Engineering News | Metals

https://www.engineeringnews.co.za

Follow @EngNewsZA

Advertise on this page? Click Here to Learn More

Carbon Steel News

Neasa approaches High Court to stop new steel import duties

By: Marleny Arnoldi 3rd August 2020 The National Employers’ Association of South Africa (Neasa) has filed an urgent application in the Gauteng High Court to stop the implementation by the International Trade Administration Commission of South Africa (Itac) of a 10% import tariff and custom duties on coated flat-rolled products.... →

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... →

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... →

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

Workshop conversion back on track

By: Halima Frost 31st July 2020 Although the conversion of railroad equipment supplier Gibela Rail Transport Consortium’s training centre into a traction motor manufacturing workshop has been delayed because of Covid-19, the project is again on track for completion by the end of the year. The company says that the electrical... →

KEEP MOTORING Although setbacks have been faced Gibela is back on track to start manufacturing its traction motors by year end

AMSA seeks import protection on hot-rolled coil and heavy beams

By: Terence Creamer 30th July 2020 Steel producer ArcelorMittal South Africa (AMSA) has submitted two separate applications to the International Trade and Administration Commission of South Africa (Itac) requesting import protection on hot-rolled coil (HRC) and heavy structural beams respectively. The HRC application seeks to... →

AMSA implements large-scale, but ‘flexible’, labour reorganisation as Covid-19 bites

By: Terence Creamer 30th July 2020 Steel producer ArcelorMittal South Africa (AMSA), which reported a loss of R2.6-billion for the interim period to June 30, warned on Thursday that it expected steel demand to remain subdued for the foreseeable future and indicated that it was pushing ahead with a large-scale labour... →

ArcelorMittal South Africa CEO Kobus Verster presenting a slide on market conditions in South Africa during the group's interim results presentation. Video by: Nicholas Boyd & Kutlwano Matala.

AMSA warns of increased interim loss

By: Creamer Media Reporter 16th July 2020 Steel producer ArcelorMittal South Africa (AMSA) expects its headline loss for the six months ended June 30 to increase by at least R2-billion. It said in a trading update on July 16 that its loss for the period would increase by at least R1.7-billion. →

IZA publishes ‘Essentials of Galvanizing’ booklet

By: Simone Liedtke 16th July 2020 The International Zinc Association (IZA) has published its newest guide on the ‘Essentials of Galvanizing’, the primary purpose of which is to be a key reference for engineers and designers globally. Speaking during the booklet’s virtual launch on July 15, IZA’s Simon Norton explained that the... →

Kobe, Vale and Mitsui team up on low CO2 iron-making

By: Creamer Media Reporter 13th July 2020 Japanese steelmaker Kobe Steel is collaborating with the iron-ore major Vale and global trading and investment company Mitsui on providing low carbon dioxide (CO2) iron metallic and iron-making solutions. Kobe says the direct reduction iron-making technology of its US subsidiary, Midrex... →

Direct reduced iron is a raw material for steelmaking made by reducing iron-ore.

PSV business rescue plan presentation delayed

By: Simone Liedtke 8th July 2020 The business rescue practitioners handling industrial holding company PSV Holdings’ business rescue process have extended the date for presentation of the business rescue plan to July 13. More than 50% of PSV’s creditors had agreed to the extention. →

Getting it right: Kogi Iron

By: Creamer Media Reporter 8th July 2020 Mining Weekly incorrectly reported on July 7 that ASX-listed Kogi Iron had received a large investment from European funds management company Torridon Investments Research to develop its Agbaja cast steel project, in Nigeria. However, Torridon, which is a European funds manager with billions of... →

Correction: Kogi Iron

By: Schalk Burger 7th July 2020 Mining Weekly incorrectly reported on July 7 that ASX-listed Kogi Iron had received a large investment from European fund management company Torridon Investments Research to develop its Agbaja cast steel project, in Nigeria. However, Torridon, which is a European fund manager with billions of... →

Get going with galvanizing: new book for engineers from IZA

By: Shannon de Ryhove 3rd July 2020 The International Zinc Association (IZA) will launch its new publication, The Essentials of Galvanizing, during a webinar hosted by Creamer Media Contract Publishing on July 15, 2020. The publication offers the civil engineering and construction industry valuable insights into the importance of... →

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.... →

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... →

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... →

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.... →

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

AMSA clarifies details of safeguard application for structural steel products

By: Schalk Burger 2nd July 2020 ArcelorMittal South Africa (AMSA) on July 1 said it had, in collaboration with Evraz Highveld Steel, applied for safeguards on structural steel products produced at the Highveld Structural Mill, being the only producer of these products in the country. AMSA emphasised that it haD not approached... →

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... →

Metals, engineering sectors to ‘walk the tightrope’ to economic recovery

By: Simone Liedtke 24th June 2020 The road to the metals and engineering (M&E) sector’s post-Covid-19 recovery will be long and will require extraordinary and targeted policies to walk the tightrope towards an economic reboot, Steel and Engineering Industries Federation of Southern Africa (Seifsa) chief economist Dr Michael Ade... →

Global steel output falls 8.7% in May, but China lifts production

By: Reuters 23rd June 2020 Global crude steel output slipped 8.7% in May to 148.8-million tonnes as many steelmakers shut operations due to the Covid-19 pandemic, even as top producer China was resilient and pumped out more of the metal. Data from the World Steel Association on Monday showed a sharp contrast between steel... →

AMSA considering large-scale restructuring, jobs to be lost

By: Simone Liedtke 18th June 2020 While the full extent of the Covid-19 pandemic still remains uncertain as the economy slowly reopens within government’s risk-adjusted approach to easing lockdown restrictions, JSE-listed steel producer ArcelorMittal South Africa (AMSA) has advised that it is considering a large-scale... →

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... →

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

Pandemic dashes hopes for a domestic steel sector turnaround

By: Simone Liedtke 12th June 2020 The international Covid-19 outbreak, which has disrupted the South African and the global economy, has thrown another “a spanner in the works” for the already embattled domestic steel sector and could seriously hamper, or even prevent, a recovery. The pandemic has already ruined any hopes of a... →

African supply chains can unlock sustained economic growth post pandemic

12th June 2020 The current Covid19-related economic challenges, locally and throughout Africa, starkly highlight the need for pan-African companies and governments to support African supply chains and, in so doing, boost economic activity on the continent. This can be achieved by procuring the production of... →

Worldsteel says demand will contract by 6.4% this year owing to Covid-19

By: Simone Liedtke 4th June 2020 The World Steel Association (worldsteel) expects global steel demand to contract by 6.4% this year, as a result of the Covid-19 crisis. In its Short Range Outlook (SRO) for 2020 and 2021, released on June 4, the industry body states that steel demand is, however, expected to increase by 3.8%... →

EU to revamp steel-import controls as virus-hit economy recovers

By: Bloomberg 1st June 2020 The European Union plans to revamp its steel-import restrictions to guard against major market distortions as the bloc’s economy recovers from the effects of the pandemic. The proposed changes apply to EU import curbs introduced two years ago to prevent a controversial 25% US levy on foreign... →

AMSA welcomes move to Level 3 in nationwide lockdown

By: Simone Liedtke 25th May 2020 Steel company ArcelorMittal South Africa (AMSA) has welcomed the announcement by President Cyril Ramaphosa that the country will be moving to Level 3 in the risk-adjusted approach to the easing of the nationwide lockdown. At Level 3, AMSA will be able to operate with 100% of its workforce, but... →

Global steel production down 13% y/y

By: Donna Slater 22nd May 2020 World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) decreased by 13% year-on-year to 137.1-million tonnes in April. Africa's output decreased by 55.7% year-on-year to 603 000 t, with South Africa's output having decreased by 99.5%. →

Pandemic, economic challenges to shape industry direction

By: Mamaili Mamaila 22nd May 2020 Industry trends are likely to take a new direction because of the global Covid-19 pandemic and a severely constrained local economy, says steel and value-added steel products merchandiser and distributor Macsteel. →

MIKE BENFIELD The construction and steel sectors – including the larger manufacturing industry – are “hand-in-glove”

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... →

Kogi appoints Nigerian contractor to start trial iron-ore mining

By: Marleny Arnoldi 8th May 2020 ASX-listed Kogi Iron and its Nigerian subsidiary KCM Mining have started small-scale trial mining at the Agbaja Cast Steel project, in Nigeria. The companies have appointed a local Lokoja-based civil engineering contractor to start the trial mining on a 30 m by 30 m by 5 m deep pit, owing to... →

EU reviewing steel imports in view of possible glut - trade chief

By: Reuters 22nd April 2020 The coronavirus crisis could lead to massive stockpiling of steel that could then flood the European Union when demand returns, the EU trade chief said on Tuesday, adding this was something the bloc would seek to guard against. The EU put in place safeguards in 2018 to control incoming steel to... →

Organisation calls for govt assistance to ‘reshape’ steel industry post-lockdown

By: Simone Liedtke 17th April 2020 The decision to put South Africa under lockdown as part of its response to Covid-19 “has put further pressure on the steel industry”, says research organisation Trade and Industrial Policy Strategies (Tips). In a policy brief, it elaborates that, depending on the length of the lockdown and the... →

Kogi Iron sees ongoing interest in Nigeria-based cast steel project

By: Simone Liedtke 7th April 2020 ASX-listed Kogi Iron is seeing ongoing interest from potential new investors in its Agbaja cast steel project, in Nigeria, where Kogi is starting to see global capital flows to the commodity sector. Owing to the rapid escalation and global impacts of the coronavirus, or Covid-19, Kogi and KCM... →

A location map of Kogi Iron's Nigerian cast steel project.

Opinion: South African steel industry is an industry in distress

6th March 2020 In this opinion piece, South African Iron and Steel Institute secretary-general Charles Dednam outlines the difficulties being faced by the domestic steel industry and calls for the creation a ‘level playing field’ to enable the steel industry to contribute more fully in stimulating value-added... →

South African Iron and Steel Institute secretary-general Charles Dednam

Companies urged to gear up for gas revolution in Mozambique

By: Kim Cloete 3rd March 2020 Key players in the gas industry have urged the South African government and companies to gear up for the tremendous opportunities that the gas resources uncovered in Mozambique will offer. A final investment decision (FID) has been taken for two projects, while the FID for a third project is... →

Topics In These Articles

RSS Feed

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Newsletters

Sign up for our FREE daily email newsletter

Receive daily sector news alerts

More

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Subscribe