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Jul 21, 2015
After earlier this week confirming that it had temporarily ceased steel production at its steelworks, citing working capital constraints and reduced domestic demand, Evraz Highveld Steel and Vanadium on Tuesday said it had issued a proposed restructuring notice in...
Jul 09, 2015
IMPRESSIVE RESULTS Strenx steel is delivered with a set of guarantees that ensure trouble-free production consistently
Specialised global steel company SSAB’s new brand of steel, Strenx, is a high strength structural steel in the 600 to 1300 MPa range. Strenx performance steel combines the best properties of the three brands it replaces – Optim, Weldox and Domex – from SSAB and...
Jul 08, 2015
This eight-page brief is a synopsis of key developments in the steel industry over the past 12 months. It provides an overview of the global and South African steel markets, South Africa’s major steel producers and events that have shaped these markets.
Jul 02, 2015
ArcelorMittal, the world's largest producer of steel, will cut 2 800 jobs at its Mexico unit as global prices slump, it said in a joint statement with local competitors on Wednesday, while accusing Russia, China and Turkey of dumping steel on markets at levels below...
Jun 15, 2015
Vertically integrated steel and vanadium slag producer Evraz Highveld Steel and Vanadium announced on Monday that Valery Borisov had resigned as executive director and CFO, effective immediately. The company had, however, announced last month that its business rescue...
Jun 11, 2015
The Competition Commission has given its approval for the intermediate merger between Chinese-owned Hebei Iron and Steel Group and Swiss steel trader Duferco International Trading Holding SA, with conditions.
May 29, 2015
South African pump manufacturer Hazleton Pumps International took top honours in the Most Innovative Company and Customer Service of the Year categories of the Steel and Engineering Industries Federation of Southern Africa’s (Seifsa’s) Awards for Excellence, on...
May 28, 2015
ADDING VALUE NDE has long-serving, experienced professionals who are structured into teams dedicated to delivering on product, sales, projects and exports
Stainless steel stockist and distributor NDE attributes its business success to catering to a diverse range of customers.
May 28, 2015
May 28, 2015
May 28, 2015
May 28, 2015
 
 
 
May 20, 2015
The local metals and engineering sector cannot grow as a result of South Africa’s unreliable energy supply and the fact that, on average, energy costs in the sector account for about 8% of intermediary input costs, Steel and Engineering Industries Federation of...
May 19, 2015
Article contains comments
Economic data released during the first quarter of the year show alarming trends in the metals and engineering sector, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) said on Tuesday. The data also confirmed the organisation’s forecasts...
Apr 30, 2015
Two weeks after itself filing for business rescue, vertically integrated steel and vanadium slag producer Evraz Highveld Steel & Vanadium announced on Thursday that subsidiary Mapochs Mine would also enter business rescue proceedings following “historical operational...
Apr 28, 2015
Global stainless steel melt shop production increased by 8.3% year-on-year, to 41.7-millions tonnes in 2014, the International Stainless Steel Forum (ISSF) revealed on Tuesday. Output had increased in all regions except for Central and Eastern Europe, where output...
Apr 21, 2015
Creamer Media’s Steel 2015 report provides an overview of the key developments in the global steel industry and particularly of South Africa’s steel sector over the past year, including details of production and consumption, as well as the country's primary carbon...
Apr 20, 2015
A slowdown in China’s demand for steel is set to restrain global steel industry growth over the next two years, the World Steel Association’s (worldsteel’s) latest Short Range Outlook (SRO) for 2015 and 2016 revealed on Monday. Following a marginal 0.6% uptick in...
Apr 20, 2015
Vertically integrated steel and vanadium slag producer Evraz Highveld Steel and Vanadium, which has filed for voluntary business rescue proceedings, produced 149 000 t of crude steel in the quarter ended March 31, a 6.9% decrease on the 160 000 t produced in the...
Apr 16, 2015
One of the two business practitioners nominated to manage Evraz Highveld Steel and Vanadium’s business rescue proceedings has confirmed that the company will continue to trade until the process has been concluded, telling Engineering News Online that the process...
Apr 15, 2015
Trade union Solidarity said on Wednesday that it would protect the interests of its members at Evraz Highveld Steel and Vanadium, in eMalahleni, after the company announced on Tuesday that it had entered into business rescue proceedings. Solidarity, which represented...
Apr 14, 2015
Vertically integrated steel and vanadium slag producer Evraz Highveld Steel and Vanadium has initiated voluntary business rescue proceedings, citing an inability to meet its short-term obligations as a result of historical operating difficulties and sustained...
 
 
 
 
Mar 20, 2015
Steel production by South African manufacturers dropped 11.8% year-on-year to 500 000 t in February, bucking a global trend that saw world crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) increasing by a marginal 0.6%...
Mar 06, 2015
It is imperative for the local industry to strike a healthy balance between international competition and dumping, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has said. A flood of cheap imports; unfair competition from highly...
Feb 09, 2015
Article contains comments
The Steel and Engineering Industries Federation of Southern Africa (Seifsa) on Monday said South Africa’s strict environmental legislation was a significant challenge for small-, medium-sized and microenterprises (SMMEs) that could hamper further growth of this...
Feb 09, 2015
The National Employers' Association of South Africa (Neasa) on Monday lodged a review application in the Labour Court in Johannesburg to set aside the decision by Labour Minister Mildred Oliphant to extend the 2014 to 2017 wage agreement between the Steel and...
Feb 04, 2015
JSE-listed ArcelorMittal South Africa (AMSA) expects to report a lower loss a share of between 33c and 43c for the 2014 financial year. This would be an improvement of between 92% and 94% on the loss a share of 535c posted in the 2013 financial year, when AMSA had...
Dec 12, 2014
Give its large mining potential, African economies are expected to play an increasingly important role in producing raw materials for the production of steel. The Economic Cooperation and Development (OECD) said it was expecting growth from  South Africa, in...
Dec 12, 2014
Growth in the steel industry worldwide has stabilised following substantial fluctuations during the recession, but a fair amount of uncertainty remains, particularly as a result of structural change in the Chinese economy, according to World Steel Association...
Dec 12, 2014
The government’s substantial infrastructure programme outlined in the National Development Plan is expected to drive demand for steel over the next decade, says Trade and Industry Deputy Minister Mzwandile Masina. He told over 250 delegates to the Organisation for...
Dec 08, 2014
The month-long strike in the metal sector knocked back the third-quarter growth rate of the South African economy by more than half of what it could have been, the SA Reserve Bank (SARB) said on Monday. In its latest Quarterly Bulletin, the bank said the annualised...
Nov 28, 2014
There is widespread consensus that the Price Preference System (PPS) –introduced in September 2013 to restrict the export of scrap metal before it had first been offered for sale to the domestic consumers at a 20% discount to an international benchmark price – has...
 
 
 
 
Nov 24, 2014
Increased maintenance costs, poor rolling mill yields and strike action have widened Evraz Highveld Steel’s operating loss, from R149-million in the nine months ended September 30, 2013, to R483-million for the comparative 2014 period. The company added on Monday...
Nov 21, 2014
South Africa will become the first African country to host the Organisation for Economic Cooperation and Development’s (OECD’s) Steel Committee Conference when the committee’s seventy-seventh session takes place in Cape Town between December 11 and 12. The...
Nov 21, 2014
Article contains comments
Steel among the five resource value-chains being prioritised
The Mineral Beneficiation Action Plan (MBAP), which is currently in draft form, should be finalised by the end of March 2015, the Department of Trade and Industry (DTI) has confirmed. The department is leading the drafting process, which also involves the National...
Oct 31, 2014
Oct 31, 2014
Article contains comments
Oct 23, 2014
FIRST ORDER Columbus Stainless supplied type 301 and 304L coils and sheets for the Passenger Rail Agency of South Africa’s passenger coach replacement project
Stainless steel flat products producer Columbus Stainless received the first order in February this year to supply coils and sheets for the first 20 passenger train sets that form part of the Passenger Rail Agency of South Africa’s (PRASA’s) passenger coach...
Oct 23, 2014
MILL EFFICIENCY Large stainless steel producers are looking for mill concepts offering high capacity and reduced operation costs
While increasing energy costs and the necessity to reduce carbon dioxide (CO2) emissions call for more energy efficient cars, trucks, machines and plants, the steel and stainless steel industries have focused on developing new steel grades with higher strength for...
Oct 23, 2014
NEW COMMISSION The ACF Cornerformer Multiflex machine can be used for the corner forming mild steel of up to 4 mm and stainless steel of up to 3 mm
Sheet-metal component manufacturer Fabrinox expects to complete four projects with a collective value of about R50-million for the mining, water treatment, laboratory, and the food and beverage industry within the next six months, Fabrinox MD André Visser tells...
Oct 23, 2014
DUPLEX GRADE INCREASE Over the past thirteen years, the market share of duplex stainless steels worldwide has doubled
There is a growing willingness from industry to accept newer stainless steel materials, particularly duplex stainless steels, Southern Africa Stainless Steel Development Association Fabricator Sector chairperson Gary Crawford tells Engineering News. He says that, for...
Oct 23, 2014
COMPARABLE QUALITY The Italian Welding Institute indicated favourable quality, welding ability and penetration results for the stainless steel MIG wire
Stainless steel metal and inert gas (MIG) welding wire, locally produced by stainless steel bar and wire producer Wire Products Stainless Steel (WPSS) since 2010, was tested by the Italian Welding Institute, in Genova, in the past two months and was found to be...
 
 
 
 
Oct 23, 2014
OPERATIONAL LONGEVITY The most prominent benefit of the 8499/ 8470/ 8477/ 8478 series of stainless steel castors is corrosion resistance
Castor manufacturer Tente Castors South Africa introduced its stainless steel 8499/ 8470/ 8477/ 8478 series of stainless steel castors this year, says company technical manager Steve Thomas. The series comprises swivel, swivel with total lock, fixed and P67 plate...
Oct 23, 2014
SUPPLY DEMAND Local primary supply of stainless steel in the industry increased from 68 262 t in the first half of 2013 to 73 913 t for the first half of this year
The local stainless steel industry remained stable during the first six months of the year, but Southern Africa Stainless Steel Development Association (Sassda) forecasts a 3% to 4% drop in apparent stainless steel consumption by the end of the year, newly appointed...
Oct 23, 2014
SAFETY SOLUTION The Leuze S420 stainless steel switch is ideal for the food and beverage industries where strict cleanliness and hygiene control are critical
Local sensor solutions company Countapulse Controls is locally distributing a new stainless steel safety hinge switch from Germany-based sensor solutions company Leuze, which offers a solution for mechanically and hygienically challenging problems in sectors such as...
Oct 23, 2014
EASY PRINTING The PRO-Mark LCD pin-marking machine uses programmable marking and component identification
Stainless steel clamping and identification systems distributor Banding & Identification Solutions Africa (Bisa) acquired a PRO-Mark liquid crystal display (LCD) pin-marking machine at the end of last year and demonstrated the machine’s capabilities at the Electra...
Oct 06, 2014
The World Steel Association (worldsteel) on Monday lowered its global steel demand growth forecast to 2% for 2014 and 2015, as the positive momentum seen during the second half of 2013 abated in 2014, with a weaker-than-expected performance in emerging and developing...
 
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