R/€ = 15.65 Change: 0.03
R/$ = 13.72 Change: 0.02
Au 1291.45 $/oz Change: 2.14
Pt 802.31 $/oz Change: -1.04

Press Office - Macsteel


We have updated our “about Macsteel” editorial.  Kindly replace old and use the attached where is needed/necessary/appropriate.

Contact details:  Ronnie Jacobs – Group Executive:  Marketing & Business Development
Tel:  011 871 0000
Fax:  011 823 3860


Understanding damage tolerance in hybrid bearings

15th January 2019 New research by SKF could make hybrid bearings more cost-effective and reliable, paving the way for their use in a wider range of applications. Gothenburg, Sweden, 19 December 2018: Hybrid bearings, which combine hardened steel rings with rolling elements made of high-performance ceramic... 

Safety First With Durable Mentis Floor Grating

15th January 2019 Liability claims from slips, trips and falls in the workplace can be financially debilitating and have an extremely negative impact on the reputation of a business. Considered the most frequent cause of injuries in the workplace, these incidents can result in serious downtime and even closure of... 

China to focus on improving steel capacity structure – assn chief

By: Reuters     14th January 2019 China's steel industry will shift its focus to optimising capacity structure, including products, location and ownership, in 2019, from reducing overall capacity, said an executive of the country's iron and steel association on Monday. China is entering the fourth year of its supply-side reform... 

Manufacturing production up 1.6% y/y in November  

By: Tasneem Bulbulia     10th January 2019 Manufacturing production increased by 1.6% year-on-year in November, Statistics South Africa reported on Thursday. The largest positive contributions were made by the food and beverages; and motor vehicles, parts and accessories and other transport equipment sectors. 

Mazda develops world’s first cold-stamped parts using 1 310 MPa-class steel

By: Irma Venter     10th January 2019 Mazda Motor Corporation, working separately with Nippon Steel & Sumitomo Metal Corporation and JFE Steel Corporation, has developed the world’s first cold-stamped vehicle body parts made from 1 310 MPa-class high-strength steel. The parts are used in Mazda’s new-generation Skyactiv vehicle... 

Air-purifying concrete can reduce atmospheric pollution

10th January 2019 The use of air-purifying concrete in both pavements and surrounding structures can play a major role in the reduction of atmospheric pollution in urban areas, says Bryan Perrie, MD of The Concrete Institute. Perrie says air pollution is a steadily increasing problem in densely populated area and... 

Goldman warns iron-ore's jump into $70s 'is not sustainable'

By: Bloomberg     9th January 2019 Iron-ore’s rally over the past month, with benchmark material pushing back into the $70s, is at risk as banks including Goldman Sachs Group and Morgan Stanley warn that prices are poised to drop back. While industry fundamentals have improved, current prices won’t last as more supply is on the... 

EU expected to clear steel import curb after Trump tariffs

By: Reuters     9th January 2019 European Union countries are expected to next week approve a scheme to limit imports of steel into the bloc following US President Donald Trump's imposition of tariffs on steel and aluminium entering the United States. The vote on Jan. 16 would put in place an effective cap on steel imports for... 

Fabricating for 25 years

By: Creamer Media Reporter      8th January 2019 November 2018 marked 25 years of service for Babcock’s fabricating facility as it celebrated two and a half decades of providing fabricated products and a full range of specialised support services to Africa’s power generation and metallurgical industries. Where it all began 

FLIR Thermal Cameras Offer Value in Under-Pressure SA Construction Sector

7th January 2019 While the South African economy may be expanding at a snail’s pace, things are starting to look more promising in the local construction industry. A recent media headline, for example, indicated that the tide may be turning for SA construction sector. “The building industry is an exceptionally... 

Australia warns of 'double whammy' risks to commodities outlook

By: Bloomberg     21st December 2018 Commodities are at risk from a “double whammy” of rising trade tensions and a substantial slowdown in global growth, the Australian government warned, as increasing uncertainty threatens to hinder record exports from the raw materials powerhouse. While Australia’s resources and energy shipments... 

India’s Coal Ministry extends timelines for ongoing coal block auction

By: Ajoy K Das     20th December 2018 India’s Coal Ministry has extended the timelines for various stages of auctioning 18 coal blocks that got underway on Wednesday and has also relaxed some terms and conditions for successful bidders. The auction of the coal blocks for users in steel, cement and captive power generation sectors... 

Climate ideals clash with coal realities at Polish-led UN talks

By: Reuters     14th December 2018 Delegates at UN climate talks in the Polish city of Katowice point to the mining museum next to the conference venue as the proper place for coal, which provides 80% of the country's electricity. Poland's decision to host the negotiations to revive the 2015 Paris agreement on phasing out fossil... 

South African company building new smelter in Zimbabwe

By: Victor Moolman     12th December 2018 Foundry and engineering company Thos Begbie is working in the Great Dyke of Zimbabwe, close to the town of Shurungwi, where it is helping to construct the Unki platinum smelter, adjacent to a mining operation owned by platinum mining company Anglo American Platinum (Amplats). Thos Begbie was... 

Indian govt to mediate in NMDC, Karnataka spat over iron-ore mine

By: Ajoy K Das     7th December 2018 In agreeing to mediate in the spat between State-run miner NMDC and the government of Karnataka over Donimalai iron-ore mine, the Steel Ministry has suggested that the Karnataka government does not invite a new miner to take control of the iron-ore mine. Officials said that the Steel Ministry... 

How to use SEIFSA indices for Contract Price Adjustment (CPA)

6th December 2018 Congratulations you have just landed a very big tender contract! Despite this significant achievement you are unsure on how to proceed with the process, and different questions come to mind 

Seifsa Training 

6th December 2018 The Key To Re-Positioning The Metals And Engineering Sector For The Future 

Construction starts on most technically advanced vessel ever built in South Africa

By: African News Agency      3rd December 2018 A South African black-owned shipbuilding company has taken big steps in the transformation of the maritime sector by forging ahead on a multi-billion rand build programme for a new hydrographic survey vessel for the country’s navy. On Friday, Southern African Shipyards (SAS) went one step further... 

Upcoming protest not the first amid talks of transition away from coal – SAWEA

By: Simone Liedtke     16th November 2018 The South African Wind Energy Association (SAWEA) has defended the industry’s job creation potential. This comes ahead of a peaceful march by the National Union of Mineworkers (NUM), which is planned for November 17, to protest potential job losses in the coal-fired power generation sector as a... 

India state may cancel NMDC's Donimalai mine lease in levy dispute

By: Reuters     16th November 2018 The government of India's Karnataka state on Friday warned NMDC that it will cancel the lease of its Donimalai iron-ore mine if the State-owned miner refuses to pay an additional levy on the sale of its ore. Karnataka's threat to cancel the lease stems from a dispute between NDMC, India's... 

PEM® Self-Clinching Nuts and Studs for Use in High-Strength Thin Steel Sheets

2nd November 2018 Provide Permanent Threads for Automotive Component Attachment Applications PEM® self-clinching SH™ nuts and HFLH™ studs from PennEngineering® can successfully install in high-strength thin steel sheets to provide permanent threads for mating hardware in automotive component attachment applications. 

Storage shelving, better option for plastic pallets

2nd November 2018 Pallet supplier Premier Pallets posits that for companies to optimise storage space, a racking-system (racking without centre support or shelving) is the logical way to go, however, this premise comes into question when companies use plastic pallets in factories. The company indicates that the... 

Peabody says Q4 focus is on North Goonyella, completing Shoal Creek buy

By: Creamer Media Reporter      31st October 2018 NYSE-listed Peabody on Tuesday announced solid results for the third quarter, despite ending the three-month period with substantial challenges at the fire-hit North Goonyella mine, which remains idled. The miner reported revenue of $1.41-billion, compared with $1.48-billion a year earlier, and... 

TPP-11 to give Australian resources a major boost – Minerals Council

By: Esmarie Iannucci     31st October 2018 PERTH ( – The Australian government has ratified the Trans-Pacific Partnership (TPP-11) trade agreement, a move that has been welcomed by the resources sector. Australia is the sixth country to ratify the agreement, meaning it can now enter into force on December 30, with... 

Stainless awards provide welcome boost to local sector

30th October 2018 The winners of the 2018 Sassda Columbus Stainless Awards have been announced at a glittering banquet in Fourways, Johannesburg with 189 entries from 53 companies resulting in a stellar list of more than 60 finalists. Speaking at the event, Sassda Executive Director John Tarboton said; “This year,... 

Atlas Copco WEDA 50+ and 60+ pumps take dewatering solutions to the next level

30th October 2018 Atlas Copco has solidified its place at the forefront of the pumps industry with the introduction of WEDA 50+ and 60+ dewatering pumps. These pumps have been designed to provide customers with enhanced levels of performance alongside improved efficiency, hassle-free maintenance as well as... 

US steel tariff fight stirs up a swarm of WTO litigation

By: Reuters     30th October 2018 The United States urged European Union governments on Monday to reflect on whether it was really in their interest to go ahead with a trade dispute over US metals tariffs, and said it was hopeful of settling the issue with Mexico and Canada. The US tariffs attracted an unprecedented seven... 

World’s safest construction and mining truck debuts at IMARC

30th October 2018 Scania Australia revealed the new XT mining and construction range next-generation trucks at Melbourne’s International Mining and Resources Conference (IMARC) today, giving the industry the first opportunity to examine the extra-tough truck in the metal. The all-new extra-tough Scania XT delivers... 

Battery metal bulls fear China's big disrupter to hit nickel

By: Bloomberg     29th October 2018 Commodity traders expect nickel, the silvery-white metal used to make stainless steel, to be a winner from the electric-vehicle revolution -- it’s a key component of batteries. But a Chinese metals giant with a knack of upending markets is threatening to spoil the party. Tsingshan Holding Group... 

WSP project teams receive multiple top honours at Steel Awards 2018

By: Creamer Media Reporter      29th October 2018 WSP in Africa, one of the largest multi-disciplinary engineering consulting firms on the continent, are honoured that two of the firm’s projects received multiple awards – including Overall winner - at the Southern African Institute of Steel Construction (SAISC) Steel Awards 2018. The winning... 

Richard’s Bay IDZ gate wins AfriSam-SAIA sustainable architecture award

By: Marleny Arnoldi     29th October 2018 The Richard’s Bay Industrial Development Zone (RBIDZ) entrance gate in KwaZulu-Natal has won a seminal sustainable design award, in the sustainable architecture category, at the biennial AfriSam-South African Institute of Architects (AfriSam-SAIA) Awards for Sustainable Architecture and... 

Dirty Water No Problem For Sykes Water Transfer Range

29th October 2018 Water transfer applications in many industries across Africa must often deal with unpredictable water quality, so it is important to specify a pump built for African conditions - tough, reliable and robust. According to Henru Strydom, Sykes product specialist at Integrated Pump Rentals, the... 

Horizonte focus shifts to funding as it ticks feasibility study box

By: Mariaan Webb     29th October 2018 Nickel company Horizonte Minerals has confirmed the economics of its Araguaia ferronickel project, in Brazil, with the completion of a feasibility study, setting up the company to advance offtake agreements and secure funding for the $443-million development. The Aim- and TSX-listed company aims... 

Vale expects jump in base metal performance in 2020

By: Reuters     26th October 2018 Brazil's Vale, the world's top iron-ore producer, is expecting major improvement in the performance of its base metals division in 2020 but said that production cuts would remain effect this year and next while prices remain low, executives said on Thursday. CEO Fabio Schvartsman forecast a... 

Ultra-Lok® helps to clamp down on cable theft

26th October 2018 The tamper-proof Ultra-Lok® clamping system, distributed locally by Banding & Identification (ID) Solutions Africa, has been relaunched with a particular emphasis on its ability to prevent cable theft. Cable theft costs the South African economy billions of rands each year in lost productivity,... 

Mixed picture emerges of state of SA’s road bridges following deadly Genoa collapse

By: Nadine James     26th October 2018 In light of the highly publicised Genoa bridge collapse, in Italy, as well as the abrupt closure of Johannesburg’s M2 east highway, questions surrounding the structural integrity of South African bridges have been raised. Bridges that fall within the South African National Road Agency Limited’s... 

SEZ to boost stainless steel industry

By: Thabi Madiba     26th October 2018 The Limpopo-based export-oriented mega mineral energy complex, in a special economic zone (SEZ), in which Chinese State-owned companies are set to invest, is “the biggest thing on the horizon” in the local stainless steel industry, says Southern Africa Stainless Steel Development Association... 

Manufacturer goes big at 2018 Sassda awards

By: Thabi Madiba     26th October 2018 Heavy-duty pump manufacturer Hazleton Pumps will compete in six categories at the biennial 2018 Southern Africa Stainless Steel Development Association (Sassda) Columbus Stainless Awards, with an entry submitted for the use of duplex stainless steel to decrease pumping costs in the mining... 

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