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Aluminium News

Hulamin expects to return to profitability in the second half of this year 

By: Tasneem Bulbulia     21st September 2020 Significant cost reduction efforts, coupled with stringent controls over working capital, helped to reduce the impact of Covid-19-related restrictions on aluminium supplier Hulamin's performance for the six months ended June 30, CEO Richard Jacob said on September 21. The company noted that cost... 

Insimbi ‘cautiously optimistic’ as earnings fall

By: Simone Liedtke     24th August 2020 Germiston-based foundry Insimbi Industrial Holdings remains cautiously optimistic for the year ahead as its headline earnings a share for the financial year ended February 29, was 25% lower year-on-year at 10c a share. Earnings a share also decreased, but by 32% year-on-year, to 8c a share. 

South32 progressing negotiations with Eskom for Hillside  

By: Tasneem Bulbulia     20th August 2020 Dual-listed South32 is making good progress with its negotiations with State-owned power utility Eskom on electricity prices for its Hillside aluminium smelter in Richards Bay, the group said during a media call on August 20. COO Mike Fraser said the group had reached an agreement with Eskom on a... 

South32 progressing negotiations with Eskom for Hillside
Graham Kerr

Women’s network growing steadily

By: Darren Parker     14th August 2020 The Protea Network – for women working in the predominantly male-dominated steel and other market sectors – is growing steadily and organically since its launch in April, says steel fabrication company Betterect MD Nicolette Skjoldhammer. She launched the network to provide women in the industry... 

Women’s network growing steadily
NICOLETTE SKJOLDHAMMER The objective of the Protea Network for this year is to encourage and facilitate online forum membership, where members can engage on a daily basis

Steel awards go virtual

By: Darren Parker     14th August 2020 The South African Institute for Steel Construction’s (SAISC’s) yearly Steel Awards will be judged and hosted virtually through a dedicated application (app) this year. This comes on the back of efforts to mitigate restrictions on social gatherings and take advantage of the digital marketing... 

Steel awards go virtual
VIRTUOSITY ASSESSED Small teams of judges attend sites physically, observing Covid-19 health and safety protocols, while others attend site visits virtually

Greater collaboration needed in steel supply chain

By: Darren Parker     14th August 2020 To ensure security of steel supply, the South African Institute for Steel Construction (SAISC) is calling for greater collaboration among all players in the local steel supply chain, from upstream producers to downstream merchants. Local steel demand was low before the Covid-19 pandemic, which... 

Greater collaboration needed  in steel supply chain
Photo by Adobe
RELIABLE ROLLOUT? The security of steel supply is a key concern for downstream merchants and fabricators

Market disruption expected to continue after Covid-19

By: Darren Parker     14th August 2020 The world will most likely never revert to pre-2020 norms, says steel grating and related products supplier Vital Engineering director Glen Pringle. He tells Engineering News that he expects continued market disruption and the rethinking of various elements of the market, including supply chains. 

Market disruption expected to continue after Covid-19
GRATE CHANGE AHEAD Vital Engineering needs to ensure that it is as agile as possible to take advantage of the ever-changing status quo

New duties another dose of 'slow poison' to steel industry, says Neasa

By: Marleny Arnoldi     11th August 2020 The National Employers’ Association of South Africa (Neasa) has reiterated its dissatisfaction with government's approval of an extended 8% safeguard duty on hot rolled coil, bringing the total duty payable on this product to 18%. This follows after Neasa launched an urgent application in the... 

Specialised steel extends life of ore wagons

By: Halima Frost     31st July 2020 Stainless steel manufacturer Columbus Stainless advocates that the much longer life span of ore wagons achieved using 3CR12, makes it clear why stainless steel is the cost-effective choice for equipment in ore-handling processes. “Owing to its excellent properties in wet sliding conditions, the... 

Specialised steel extends life of ore wagons
UP ORE DOWN Wagons manufactured by Columbus Stainless using 3CR12 transport ore for substantially longer with less degradation than those made of mild steel or other materials

Manufacturer obtains welding certification

By: Halima Frost     31st July 2020 Rolling stock manufacturer Transmashholdings (TMH) Africa, which acts as the centre of excellence for narrow-gauge rolling stock within the TMH Group, announced in March that it had been awarded the ISO 3834 welding certification. The certification was awarded to the company by the Southern... 

Manufacturer obtains welding certification
ACCREDITED FUSION Transmashholdings Africa have been awarded an International Standards Organisation 3843 welding certification which will help draw in new clients for the company

Hulamin becomes first aluminium semi-fabricator to achieve emissions milestone 

By: Donna Slater     9th July 2020 Aluminium products manufacturer Hulamin reports that it has become the first global aluminium semi-fabricator to have a greenhouse-gas (GHG) emissions target approved by the Science Based Targets initiative (SBTi).   The SBTi mobilises companies to set science-based targets and boost their... 

New approach adopted in uncertain steel market

By: Darren Parker     3rd July 2020 Steel merchant Macsteel has been re-evaluating its business strategy, owing to a steady decline in steel consumption over the past five years, with 2019 being a “new low” and the start of 2020 faring just as poorly – a situation that has been exacerbated by the lockdown because of Covid-19.... 

New approach adopted in uncertain steel market
BUILDING THE RIGHT WAY Macsteel aims to build its market share through strong, well-established and sustainable relationships with customers

Automation reduces costs, increases productivity

By: Darren Parker     3rd July 2020 With companies that invest in technology and automation showing signs of being more adaptable and strategically well positioned to take advantage of an inevitable upswing in the economy, local manufacturer and supplier of cutting and welding equipment consumables as well as distributor of steel... 

Automation reduces costs,  increases productivity
ANDREW POOLE Companies which take the risk and invest are more agile, more productive and better positioned to diversify and access new markets

New booster for industry 

By: Darren Parker     3rd July 2020 Nitrogen generation equipment manufacturer and supplier NitraLife has introduced a booster for its NitraCut nitrogen generator product, which ‘bolts’ onto the company’s NitraCut nitrogen generator, to increase its nitrogen delivery pressure and therefore also increase the thickness of steel it... 

New booster for industry
NitraLife MD Tom Sowry discusses the new NitraCut booster. Camerawork: Nicholas Boyd. Editing: Nicholas Boyd. Recorded: 11.06.2020

Future order book to relieve pressure for fabricator 

By: Darren Parker     3rd July 2020 Although the strategic decision to continue to pay employees full salaries during the Level 5 lockdown in April put pressure on its cashflow, steel fabricator and erector Betterect believes a healthy order book of projects for the next 18 months should ensure that the pressure will be relieved.... 

Future order book to relieve pressure for fabricator
Betterect MD Nicolette Skjoldhammer discusses the company’s strategic decisions, facility upgrades and the concept of ‘Team Africa’. Camerawork: Nicholas Boyd. Editing: Nicholas Boyd. Recorded: 12.06.2020

Metso Outotec can drive industries towards responsible use of natural resources

By: Marleny Arnoldi     1st July 2020 Metso Minerals, a subsidiary of global industrial company Metso, has officially merged with Finnish-listed technology company Outotec. The merger has formed a leading process technology, equipment and services company serving the minerals, metals and aggregates industries. The combined company... 

Hulamin experiences difficult 2019, but balance sheet remains robust

By: Marleny Arnoldi     26th June 2020 JSE-listed aluminium supplier Hulamin says it experienced particularly difficult conditions during the financial year ended December 31, 2019, which resulted in its loss a share increasing by 57% year-on-year to 380c. Headline earnings were down 182% year-on-year to a loss of R240-million, which... 

Cables for corrosive conditions

By: Tracy Hancock     26th June 2020 Industrial equipment supplier BMG’s extensive portfolio of Tsubaki Kabelschlepp cable carrier systems and safety cables includes S/SX steel cable carriers, which have been designed to carry heavy mechanical loads in harsh environments, including corrosive conditions. “The S/SX series comprises... 

Cables for corrosive conditions
OPTIMISED GEOMETRY The link design of the S/SX series allows contaminants found in harsh environments to fall through the system when the cable carrier is in motion

Hulamin expects headline loss a share of at least 70c

By: Marleny Arnoldi     19th June 2020 JSE-listed aluminium supplier Hulamin expects to report a basic loss a share of between 370c and 380c for the year ended December 31, 2019. This compares with a loss a share of 242c reported for the year ended December 31, 2018.  

Covid-19 compounds challenges in Africa

By: Tracy Hancock     12th June 2020 The legislation put in place amid the Covid-19 pandemic is compounding the “exceptionally challenging” business environment already faced by companies when operating in Africa, where each country presents its own challenges, says Macsteel Exports senior branch manager Adrian Isemonger. He... 

Covid-19 compounds challenges in Africa
AFRICAN REACH Macsteel Exports supplies sub-Saharan Africa with the broadest range of carbon steel, stainless steel, specialty steels, aluminum products and value-added processes to all industry sectors

Fitch Solutions expects most metal markets to move into a surplus this year

By: Simone Liedtke     13th May 2020 Most metals markets are expected to move into a surplus this year, says research firm Fitch Solutions, noting that consumption is likely to decrease more than the decreases in production capacity, as a result of the spread of Covid-19. Although some operational hurdles, owing to government... 

Hulamin expects Covid-19 to negatively impact on earnings

By: Simone Liedtke     17th April 2020 South Africa’s national lockdown is a significant disruption to JSE-listed Hulamin’s operations and has resulted in a decrease in demand for its products, particularly in the general engineering and automotive sectors. Consequently, Hulamin expects this to negatively impact on its earnings before... 

Global GDP to contract 1.9% this year, spark commodity oversupply, says Fitch

By: Simone Liedtke     6th April 2020 Owing to unprecedented lockdown in much of Europe, the US and across the globe, the world is currently experiencing considerably lower economic activity, which in turn significantly reduces commodity consumption, says ratings agency Fitch Ratings. As a result, it expects global gross domestic... 

Global GDP to contract 1.9% this year, spark commodity oversupply, says Fitch

Hulamin finalises acquisition of rolling slab business from Isizinda venture

By: Marleny Arnoldi     3rd April 2020 JSE-listed aluminium supplier and exporter Hulamin says all conditions have been fulfilled around the transaction between its subsidiary Hulamin Operations (Hulamin Opco) and Bingelela Capital to acquire the rolling slab business from Isizinda Aluminium company. The Isizinda company owns the... 

Hulamin finalises acquisition of rolling slab business from Isizinda venture

South32 cuts expenditure as operations are adjusted 

By: Esmarie Iannucci     27th March 2020 Diversified miner South32 has announced a $160-million cut to capital expenditure over the next 15 months, with the miner also announcing a number of operational changes in response to COVID-19. In response to a 21-day lockdown in South Africa, Soutnh32’s manganese assets in that country, along... 

South32 cuts expenditure as operations are adjusted
South32 CEO Graham Kerr

First bauxite cargo from Chalco's Guinea mine arrives in China

By: Reuters     27th February 2020 The first cargo of bauxite shipped from Aluminum Corp of China's Boffa mine, in Guinea, has arrived in China, a spokesperson for the company, which is also known as Chalco, said on Thursday. The 55 000 t cargo arrived at the port of Rizhao in eastern China's Shandong province on Wednesday after... 

South Africa will caution Trump against ‘premature’ trade review

By: Bloomberg     29th January 2020 South Africa’s government will tell President Donald Trump’s administration that its review of a preferential trade agreement that could put as much as $2.4-billion in exports at risk is premature and potentially damaging for both economies. The US Trade Representative will start public hearings... 

South Africa will caution Trump against ‘premature’ trade review

World risks 'disaster' as reuse of natural resources declines

By: Reuters     21st January 2020 The proportion of raw materials the world is reusing has fallen, researchers said on Tuesday, warning of a "global disaster" as annual consumption of natural resources rose to 100-billion tonnes for the first time. Just 8.6% of the 100-billion tonnes of materials – including minerals, metals,... 

Apple buys first carbon-free aluminium from Alcoa, Rio Tinto JV 

By: Simone Liedtke     6th December 2019 Technology company Apple has bought the first-ever commercial batch of carbon-free aluminium from a joint venture (JV) between two aluminum suppliers. The metal is being made by Elysis, the Montreal-based JV of Alcoa and Rio Tinto. The JV was established last year, with $144-million in funding... 

Cloud-based software anchors steel construction design

By: Halima Frost     22nd November 2019 Construction industry services and technology provider Hilti South Africa’s new, fully cloud-based steel anchor design software Profis has been well received in the South African construction sector. Launched in July, Profis Engineering is customised software used in the design of steel anchor... 

Cloud-based software anchors steel construction design
HARD JOB The new cloud-based software makes the design of steel erections, stiffeners and welding associated with the connection easier

Alcoa joins the ICMM

By: Creamer Media Reporter      21st November 2019 US-headquartered bauxite, alumina and aluminium products producer Alcoa has become the twenty-seventh company to become a member of the International Council on Mining and Metals (ICMM), which brings together companies and regional and commodities associations to strengthen the mining industry's... 

Refurbished building boasts new materials

By: Darren Parker     15th November 2019 Shared workspace provider WeWork will officially open its newly refurbished 155 West street building, in Sandton, next month. The building, which is more than 25 years old, was previously occupied by health insurance provider Discovery before it was overhauled. 

Refurbished building boasts new materials
NOT JUST A PRETTY FAÇADE The interior of the refurbished building includes upgraded safety features and improved facilities

Coca-Cola chooses plastic bottle collection over aluminium cans to cut carbon footprint

By: Reuters     7th November 2019 Coca-Cola is committed to collecting and recycling plastic bottles rather than switching to aluminium cans as the world's largest soft drinks maker seeks to reduce its carbon footprint, its chief executive officer told Reuters. Along with multinational rivals including PepsiCo and Nestle,... 

EU argues case against Trump's metal tariffs at WTO

By: Reuters     5th November 2019 The European Union argued on Monday for the withdrawal of tariffs imposed by US President Donald Trump on metal imports in one of the most high-profile and potentially explosive cases to come to the World Trade Organization (WTO). Trump set duties in 2018 of 25% on incoming steel and 10% on... 

Antiplastic trend raising aluminium demand – Novelis

By: Reuters     1st November 2019 Moves to reduce plastic packaging to protect the environment are starting to increase demand for aluminium packaging, the European head of Novelis, the world's largest producer of rolled aluminium products, said. Aluminium demand will also be underpinned by a trend towards more electrically... 

MSI launches welders' recruitment programme to boost job creation

By: Yvonne Silaule     30th October 2019 The Mpumalanga Stainless Initiative (MSI) and the Small Enterprise Development Agency (Seda) have launched the Mpumalanga Informal Welders Recruitment Programme. MSI CEO Victor Mashego says the programme will assist welders in rural areas and townships gain access to the market and grow their... 

Metals sector in costly battle to turn green

By: Reuters     25th October 2019 Metals producers, from miners to smelters, are grappling with increasingly tough and costly environmental demands imposed by banks seeking cleaner investments. While the transition may prove overwhelming for smaller producers, larger companies are playing a long game, casting ahead to a period... 

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