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Topic - Steel Market
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Dec 09, 2014
The SMS group inaugurated its new manufacturing and service workshop in Bhubaneswar, in the Indian state of Odisha, built for an investment of approximately 31 million euros. In the presence of more than 250 guests from politics and industry, Chief Minister Naveen...
Nov 21, 2014
HOT ROLLED BARS ArcelorMittal supplies hot rolled steel, pickled and oiled steel, cold rolled steel and electro galvanised steel to the automotive industry
Multinational steel manufacturer ArcelorMittal South Africa supplies around 170 to 180 kiloton of flat steel products to the country’s vehicle manufacturers. “This is as part of our strategy to continue our good relationship with the automotive industry,” says...
Jul 11, 2014
NEWCASTLE UPGRADE ArcelorMittal South Africa is undertaking a R1.6-billion reline of the blast furnace at its Newcastle plant, in KwaZulu-Natal
Steel producer ArcelorMittal South Africa (AMSA) says it is operating in a challenging global steel market, which has been exacerbated by a subdued local market, with low sales volumes and competition from imports, particularly finished goods. “Therefore, we have...
Feb 28, 2014
FUTURE CONFIDENCE BSI Steel is optimistic in its ability to adapt and overcome the challenges currently facing the steel industry
Steel distributor BSi Steel reports that it has fulfilled its aim of reaching growth of 28% in 2013. “Although South Africa’s steel consumption declined by at least 6% in the domestic steel market, BSi Steel has been on a sustained growth drive, which has resulted in...
Jan 10, 2014
Industry body, the Steel and Engineering Industries Federation of South Africa (Seifsa), has expressed concern over the relapse of slower growth in the metals and engineering sector in the last quarter of 2013, with only a 2% increase over the last three months of...
Aug 27, 2013
Evraz Highveld CEO Mike Garcia
South African steel producer Evraz Highveld – whose stock has come under sustained pressure since the release of an interim-results statement last Thursday in which doubts were raised about the company’s ability to continue as a going concern – reports that “daily...
Jul 12, 2013
AN OVERVIEW OF THE LOCAL STEEL INDUSTRY “Volatile times are the norm for the South African steel distribution business” says Derek Franks, Director of the company. “Steel merchants have had to contend with unstable steel prices for several years as well as unreliable...
Jul 12, 2013
US-based laser-cutting and engraving systems manufacturer Kern Laser Systems’ new HSE 150 W and HSE 400 W laser systems can be equipped with technology that enables the laser systems to accurately cut sheet metals made from stainless steel, mild steel, aluminum and...
Mar 01, 2013
 
 
 
 
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