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Press Office - Macsteel

Macsteel

With a proud history spanning more than 110 years, Macsteel Service Centres SA continues to develop and expand, reinforcing its position as the leading merchandiser and distributor of steel and value added steel products in Africa. Consisting of 9 dynamic Business Units and operating from a network of 79 service centres, branches and warehouses, Macsteel supplies the entire Sub Saharan geographic region with the full range of carbon steel, special steel, stainless steel, aluminium products and value added steel processes to all sectors of industry.  Macsteel invites You to test their mettle and forge an enduring partnership with them as Your preferred steel supplier of choice

Topic

Chile's copper output drops in April due to heavy rains

By: Reuters     Updated 52 minutes ago Copper output in world No 1 producer Chile fell in April as some mines in the central part of the country were hit by heavy rains and ore grades continued to decline, the government said on Monday. Chile, which produces one-third of the world's copper, is struggling with dwindling ore grades in... 

RTS Africa Engineering – Growing interest locally and internationally in the multiple benefits of back-channel cooling and spin filter technology

     Updated 6 hours ago An electricity tariff increase of almost 10%, announced at the beginning of March 2016 has put further pressure on the industrial sector – and underscored the importance of energy efficiency in all aspects of company operations. Variable speed drives (VSDs) have proven to be one of the most... 

A compact ‘all-in-one’ welding solution: new Multi-process inverter provides customers with new levels of versatility and efficiency

     Updated 7 hours ago In South Africa’s current energy crisis, all industries have been forced to re-examine the efficiencies of their processes and equipment. Renttech South Africa is pleased to introduce a welding solution to their customers which ‘ticks all the boxes’ when it comes to operational and energy... 

Hawsons attracts international interest – Carpentaria

By: Mariaan Webb     Updated 7 hours ago ASX-listed Carpentaria has signed a nonbinding letter of intent (LOI) with global commodities trading group Gunvor for the purchase of up to one-million tonnes a year from its flagship Hawson iron-ore project in New South Wales. The company said on Monday that the latest LOI meant that half of... 

Despite negative fundamentals for US coal, some flickers of hope to be found

By: Henry Lazenby     28th May 2016 One would be hard-pressed to find optimism in today’s US coal industry, but even as the country’s exports fall and the fossil fuel’s importance in the energy mix diminishes, there are some flickers of hope for the industry, which seems to be facing ever-darkening fundamentals. Doyle Trading... 

Commodity price indices rally as oil picks up where metals left off

By: Henry Lazenby     27th May 2016 Commodity price indices have rallied in recent weeks as strong performance by oil softened the lull in metals price movements. Scotiabank's commodity price index had improved by 4.5% month-on-month in April as energy gains more than offset metals weakness. 

'Twisting' Vitreous Enamel Cladding For Oman Airport Tower

     27th May 2016 Ekurhuleni-based Vitrex designed and  supplied unique 'twisted' vitreous enamel the Air Traffic Control (ATC) Tower at Muscat International Airport in the Sultanate of Oman. Vitraclad heavy gauge panels, exported by Vitrex to cover around 4 000m2 of the fins of the Tower, were installed by the... 

Bid deadline for Anglo's coking coal mines set at June 6 – sources

By: Reuters     27th May 2016 Final bids for Anglo American's metallurgical coal mines in Australia, valued at up to $1.5-billion, must be submitted by June 6, three sources close to the matter said on Thursday. Anglo American, like its peers, is selling off prized assets after a prolonged commodities rout has left it with... 

A sobering visit to Chernobyl 30 years on

     27th May 2016 Watching a post-apocalyptic movie doesn’t do justice to the experience of walking down the main road of the model Soviet town of Prypyat thirty years after it was evacuated in the aftermath of the Chernobyl Nuclear Power Plant accident. What was once a spacious boulevard is now a forest hiding... 

Alloy supplier introduces new welding consumables offering

     27th May 2016 Leading supplier of nickel alloys, stainless steel and titanium Multi Alloys has strategically extended its portfolio and entered the welding consumables market with a new range of products. Through a partnership secured with electrical product supplier Lincoln Electric Company late last year,... 

Company distributes stainless steel safety hinge solution

     27th May 2016 The Leuze S420  stainless steel safety hinge switch, available from South African sensor solutions provider Countapulse Controls, offers an ideal solution for mechanically and hygienically challenging applications such as the food and beverage, pharmaceuticals or cosmetics industries. It is... 

Company launches new range for machining stainless steel

     27th May 2016 Last month, tooling manufacturer Dormer Pramet launched a new range of turning, milling, and support tools for machining stainless steel, including larger diameter cutters,  and wiper inserts. Dormer Pramet application specialist Ricky Payling explains that the exponential growth of stainless... 

Ingula pumped-storage scheme project, South Africa

By: Sheila Barradas     27th May 2016 Despite a setback on Unit 3, the scheme remains on schedule for commercial operations in January 2017. 

New submersible motor pumps launched

     27th May 2016 German pump and valves producer KSB has broadened its local series of pumps with the introduction of the Amarex KRT submersible motor pumps range for handling municipal and industrial waste water in a cost effective manner. The company notes that KSB engineers have further improved on the... 

Radar offers robust solutions

     27th May 2016 International instrumentation engineering enterprise Kobold Messring has introduced its Time Domain Reflectometry (TDR) technology to its Kobold NGR components. The components, which use microwave or guided radar, offer a robust and low-maintenance solution for level measurement and monitoring.... 

Safety and performance trump cost

     27th May 2016 Choosing between fibreglass and steel, and performance versus cost can be bewildering when it comes to installing floor gratings. Frequently, the decision is cost-driven, which can pose a serious threat to safety on site and therefore to employees. Grating and handrail manufacturer Vital... 

Stainless steel imports problematic – association

By: Nadine James     27th May 2016 Stainless steel industry body Southern Africa Stainless Steel Development Association (sassda) executive director John Tarboton says some imported stainless steel products do not have the correct alloy composition to adequately fulfil their functions. He explains that this conclusion is partially... 

Stainless steel more prominent in construction

     27th May 2016 Multinational stainless steel manufacturer Outokumpu has seen more of  its products being used in construction products in recent years, owing to changes in technology, increased environmental awareness and economic constraints. Increasingly sophisticated medical equipment requires an equally... 

Steel strapping enhances conventional tyre wall barrier

By: Nadine James     27th May 2016 Phase 1 of the Kyalami Grand Prix Circuit’s revamp comprised the track upgrade, including its lengthening, realignment and resurfacing, as well as the replacement and assembly of the tyre wall barriers, for which Kyalami management used stainless steel band and buckle manufacturer Banding &... 

‘Steel committee’ to be set up to monitor AMSA’s ‘fair pricing’ pledge

By: Terence Creamer     26th May 2016 Government would, within weeks, finalise a “fair pricing” agreement with steel producer ArcelorMittal South Africa (AMSA) and establish a “steel committee” to monitor implementation of the formula, which would be based on a basket of selling prices in Europe, Asia and North America. Department of... 

Metals sector forfeiting billions as imports capture 55% domestic market share

By: Terence Creamer     26th May 2016 The share held by South African metals and engineering producers of the domestic market fell to just 45% last year as imports continued to rise, representing a material decline from a peak of over 65% in 2002. In fact, Steel and Engineering Industries Federation of Southern Africa chief economist... 

Sphere sees $14m loss after suspending development at Askaf

By: Samantha Herbst     26th May 2016 Having decided to slow down development at its main Askaf iron-ore project, in Mauritania, in October, Glencore subsidiary Sphere Minerals reported a net loss of $14-million from continuing operations after income tax for the year ended December 31, compared with a loss of $311.9-million for the... 

HammerTek expands defection elbow product offering

By: Creamer Media Reporter      25th May 2016 The cast aluminium line of Smart Elbow deflection elbows from manufacturer HammerTek is now available in tube and pipe sizes from 3.8 cm up to 30.5 cm in diameter, helping to improve materials handling in dilute-phase and dense-phase pneumatic conveying systems applications. The deflection... 

AMSA insists fair pricing does not equate to no price increases

By: Terence Creamer     25th May 2016 Steel producer ArcelorMittal South Africa (AMSA) dismissed suggestions again on Wednesday that its deal with government to raise steel import protection in return for fairer pricing – as well as jobs and investment guarantees – precluded it from increasing prices. The JSE-listed company was... 

China iron-ore, steel stabilise after rout, spot ore may hold near $50/t

By: Reuters     25th May 2016 Iron-ore and steel futures in China steadied on Wednesday after recent steep losses, supporting market expectations that the price of spot iron-ore could find support at around $50/t. After a seasonal pickup in demand, consumption in China, the world's top steel user, has softened, pushing... 

Karara Mining secures $200m loan

By: Mariaan Webb     25th May 2016 Iron-ore joint venture (JV) Karara Mining has secured a $200-million loan from China-based Shanghai Pudong Development Bank, ASX-listed Gindalbie Metals reported on Wednesday. The new loan would provide the JV with working capital to support the Karara iron-ore project, in Western Australia. 

MPs demand to see Davies over steel price hikes

By: African News Agency      24th May 2016 Opposition MPs on Tuesday accused Trade and Industry Minister Dr Rob Davies of turning a blind eye to repeated steel price increases and demanded that he be called to explain government’s inaction. Democratic Alliance MP Dean McPherson said four steel price increases so far this year violated an... 

Aluminium Deflection Elbows Now In Diameters To 30.5 Cm

     24th May 2016 The cast aluminium line of Smart Elbow® deflection elbows from HammerTek® is now offered in tube and pipe sizes from 3.8 cm up to 30.5 cm in diameter.   Suitable for dilute-phase and dense-phase pneumatic conveying systems, the deflection elbows are said to eliminate problems associated with... 

Global steel production down 0.5% y/y in April

By: Samantha Herbst     23rd May 2016 Despite clawing its way back in recent months from a brief slump in January and February, global crude steel production fell 0.5% year-on-year to 135-million tonnes in April, according to the World Steel Association’s (worldsteel’s) crude steel production report for April. South America was... 

Arrium recap and sales process to be completed by year-end

By: Mariaan Webb     23rd May 2016 The recapitalisation and sale of collapsed Australian mining and steel group Arrium’s assets would be largely completed by the end of the year, the company’s administrator reported on Monday. The recapitalisation and sales process would start in July and was expected to attract “genuine interest”... 

BMW SA unveils solar carport charging for its electric car range

By: Irma Venter     23rd May 2016 BMW Group South Africa (SA) has unveiled a purpose-built solar carport that allows its electric vehicle (EV) range to charge using the power of the sun, instead of electricity from power utility Eskom's grid. The carport, an international innovation by Germany's BMW Group, can charge any EV, such... 

Hydra-Arc Group scores again…..

     20th May 2016 Since March the Hydra-Arc Group received three major international awards as recognition of their excellence in quality. Hydra Arc (Pty) Ltd won the Europe Business Assembly’s prestigious international prize The Highest Hallmark on 22 March. This award recognizes effective business activities and... 

Applied Mineral Technologies

By: Zandile Mavuso     20th May 2016 Established in 2001, Applied Mineral Technologies (Amtec) has grown into a large structural, mechanical, platework and piping (SMPP) services company specialising in the fabrication and construction of materials handling systems and processing plants for clients in the coal, diamonds, iron-ore,... 

Conventional building methods not suited to African conditions  

By: Nadine James     20th May 2016 Housing and construction systems developer Moladi says its low-cost housing system, comprising plastic formwork panels and a cement admixture, is widely embraced throughout Africa, as it has been specifically designed to meet the requirements of the African market. Moladi founder and CEO Hennie... 

Imminent lack of coarse ash will change cement brick industry

By: Nadine James     20th May 2016 Cement stock brick manufacturer Brick-It director Sean Cameron predicts that the upcoming shortage of coarse ash – which is combined with cement and other aggregates before being moulded into cement  bricks – will force the industry to change the bricks’ composition, subsequently affecting many... 

Mozambique steel plant acquired by South African manufacturer

By: Dylan Slater     20th May 2016 Following extensive negotiations with Capital Africa Steel (CAS), LionSteel South Africa (SA) has acquired the Mozambique-based steel pipe manufacturing mill Capital Star Steel SA (CSS), which is located in Matola.  

Polystyrene homes for North West orphans

By: Nadine James     20th May 2016 Nonprofit organisation Mobile Education and Training Trust (METT), in a joint venture (JV) partnership with polystyrene recyclers’ association Polystyrene Packaging Council (PSPC), is finalising construction of 75 housing units of 68 m2 each using polystyrene and cement-admixture panels to house... 

Urethane couplings for efficient drive performance

     20th May 2016 Engineering solutions supplier Bearing Man Group (BMG) GM Carlos Beukes states that Timken Quick-Flex along with Vulkan GBM heavy industrial couplings are designed for efficient performance in a diverse range of applications to transmit torque from a driving shaft to a driven shaft while... 

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