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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 8 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

Nickel price forecast rises as market tightens into 2020

By: Henry Lazenby     2nd December 2016 The price of nickel is expected to continue its upward momentum over the next four years to 2020 as mine closures are expected to slow market growth, while ambitious US spending plans will potentially boost demand. Analysis by Fitch Group research arm BMI calls for a more bullish nickel price... 

New small-scale generator powerful but quiet

     2nd December 2016 This year, generator provider Kohler Generators introduced its 30 kW standby generator, which is ideally suited to larger homes and smaller business as it is both powerful and quiet. 

Sasol Place corporate office development project, South Africa

By: Sheila Barradas     2nd December 2016 Aveng Grinaker-LTA is nearing completion of Sasol’s new global headquarters. 

Seifsa welcomes uptick in PMI, but warns that corner not turned yet

By: Megan van Wyngaardt     1st December 2016 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) on Thursday welcomed the slight growth registered in the Purchasing Managers Index (PMI) data for November, notwithstanding the fact that neither the overall nor the activity subindex could break through the neutral... 

Sol Plaatje University – Finalist in SAISC Steel Awards 2016

     1st December 2016 The Annual Steel Awards which are hosted by the Southern African Institute of Steel Construction (SAISC) in partnership with BSi Steel aim to showcase projects that demonstrate innovation and excellence in the use of structural steel in their designs. Only projects that meet outstanding execution... 

SAIL to double iron-ore production of its Bolani mine

By: Ajoy K Das     1st December 2016 Steel Authority of India Limited (SAIL), the country’s largest integrated steel producer, will double the production capacity of its Bolani iron-ore mine in the eastern Indian province of Odisha. The capacity of the mine will be ramped up to ten-million tons a year over the next four years from... 

MMK’s environmental management system passes international audit

     1st December 2016 OJSC Magnitogorsk Iron and Steel Works announces that it is now one of the first companies in Russia to have its environmental management system (EMS) certified in line with the new version of the ISO 14001:2015 International Standard. This audit was carried out by TÜV NORD CERT (Germany), a... 

Bushveld deal given CompComm thumbs up

By: Natasha Odendaal     1st December 2016 Aim-listed Bushveld Minerals’ acquisition of Strategic Minerals Corporation (SMC) has been unconditionally approved by the Competition Commission. In May, Bushveld signed a share purchase agreement to buy Evraz Highveld Steel & Vanadium’s 78.8% stake in SMC, which holds the Vametco vanadium mine... 

Chinese demand, prices trigger ferrochrome green shoots in India

By: Ajoy K Das     1st December 2016 Green shoots are emerging in the ferrochrome industry in India, as a revival in demand from China and higher prices have spurred producers to bring idled capacity back into production. “Improved Chinese demand and price realisations have definitely had a salutary impact on Indian ferrochrome... 

Eco Readymix Brings ‘Green’ To Concrete

     1st December 2016 In an industry first, AfriSam has released an environmentally responsible concrete range, Eco Readymix that blends high performance cement with carbon neutral mineral components to achieve excellent cementitious properties. The carbon footprint of this concrete has been reduced by between 46% and... 

Stainless Steel High-Lift Box/Container Tipper

     1st December 2016 A new stainless steel TIP-TITE™ High-Lift Box/Container Tipper from Flexicon discharges dust-free into vessels 1830 to 3050 mm above the plant floor. Boxes and other containers are loaded at floor level and hydraulically seated against a discharge hood. The assembly is then hydraulically elevated... 

Local procurement accord key to unshackling struggling economy

By: Megan van Wyngaardt     30th November 2016 To enhance local procurement to the benefit of the economy, South African businesses need to start implementing the commitments set out in government’s local procurement accord. Speaking at an economic policy dialogue to discuss the role that big business can play in enhancing local procurement... 

CITIC aims to cut costs at Sino Iron project, ramp up output

By: Reuters     30th November 2016 CITIC Pacific Mining's Sino Iron project in Western Australia is ramping up production and expects to export more than 10-million tonnes this year, its chairman said on Tuesday, adding the goal was to become the world's lowest cost producer. Chairman Zhang Jijing of CITIC Pacific Mining, a... 

Rio seeks iron-ore premium from China mills in likely pricing war revival - sources

By: Reuters     29th November 2016 Australian miner Rio Tinto is asking Chinese steel mills to pay a premium for its highest grade iron ore product for the first time since an annual pricing system collapsed in 2010, two sources familiar with the situation said. The demand by the world's No. 2 iron-ore miner comes as Chinese... 

Free Extra Warranty…Aussie Fire Pumps

     29th November 2016 Australian Pump Industries is famous for being the only company that supplies fire pumps with a unique 5 year pump warranty. Now they have added to their customer support program, a 4 year Honda engine warranty. The new warranty applies to Honda engines fitted to Aussie fire pumps! Australian... 

Meridian takes up TSX-V listing as it prepares for two-pronged BMC exploration approach

By: Henry Lazenby     29th November 2016 Amsterdam, Netherlands-based Meridian Mining has completed its acquisition of Canadian junior Cancana Resources, the companies announced Monday – a deal that is expected to streamline the ownership structure of Cancana and Meridian's joint venture (JV) exploration and development project Brazil... 

Aveng nears completion on Sasol Place

By: Megan van Wyngaardt     28th November 2016 Aveng Grinaker-LTA is nearing the completion of Sasol’s new global headquarters, Sasol Place, in Sandton. The building is designed in an S-shape, which links the core of the building with two atriums and represents the linked particles of the Sasol logo. The internal structure of the building is... 

SA French Supplies Saltec Passenger Hoists To Zambian Mines

     28th November 2016 Safety and operational reliability are key for equipment that operates on mines, and even more so when this machinery is responsible for the vertical movement of personnel. SA French reports that the company will supply two Saltec T1 half ton passenger hoists to copper mines in Zambia. The two... 

Western Areas gets new offtake partner

By: Esmarie Swanepoel     28th November 2016 ASX-listed nickel miner Western Areas has signed an offtake agreement with Chinese steel maker, the Tsingshan Group, for some 10 000 t/y of nickel contained in concentrate, for a three-year period, starting in February 2017. Western Areas MD Dan Lougher said on Monday that the agreement was many... 

Copper’s scorching rally may hit roadblock as imports drop

By: Bloomberg     28th November 2016 Copper’s searing rally in November could hit a roadblock as China’s imports of the metal shrink. The world’s biggest consumer is making more copper domestically than ever before, using supplies of foreign ore concentrate, which is curbing demand for the refined metal. Overseas purchases of... 

Germany's Merkel says G20 must tackle global steel glut

By: Reuters     28th November 2016 The G20 group of leading economies must find a solution to excess capacity in the global steel industry, German Chancellor Angela Merkel said on Saturday, adding that overproduction in some countries was causing job losses elsewhere. Merkel said Germany, which takes over the G20 presidency next... 

Despite cash crunch, Nautilus production support vessel construction continues apace

By: Henry Lazenby     25th November 2016 Despite significant delays to Nautilus Minerals’ production schedule, and a cash crunch having sent it into hibernation, construction of the Canadian marine-mining hopeful's production support vehicle (PSV) is progressing in China. Toronto-headquartered Nautilus on Thursday reported construction... 

CSIR investigates road applications for waste materials

By: Nadine James     25th November 2016 The Council for Scientific and Industrial Research (CSIR)  has been researching the use of alternative materials, including waste by-products, in road construction to reduce costs, enhance engineering properties and ensure the sustainability of the environment. CSIR Built Environment Transport... 

Many benefits to locally produced liquid filtration options

By: Robyn Wilkinson     25th November 2016 Liquid filtration specialist Flow Clear Filtration has had exponential growth in market interest in its locally produced liquid filtration solutions, which are more cost-effective and accessible than imported options. 

Multibag filter housing system has multiple applications

     25th November 2016 Diversified industrial products manufacturer Eaton’s new line of multi-bag filter housings offers effective solutions for a wide variety of filtration applications for industries such as automotive, pulp and paper, paints, coatings and chemicals, and industrial water where a code stamp is not... 

Seifsa welcomes positive PPI performance

By: Anine Kilian     24th November 2016 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has welcomed the latest Producer Price Index (PPI) data, released by Statistics South Africa (Stats SA) on Thursday, which showed growth in two sub-sectors.   However, the steel industry body also expressed concern... 

Rio Tinto CEO didn't see coal price going up, but expects it to fall

By: Reuters     24th November 2016 Rio Tinto CEO Jean-Sébastien Jacques on Wednesday admitted he didn't see the recent meteoric rise in coal prices coming. But he is already predicting the fall. Jacques, named five months ago to run the world's second-biggest mining company, said it's now clear China's mandate to rid its skies of... 

The Functional Heavy Duty Impact Traffic Door

     23rd November 2016 The Apex SR 9000 heavy duty impact door is not only engineered to ensure safety and ruggedness, but it manages to blend into any environment as a result of its sleek, modern design. This cost effective, insulated traffic door has found popularity in market sectors where dependable operation... 

Equatorial Resources aims to invest $1.2bn in Congo iron project

By: Reuters     23rd November 2016 Africa-focused Australian mining company Equatorial Resources Ltd will aim to invest around $1.2-billion to develop its Badondo iron-ore project in Republic of Congo, the company said. John Welborn, a non-executive director of Equatorial Resources and chief executive of its Congolese unit Congo... 

Rio-Carb celebrates 35 years of innovation and service excellence

     23rd November 2016 Rio-Carb, a leading manufacturer of R-C700 Chromium Carbide (CrC) clad liner plates for the materials-handling industry, celebrates its 35th anniversary this year. Founder and CEO Martin Maine has extensive experience in physical metallurgy, and has participated in several international... 

PT. Gunung Garuda successfully produces beam blanks on new four-strand caster supplied by SMS group

     22nd November 2016 SMS Concast, a subsidiary of the SMS group www.sms-group.com, had been awarded the contract to supply a new four-strand beam blank caster as a replacement for an older caster at PT. Gunung Garuda in Bekasi, Indonesia. The new beam blank caster today produces two section sizes (460 mm x 400 mm... 

NUCOR-JFE STEEL MEXICO orders a hot-dip galvanizing line and recoiling line from SMS group

     22nd November 2016 SMS group www.sms-group.com was awarded the order to supply a continuous hot-dip galvanizing line and a recoiling line for a new plant in Mexico by NUCOR-JFE STEEL MEXICO. The hot-dip galvanizing line will produce 400,000 tons of steel strips per year, most notably deep-drawing grades and... 

Pipe Plugging and Blocking of all shapes and sizes with Pipestoppers®

     22nd November 2016 Pipe plugs and stoppers are in use globally for a large variety of applications. This includes leak testing, weld purging, debris stopping and pipe freezing for repair or maintenance work for thousands of different industries. Manufacturing a wide range of plugs and stoppers of up to two meters... 

Global steel production rises 3.3% y/y in October

By: Anine Kilian     22nd November 2016 Global crude steel production, as reported by the 65 member countries of the World Steel Association (worldsteel), increased by 3.3% year-on-year to 136.5-million tons in October. South Africa’s crude steel output rose by 13.8% year-on-year to 534 000 t in October, while Egypt lifted its... 

Gold from woodchips, grease, mine muck surprises on upside 

By: Martin Creamer     21st November 2016 The recovery of gold from mine waste at Goldplat Recovery in Benoni generates a surprisingly high level of revenue while simultaneously protecting the environment and providing hundreds of valuable jobs. The London Aim-listed Goldplat, a bona fide junior producer from secondary material, last... 

Iron-ore’s party gives way to hangover as China stockpiles surge

By: Bloomberg     21st November 2016 For iron-ore, it is the morning after the night before. Prices have given up most of the gains inspired by Donald Trump’s surprise win and a speculative frenzy in China, with a surge in port stockpiles in the top user reminding investors that fundamentals still count. “The speed of the recent... 

LPC: Mining loans post stellar gains in US secondary market

By: Reuters     19th November 2016 Mining companies have been some of the best performing credits in the US secondary loan market this year as commodity prices recover and the outlook improves for the coal industry as president-elect Donald Trump promises a spending spree to upgrade the country's infrastructure. Arch Coal is the... 

AMSA shareholders back R2.2bn empowerment deal

By: Terence Creamer     18th November 2016 Shareholders in ArcelorMittal South Africa (AMSA) voted on Friday in favour of a R2.2-billion broad-based black economic empowerment transaction, involving Likamva Resources. The approval was carried by 99.9% of the shares that were eligible to vote. The deal will see Likamva initially hold a 17%... 

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