said it had referred a case of collusion against steel producers ArcelorMittal South Africa (Mittal) and Evraz Highveld Steel and Vanadium (Highveld) to the Competition Tribunal for adjudication. The charges related to price...
Mar 20, 2012
World crude steel production for the 59 countries reporting to the World Steel Association (worldsteel) totalled 119-million tons in February, up 1.9% when compared with February last year, the association reported on Tuesday. China’s crude steel production for...
Mar 19, 2012
South Africa’s second-largest steel producer Evraz Highveld says it is working with others in the sector to seek the South African government’s support for raising the levels of domestic steel in the planned R845-billion public infrastructure roll-out, as imports...
Mar 19, 2012
Article contains comments
South African steel and vanadium producer Evraz Highveld has signed a power buy-back deal with Eskom, which would enable the utility to request the JSE-listed group to reduced consumption by 25% for up to two hours a day should the electricity system come under...
Mar 14, 2012
Steel and vanadium producer Evraz Highveld reported a net profit of R45-million for the year to December 31, 2011, a strong turnaround from the R549-million loss reported in the previous financial year. But the group cautioned that, despite operational and quality...
Mar 06, 2012
Trade and Industry Minister Dr Rob Davies on Monday stressed the importance of the steel industry to the South African economy as he opened the R1-billion Safal Steel metal coating facility, in Cato Ridge, KwaZulu-Natal. Davies said that the steel industry, through...
Mar 02, 2012
An investment in new laser-cutting equipment will enable sheet-metal components and subassemblies manufacturer Fabrinox to achieve a higher processing speed on thin metals.
Mar 02, 2012
President Jacob Zuma’s State of the Nation address, which focused largely on government infrastructure development plans, holds promise for the future of the light steel frame building (LSFB) sector, says the Southern African Light Steel Frame Building Association...
Mar 02, 2012
The growing importance for companies to strategically position themselves within a reachable radius of end-users has resulted in JSE-listed steel distributor BSi Steel accelerating its plans to expand its Express outlets nationwide.
Mar 02, 2012
Among its priorities for this year and beyond, there are none more crucial to the Southern African Institute of Steel Construction (Saisc) than the promotion of steel as a green product, the protection of the local consumer – especially from the importation of...
Mar 02, 2012
For the South African steel construction industry to be competitive in Africa – where the world’s next major economic growth spurt will occur - and especially the sub-Saharan Africa region, some important changes will have to be made, says Southern African Institute...
Mar 02, 2012
During the seventeenth Conference of the Parties, or COP 17, in Durban last year, a major job creation initiative went almost unnoticed, says Southern African Institute of Steel Construction (Saisc) industry development director Kobus de Beer.
Mar 02, 2012
Surging steel prices continue to contribute to tough trading conditions, especially for small, medium-sized and microenterprises (SMMEs), Western Cape-based steel products manufacturer Any Steel director Hendrik Groenewald tells Engineering News.
Mar 02, 2012
The risk of the current global economic difficulties unravelling further may have a detrimental influence on export demand supplied by local industries, the Steel and Engineering Industries Federation of South Africa (Seifsa) tells Engineering News.
Feb 20, 2012
JSE-listed aluminium products producer Hulamin on Monday reported a 7% increase in headline earnings to R80-million, while its turnover for the 2011 financial year, ended December 31, was up by 20%, at R6.96-billion. Operating profit, before the metal price lag...
Feb 17, 2012
The rebranding and restructuring of heavy engineering company DCD, previously DCD-Dorbyl, is aimed at improving its international competitiveness while manufacturing products and components for the international and local markets, says DCD MD Rob King.
Feb 07, 2012
Africa's largest steel producer ArcelorMittal South Africa (Mittal) has completed its due diligence of an unnamed iron-ore exploration prospect in the Northern Cape and would move to buy the resources once it had received the necessary approvals from Mineral...
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