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Carbon Steel News

Numsa strike at AMSA enters fifth week

By: African News Agency      10th April 2019 The National Union of Metalworkers of South Africa said on Wednesday it was forging ahead with a month-long strike at the local subsidiary of multinational steel manufacturer ArcelorMittal. The union said this after its members handed over a memorandum of demands to the UK Embassy, in Pretoria,... 

Canada tribunal recommends tariffs for 2 types of steel, exclusion for others

By: Reuters     4th April 2019 The Canadian International Trade Tribunal (CITT) said on Wednesday that tariffs should stay on two types of steel originating from many countries other than the United States, and those on five other steel products should be lifted. The Canadian government had argued the special tariffs, called... 

Iron-ore thunders higher as mine dams closed, exports collapse

By: Bloomberg     3rd April 2019 Iron-ore’s supply-driven rally picked up pace on Wednesday, with futures topping $90 a ton, amid increasing concern the crisis at Brazil’s Vale will be drawn out as regulators ordered dozens of dams to be shut. Futures for benchmark material rallied as much as 4.1% in Singapore, while spot ore... 

Iron-ore thunders higher as mine dams closed, exports collapse

Tariff war will hammer global trade growth this year, WTO says

By: Bloomberg     2nd April 2019 The World Trade Organization (WTO) slashed its global trade growth projection for 2019 to the lowest level in three years, citing the impact of rising commercial tensions and tariffs. World merchandise trade growth will slow to 2.6% this year and 3% next year, after notching 3% in 2018, the WTO... 

LME waives listing fees for cobalt brands for six months

By: Reuters     26th March 2019 The London Metal Exchange (LME) on Tuesday suspended listing fees for new cobalt brands for six months to encourage interest from producers of the element widely used in rechargeable batteries. The LME, the oldest and largest market for industrial metals, launched a cash-settled cobalt contract... 

AMSA disputes Numsa’s claims

By: Marleny Arnoldi     20th March 2019 ArcelorMittal South Africa (AMSA) expressed its disappointment on Wednesday, following the publication of a statement by National Union of Metalworkers of South Africa (Numsa) on Tuesday, that claimed that some AMSA employees are forced to work even if conditions are dangerous. Numsa, which has... 

Numsa members continue strike at AMSA

By: Marleny Arnoldi     19th March 2019 The National Union of Metalworkers of South Africa (Numsa) has met with the Commission for Conciliation, Mediation and Arbitration (CCMA) to help resolve the strike at steel producer ArcelorMittal South Africa (AMSA). The union said in a statement on Tuesday that it had been unable to reach an... 

AMSA says contingency plans in place as Numsa strikes over ‘labour brokers’ 

By: Terence Creamer     12th March 2019 Steel producer ArcelorMittal South Africa (AMSA) says it has introduced contingency plans at its various plants to minimise the potential impact on production of a National Union of Metalworkers of South Africa (Numsa) strike. The union indicated on Tuesday that a strike had been declared, owing... 

AMSA says contingency plans in place as Numsa strikes over ‘labour brokers’
Photo by Creamer Media
AMSA's Vanderbijlpark steel mill

Numsa says on strike at AMSA

By: African News Agency      12th March 2019 The National Union of Metalworkers of South Africa said on Tuesday it had gone on strike at ArcelorMittal South Africa (AMSA), accusing the steel company of abusing workers through labour brokers. Numsa said the strike would affect all AMSA operations in Vanderbijlpark. 

NDT equipment analyses, measures carbon content in alloys

By: Jessica Oosthuizen     1st March 2019 Vereeniging-based nondestructive testing (NDT) equipment provider GammaTec NDT Supplies is currently introducing the SciAps Z-200 C+, which is the only handheld analyser on the market capable of analysing carbon content in alloys, to the African market. GammaTec is the official distributor for... 

NDT equipment analyses, measures  carbon content  in alloys
SCIAPS Z-200 C The equipment analyses carbon content in carbon and stainless steels using the technique of a handheld laser-induced breakdown spectroscopy

Aveng outlines piecemeal sale process being pursued at Grinaker-LTA 

By: Terence Creamer     26th February 2019 JSE-listed construction and engineering group Aveng says the disposal process for Grinaker-LTA is well advanced, but has also confirmed that the company will not be sold as a single going concern. The R95-million sale of Aveng Water has already been agreed and newly appointed CEO Sean Flanagan... 

Aveng outlines piecemeal sale process being pursued at Grinaker-LTA
Photo by Creamer Media's Dylan Slater
Aveng executive chairperson Eric Diack and CEO Sean Flanagan

Another fuel levy increase lies ahead, carbon tax to be implemented 

By: Simone Liedtke     20th February 2019 A carbon tax on fuel of 9c/l on petrol and 10c/l on diesel will become effective from June 5, Finance Minister Tito Mboweni said on Wednesday. Further, the general fuel levy will increase by 15c/l for petrol and diesel from April 3, while the Road Accident Fund (RAF) levy will be increased by... 

Constitutional Court upholds Aquila’s Gravenhage manganese mining right

By: Tasneem Bulbulia     18th February 2019 The Constitutional Court has upheld a High Court judgment granting China-based Baowu Group subsidiary, Aquila Steel, a mining right over its Gravenhage manganese deposit, located in South Africa’s Northern Cape province. Aquila’s planned development of Gravenhage has been delayed for several... 

Steel group to approach Nersa for power-tariff relief  

By: Terence Creamer     7th February 2019 Steel producer ArcelorMittal South Africa (AMSA) says it will submit site-specific applications to the National Energy Regulator of South Africa (Nersa) to secure tariff relief from Eskom for its operations in Gauteng, KwaZulu-Natal and the Western Cape. The submissions will be made in line with... 

Steel group to approach Nersa for power-tariff relief
AMSA CEO Kobus Verster on the threat posed by power hikes and on the group's plan to approach the regulator for relief. Camera Work & Editing: Darlene Creamer. Recorded: 7.2.2019

New graphite factory bolsters mining, foundry product offerings

By: Schalk Burger     7th February 2019 A new graphite facility, Graphite Freezeline Solutions, was opened last month on industrial engineering firm Thos Begbie’s manufacturing campus, in Middelburg. It will reduce the time to manufacture products that include graphite components, especially for the mining and foundry industry, says... 

New graphite factory bolsters mining, foundry product offerings
GFS FACILITY OPENING Hercules van der Merwe at the Graphite Freezeline Solutions facility opening

AMSA reports first profit since 2010 on back of higher steel prices  

By: Terence Creamer     7th February 2019 Following years of sustained losses, steel producer ArcelorMittal South Africa (AMSA) reported a full-year profit in 2018, on the back of a 12% rise in average realised prices and a 5% increase in sales volumes, supported by a 21% rise in export sales. The company last reported a full-year profit... 

AMSA reports first profit since 2010 on back of higher steel prices
New AMSA CFO Desmond Maharaj on the contribution made by the sale of Macsteel International Holdings to AMSA's net borrowings. Camera Work & Editing: Darlene Creamer. Recorded: 7.2.2019

AMSA expects to swing to FY18 profit

By: Simone Liedtke     1st February 2019 Steel producer ArcelorMittal South Africa (AMSA) expects to report headline earnings a share of 84c to 94c for the year ended December 31. This compares with a headline loss a share of 203c in 2017. 

Tribunal prohibits merger of steel drum makers Rheem and Greif

By: Schalk Burger     31st January 2019 The Competition Tribunal on Thursday announced that it had prohibited the proposed merger between industrial packaging companies Rheem and Greif, in which Greif would have acquired a majority interest in Rheem. International Greif and local Rheem are suppliers of industrial packaging products,... 

Global crude steel increased by 4.6% in 2018

By: Tasneem Bulbulia     25th January 2019 Global crude steel production reached 1.81-billion tonnes in 2018 – 4.6% year-on-year increase, the World Steel Association (worldsteel) reported on Friday. Worldsteel pointed out that crude steel production had increased in all regions, except for the European Union (EU), which recorded a 0.3%... 

ArcelorMittal's Essar bid delays planned JV with SAIL -official

By: Reuters     23rd January 2019 ArcelorMittal's prolonged bid to buy debt-ridden Essar Steel is delaying the world's biggest steelmaker's joint venture with state-owned Steel Authority of India Ltd (SAIL), India's steel minister and SAIL's chairman said. India's biggest state-owned steel company SAIL and billionaire Lakshmi... 

AMSA extends water treatment contract with Veolia Water Technologies

By: Tasneem Bulbulia     22nd January 2019 Veolia Water Technologies South Africa has been re-awarded the operational and chemical water treatment contract for ArcelorMittal South Africa’s (AMSA’s) Vanderbijlpark Works operation. Veolia has operated the facility’s water-related infrastructure and supplied and managed its chemical dosing... 

AMSA extends water treatment contract with Veolia Water Technologies
The thermal desalination plants ensure optimum salinity of the water cycle at the main water treatment plant

Group Five to sell Everite, Sky Sands subsidiaries for R480m

By: Creamer Media Reporter      17th January 2019 Construction firm Group Five will sell its Everite and Sky Sands subsidiaries to a consortium comprising Trinitas Private Equity and Agile Capital for R480-million. The subsidiaries form part of the firm's manufacturing cluster. 

Transnet to pursue ‘just and equitable’ settlements with rail OEMs awarded ‘unlawful’ contracts 

By: Terence Creamer     17th January 2019 Having determined the procurement of 1 064 diesel and electric locomotives to be “irregular and unlawful”, Transnet has communicated its intention to review contracts awarded to four original equipment manufacturers (OEMs) in 2015. The State-owned freight logistics group has also indicated that... 

Transnet to pursue ‘just and equitable’ settlements with rail OEMs awarded ‘unlawful’ contracts
Photo by Dylan Slater
Transnet chairperson Dr Popo Molefe

EU countries clear steel import curb until July 2021

By: Reuters     16th January 2019 The European Union (EU) will limit imports of steel into the bloc following US President Donald Trump's imposition of metals tariffs after EU governments backed the plan in a vote on Wednesday. It means that all steel imports will be subject to an effective cap until July 2021 to counter concerns... 

China starts new recycling drive as foreign trash ban widens

By: Reuters     15th January 2019 China plans to launch 100 new large-scale recycling "bases" by the end of next year, part of a campaign to make better use of its resources after extending a ban on foreign trash imports. A long manufacturing boom has saddled China with millions of tonnes of waste, much of which is buried in... 

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... 

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... 

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

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... 

Enforcing local procurement rules would help offset weak demand  

By: Terence Creamer     14th December 2018 Steel and Engineering Industries Federation of Southern Africa (Seifsa) wants government to take decisive action in 2019 to ensure that departments and State-owned companies (SoCs) honour their obligations to purchase designated steel products from domestic manufacturers. The organisation is also... 

Enforcing local procurement rules would help offset weak demand
Seifsa CEO Kaizer Nyatsumba reflects back on 2018 and offer insight into prospects for the metals and engineering sector n 2019. Camera Work & Editing: Nicholas Boyd

South Africa's manufacturing output jumps, boosting rand 

By: Reuters     11th December 2018 South Africa's manufacturing output rose more than expected in October to its highest level since June 2016, data showed on Tuesday, lifting the rand as the economy showed further signs of recovering from recession. Africa's most industrialised economy slipped into recession after contractions in... 

South Africa's manufacturing output jumps, boosting rand

Canada's construction steel buyers face tariff 'roulette'

By: Reuters     4th December 2018 Canadian steel buyers are racing to get construction steel into the country to claim first-come, first-serve exemptions from tariffs that were meant to stabilize the country's market in the wake of US President Donald Trump's metals tariffs. With steel prices already high, the companies that... 

EU proposes new WTO reform to safeguard dispute settlement body

By: Bloomberg     26th November 2018 The European Union (EU) unveiled a new proposal that seeks to stave off paralysis of the World Trade Organisation’s (WTO's) dispute settlement system by unblocking the appointment of its appellate body members, according to a statement Monday. The proposal has the backing of Australia, Canada,... 

Firm’s design breathes new life into industry

By: Simone Liedtke     23rd November 2018 Multidisciplinary consulting engineering firm Arup was commended for its finalist entry of the V&A Grain Silo Complex façade in the architectural category at the 2018 South African Steel Awards, held last month. The R500-million V&A Grain Silo project, once an agricultural silo for grain storage... 

Firm’s design breathes  new life into industry
CROWN JEWEL The V&A Grain Silo Complex project was once an agricultural silo for grain storage, and is now features prominently in the silo district development

Trade wars costly to long-term construction projects

By: Simone Liedtke     23rd November 2018 Owing to the global trade war in steel prices, local manufacturers, such as local steel fabricator Fabcon, are finding it difficult to quote for long-term construction projects. “The stockholding of any steel company is dramatically reduced, as companies are unwilling to hold stock for a longer... 

Trade wars costly  to long-term construction projects
ANDREW VAN GOOL Companies are unwilling to hold stock for a longer period of time

Steel construction, cladding industry demand to continue increasing

By: Simone Liedtke     23rd November 2018 The demand for steel in South Africa’s construction and cladding sector will continue to increase, owing to its myriad of applications and ease of installation, says steel gratings, stair treads, pressed floors and safety handrails manufacturer Vital Engineering technical director Glen Pringle.... 

Steel construction, cladding industry demand to continue increasing
DIVERSIFIED PRODUCT OFFERING Vital Engineering supplies various items, including stainless steel handrails, GRP products, galvanised steel gratings and stainless steel gratings

Stimulus plan, more efficient processing to promote steel construction growth

By: Simone Liedtke     23rd November 2018 With the new stimulus plan announced under President Cyril Ramaphosa’s leadership, South Africa’s economy is poised for an upturn, which will inevitably promote growth in the steel construction sector, says cutting consumables and capital equipment distributor First Cut MD Andrew Poole. “This... 

Stimulus plan, more efficient processing to promote steel construction growth
SOLUTIONS PROVIDER First Cut supplies processing solutions, which comprise its latest-generation fribelaser solutions that cut sheet steel

Signs of positive change in steel sector

By: Simone Liedtke     23rd November 2018 The drive to import certain quantities of steel has gained impetus during 2018, as a result of some doubts in the steel manufacturing industry about the ability of local mills to produce the required level of quality of certain products they require, steel processor and supplier Allied Steelrode... 

Signs of positive change in steel sector
WARNE RIPPON There has also more recently been a concerted effort made by the primary steel producer to improve its product quality

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