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Topic - Steel Market
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Jul 27, 2015
Global steel companies will have to balance efforts focused on globalisation while maintaining an eye on customisation if they are to survive and prosper in a market characterised by excess supply, market concentration and digitalisation, professional services firm...
Jul 10, 2015
OVERCAPACITY The global steel industry is currently experiencing an oversupply of steel
Latin America nonprofit steel organisation Latin American Steel Association (Alacero) in June announced that the global steel industry calls on governments to take action against China’s new steel policy, Steel Adjustment Policy, and overcapacity. The association...
Jul 02, 2015
The World Steel Association has published the 2015 edition of the World Steel in Figures report, which shows an increase in steel production as well as provides an overview of steel industry activities from crude steel production to apparent steel use.
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 20, 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 10, 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 27, 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
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