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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 24, 2014
Oct 24, 2014
 
 
 
Oct 24, 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 24, 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 24, 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 24, 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 24, 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 24, 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 24, 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...
Oct 03, 2014
Henk Langenhoven
The Steel and Engineering Industries Federation of Southern Africa (Seifsa) warned on Friday that the metals and engineering sector could contract by between 2% and 3% in 2014, owing primarily to the fallout from a month-long strike in July. The sector, which made...
Sep 18, 2014
Global stainless steel melt shop production increased 10.6% year-on-year to 20.9-million tons in the first half of 2014, the International Stainless Steel Forum (ISSF) revealed on Thursday. Production increased in all regions, except for Central and Eastern Europe,...
 
 
 
 
Aug 29, 2014
Article contains comments
Finance Minister Nhlanhla Nene
The key to the development of South Africa lay in mineral beneficiation and industrialisation in joint development with its regional neighbours, South Africa’s new Finance Minister Nhlanhla Nene told the Centre for Education In Economics and Finance (CEEF). Speaking...
Jul 22, 2014
South African crude steel production declined by 4.7% year-on-year in June to an estimated 590 000 t, falling behind the 3.1% average production uptick of the 65 countries reporting to the World Steel Association (worldsteel) in the same month. As a collective, the...
Jul 11, 2014
Global stainless steel melt shop production increased 6.8% year-on-year to 10.2-million tons during the first quarter of 2014, the International Stainless Steel Forum (ISSF) said this week. Production increased in all regions, with China and the Americas showing the...
Jul 11, 2014
Aluminium supplier Hulamin expects normalised earnings a share for the six months ended June 30, 2014, to be some 40% higher than in the corresponding period the year before, while headline earnings per share (Heps) and basic earnings per share (Eps) were likely to...
Jul 11, 2014
The South African arm of Germany-based metallurgical plant and rolling mill technology provider SMS Siemag has registered significant growth in its technical services over the last two to three years. SMS Siemag South Africa MD Pieter Bezuidenhout notes that the...
Jul 11, 2014
Together with companies such as SMS Meer, SMS Concast and Paul Wurth, SMS Siemag forms part of a strong global network of companies known as SMS group. The SMS group supplies various processing plant, technology, equipment, components, spare parts, and technical...
Jul 04, 2014
A light steel frame building is providing a structured, safe space to learn and play for preschool children, as early childhood development is critical to providing them with the confidence and social skills to succeed in life, says early childhood development...
Jun 30, 2014
Article contains comments
Government would reconvene the Interdepartmental Task Team (IDTT) on Iron-Ore and Steel to “exhilarate” mineral beneficiation, which would add value to the economy and contribute towards the country achieving 5% economic growth, Trade and Industry Minister Dr Rob...
Jun 27, 2014
Engineering and construction group Wilson Bayly Holmes-Ovcon (WBHO) has warned that it expects to impair its Mozambique-based steel business Capital Star Steel (CSS), following insufficient production and aggressive competition in the international project pipe...
Jun 26, 2014
 
 
 
 
Jun 11, 2014
Solidarity metal industry head Marius Croucamp
Trade union Solidarity on Wednesday announced that it had reached a wage agreement with steel producer ArcelorMittal South Africa (AMSA), comprising a 7% wage increase and other favourable changes to workers’ terms of employment. The agreement, which was retroactive...
May 30, 2014
Consultancy group MEPS has, with cautious optimism, forecast stainless steel production growth in 2014 will be better than 2013 for all traditional steelmaking countries and regions, including the EU, Japan, South Korea and Taiwan. According to the consultancy, this...
May 30, 2014
The recently introduced export barriers for stainless steel scrap in South Africa indicate that the trend could continue towards more protectionism in scrap markets, says Germany-based Centre for European Economic Research (ZEW). Already, since 2002, an increase in...
May 30, 2014
ABOVE AVERAGE South Africa’s ferrochrome industry used 85% of its capacity
South Africa’s ferrochrome industry used 85% of its capacity in the first quarter, more or less in line with the fourth quarter of 2013, says consultancy service provider Core Consultants MD Lara Smith.  The company estimates that the first quarter realised 760 000 t...
May 29, 2014
The growth in global steel demand, as stated by the World Steel Association (worldsteel) in its World Steel in Figures 2014 report, was “good news” for South Africa, Steel and Engineering Industries Federation of Southern Africa (Seifsa) chief economist Henk...
May 28, 2014
Article contains comments
South African steel producer ArcelorMittal South Africa (AMSA) is currently lobbying National Treasury around the country’s proposed carbon tax, appealing that large-scale industrial steel manufacturers be exempt from the proposed carbon tax and rather be beholden to...
May 28, 2014
Despite challenging industry conditions, world steel demand grew by 3.6% during 2013, the World Steel Association (worldsteel) said on Wednesday. In its World Steel in Figures 2014 report the association also noted that world crude steel production totalled...
May 20, 2014
Creamer Media’s Steel 2014 report provides an overview of 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 steel and stainless steel...
Apr 25, 2014
Apr 22, 2014
South Africa increased crude steel production by 21.1% year-on-year in March, producing 615 000 t of the metal and outperforming the global production pace, which increased by 2.7% year-on-year to 141-million tons for the third month of 2014. World Steel Association...
 
 
 
 
Apr 16, 2014
Michael Garcia
Steel and vanadium producer Evraz Highveld Steel and Vanadium on Wednesday appointed executive director and FD Jan Valenta CEO, with immediate effect, after Michael Garcia stepped down. Olga Luzik would replace Valenta, who was appointed FD and director in 2011.
Apr 15, 2014
Ghana has banned the export of ferrous scrap metal immediately in a bid to make more raw material available to sustain the West Africa country's steel industry, Trade Minister Haruna Iddrisu said on Tuesday. Iddrisu said the government was also drafting legislation...
Mar 20, 2014
Global crude steel production for the 65 countries reporting to worldsteel remained relatively flat in February, increasing by a marginal 0.6% year-on-year to 125-million tonnes. South Africa, however, increased its crude steel output year-on-year by an impressive...
Feb 28, 2014
CASTING OPPORTUNITY Capital investment programmes, such as the Strategic Integrated Projects, will provide opportunities for the casting industry to supply cast and centrifugally cast products
Specialist foundry Steloy Castings will complete a multimillion dollar order for stanchion support assemblies, this month, which will be sent to a petrochemicals refinery in China. “The order comprised an assembly of castings, the bulk of which consists of tubes,...
Feb 28, 2014
CRANE OPERATION The Konecranes service procedure and service manual has proven to reduce crane operating costs and thus increasing production capacity, reliability and efficiency
Lifting equipment and service company Konecranes Southern Africa (SA) is manufacturing nine overhead cranes, with an estimated value of R8-million, for the steel industry and continues its inspection and service contracts for local and multinational steel...
 
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