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Carbon Steel News

Vale to shutter Mozambique coal operations for three months 

By: , Bloomberg     27th November 2019 Vale, the Brazilian mining giant, plans to place its Mozambican coal operations on maintenance for three months, essentially closing the tap on about one-third of the southeast African country’s export earnings. The move could have severe implications for the country’s balance of payments and... 

Crude steel output slumps globally in October

By: Marleny Arnoldi     26th November 2019 Global crude steel production decreased by 2.8% year-on-year in October to 151-million tonnes. World Steel Association reported on Tuesday that China’s production was 0.6% lower year-on-year at 81.5-million tonnes, while India’s production was 3.4% lower year-on-year at 9.1-million tonnes. 

Climate risk widely acknowledged, but rarely incorporated into strategy  

By: Marleny Arnoldi     25th November 2019 The Centre for Environmental Rights (CER) says that although the majority of South African corporate companies recognise climate change as an already occurring and imminently worsening risk, they are slow to mitigate and manage these risks, at least according to publicly accessible information.... 

Newcastle mill now firmly in ArcelorMittal South Africa’s restructuring crosshairs 

By: Terence Creamer     25th November 2019 The focus of steel producer ArcelorMittal South Africa’s (AMSA’s) strategic asset footprint review has shifted to its Newcastle mill, in KwaZulu-Natal, following the completion of the first phase of the review, which resulted in a decision to close the Saldanha Steel operation in the Western... 

Newcastle mill now firmly in ArcelorMittal South Africa’s restructuring crosshairs
Vanderbijlpark, pictured, may become AMSA's only liquid-steel producer should company decide to halt Newcastle production

Anglo American joins ResponsibleSteel initiative 

By: Creamer Media Reporter      25th November 2019 Diversified miner Anglo American has become a member of ResponsibleSteel, a nonprofit organisation and the steel industry's first global, multi-stakeholder standard and certification programme. ResponsibleSteel covers the entire steel supply chain, from raw material supply through steel... 

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

Industry boasts third positive year despite global downturn

By: Halima Frost     22nd November 2019 Steel and Engineering Industries Federation of Southern Africa (Seifsa) chief economist and commercial executive Dr Michael Ade says the local metals and engineering (M&E) industry has thus far had a third ‘good year’ in a row. This is in spite of the current challenge of increasing intermediate... 

Industry boasts third positive year despite global downturn
BRIGHT FUTURE Improved trade to to the Southern African Development Community brings with it a positive outlook for the steel construction industry

Iron-ore futures reverse losses as steel prices extend gains

By: Reuters     19th November 2019 Chinese iron ore futures recouped early losses to extend their rally into a sixth straight session on Tuesday as steel prices stretched gains amid shrinking inventories and possible fresh output restrictions to curb air pollution. Dalian Commodity Exchange's most-traded iron ore contract , with... 

Shanghai rebar extends rally as steel margins recover

By: Reuters     18th November 2019 Rebar futures in China rose for a fifth consecutive session on Monday amid improving steel margins in the world's top producer of the construction and manufacturing material. The Shanghai Futures Exchange's most-traded contract for the construction material, for delivery in January 2020, ended... 

Fuel for rockets, Zeppelins points toward green heat solution 

By: , Bloomberg     18th November 2019 It’s the most nettlesome problem in the quest to ditch fossil fuels: how can you get thousand-degree heat used in factory furnaces without pumping billions of tons of greenhouse gases into the atmosphere? Heat-intensive processes like steelmaking and oil refineries are the starting point for... 

Fuel for rockets, Zeppelins points toward green heat solution
The Enel Fusina hydrogen plant near Venice, Italy.

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

Failing cities stymie South African bid to revive growth

By: , Bloomberg     14th November 2019 South African municipalities’ inability to provide consistent power is exacerbating supply disruptions by the debt-stricken state electricity utility, hobbling efforts to revive the nation’s economy. While State-owned Eskom Holdings has subjected the country to controlled, timed blackouts... 

Anglo upbeat on bulk commodities performance; Kumba cuts sales guidance 

By: Simone Liedtke     12th November 2019 Following ArcelorMittal South Africa’s (AMSA’s) decision to wind down its steel operations at Saldanha Works, in the Western Cape, Kumba Iron Ore has reduced its iron-ore sales guidance for the full year to between 41.5-million and 42.5-million tonnes. Initial guidance was set at between... 

AMSA to put Saldanha Works on care and maintenance

By: Tasneem Bulbulia     11th November 2019 Steel producer ArcelorMittal South Africa (AMSA) has decided to undertake an orderly and commercial wind-down of steel operations at its Saldanha Works, with the intent to place the operation on care and maintenance. This follows the completion of the first phase of a review of the operational... 

AMSA to put Saldanha Works on care and maintenance

AMSA's liquid steel production down 18% in September quarter

By: Creamer Media Reporter      7th November 2019 Steel producer ArcelorMittal South Africa's (AMSA's) liquid steel production decreased by 18.2% year-on-year to 1.06-million tonnes in the quarter ended September 30, mainly as a result of planned production curtailments to adjust volumes to lower demand. AMSA's capacity utilisation was 65% in... 

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... 

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... 

Correct use of consumables makes a good weld

By: Halima Frost     25th October 2019 Branded welding supplier Unique Welding has significantly upgraded its range of stainless steel consumables to improve weld performance to combat a market flooded with low-quality imported stainless steel welding consumables, Unique Welding CEO Nazmi Adams tells Engineering News. In addition,... 

Correct use of consumables makes  a good weld
IMPORTANT ROLE The welding of stainless steel can be successfully achieved if the welder adheres to the industry rules and standards

Medium-term investment buoying stainless steel industry

By: Halima Frost     25th October 2019 Despite a marked downturn in the global stainless steel industry, there are a few medium-term developments on the horizon for Southern Africa, notes research institute Afriforesight Commodities chief commodity economist Nathan Musson. “There are glimmers of hope in terms of investment in Southern... 

Medium-term investment buoying stainless steel industry
SPARKING INTEREST The stainless steel albeit somewhat stagnant offers a few sparks of investment interest

New membership structure set for stainless steel sector

By: Halima Frost     25th October 2019 The Southern Africa Stainless Steel Development Association (Sassda) is at a turning point in its history as it gears up for the future with the introduction of a new tiered membership model that will launch in March 2020, says Sassda acting executive director Michel Basson. As opposed to a... 

New membership structure  set for stainless steel sector
HOT TOPIC The restructuring of Sassda’s membership model aligns each member based on individual needs

Trio makes for steely supply

By: Halima Frost     25th October 2019 Three of South Africa’s most prominent companies in the stainless steel supply chain are completing a substantial supply to a gold mine in the Southern African Development Community. The project entails the supply of 250 t of grade 2304 stainless steel for the manufacture of ten tanks – the... 

Trio makes for  steely supply
RECOIL The knock-on effects of local supply were seen across the project in costs and time saved

Labour department to host iron, steel indaba

By: African News Agency      23rd October 2019 The Department of Employment and Labour said on Wednesday it would this week host an iron and steel forum in Durban to reflect on the progress made since the signing of an accord on occupational health and safety in 2013. In a statement, it said the meeting would focus on regulations and... 

2019 Steel Awards showcases greater diversity

By: Simone Liedtke     11th October 2019 The South African Institute of Steel Construction (Saisc) Steel Awards attracted not only a record number of entries and sponsors this year, but also greater diversity, CEO Paolo Trinchero says. He points out that this year’s entries encompass a wider range of stakeholders in the greater built... 

Incoming top EU climate official pledges to tax polluting imports

By: Reuters     9th October 2019 The European Union (EU) will start work immediately on a tax on polluting foreign firms to shelter EU businesses striving to meet a goal to be climate neutral by 2050, the senior official set to take responsibility for climate in the new European Commission said on Tuesday. Frans Timmermans, who... 

Japan Oct-Dec crude steel output forecast to slip

By: Reuters     8th October 2019 Japan's output of crude steel in the October-December quarter is forecast to fall 0.1% from a year earlier as trade tensions and uncertainty over China's economy curb exports, the Ministry of Economy, Trade and Industry (METI) said on Tuesday. Crude steel output is estimated at 25.69 million... 

Outlook for wind energy in SA improving, despite headwinds

By: Terence Creamer     4th October 2019 After stalling last year, global renewable energy capacity additions are expected to recover strongly in 2019, supported by a solid rebound in onshore wind deployments and ongoing solar photovoltaic (PV) growth. The International Energy Agency (IEA) expects almost 200 GW of renewables capacity to... 

Outlook for wind energy in SA improving, despite headwinds

Robor goes into liquidation 

By: Creamer Media Reporter      2nd October 2019 Steel tube and pipe manufacturer Robor has been placed into voluntary liquidation. Investment holding company Tiso Blackstar, which owns 47.61% of Robor, on Wednesday reported that the decline of the South African economy over the past three years, the margin-eroding effect of cheaper Chinese... 

Robor goes into liquidation

WTO slashes forecast for trade growth as conflicts mount

By: Reuters     1st October 2019 The World Trade Organization (WTO) cut its forecast for growth in global trade this year by more than half on Tuesday and said further rounds of tariffs and retaliation, a slowing economy and a disorderly Brexit could squeeze it even more. The WTO said it now expected global merchandise trade to... 

WTO slashes forecast for trade growth as conflicts mount
Photo by Reuters
WTO director-general Roberto Azevedo

Transnet reports dramatic rise in irregular expenditure to R49bn  

By: Terence Creamer     30th September 2019 State-owned freight logistics utility Transnet received yet another qualified audit for its 2018/19 financial year and also announced a dramatic rise in irregular expenditure to R49-billion, after locomotive contracts valued at R41.5-billion where added to the figure, which stood at R8-billion at... 

Transnet reports dramatic rise in irregular expenditure to R49bn
Transnet acting CEO Mohammed Mahomedy outlines the reason for the group receiving yet another qualified audit during the 2018/19 financial year, as well as the dramatic rise in irregular expenditure to R49-billion. Camerawork and editing: Darlene Creamer 30.9.2019

Global steel output rises 3.4% y/y in August  

By: Marleny Arnoldi     26th September 2019 World crude steel production was 156-million tonnes in August, which was a 3.4% increase compared with August last year. Global industry organisation, the World Steel Association (worldsteel), reports that China produced 87.3-million tonnes of crude steel in August, which was a 9.3%... 

AMSA to undertake strategic asset review 

By: Creamer Media Reporter      25th September 2019 Steel producer ArcelorMittal South Africa on Wednesday announced that it would review the operational and financial sustainability of certain of its major operating sites, individual plants and production areas. The review would, however, exclude its commercial market coke operations and would... 

AMSA to undertake strategic asset review

India's steel industry wants 25% duty placed on imports -JSW Steel exec

By: Reuters     23rd September 2019 India's steel industry wants a 25% safeguard duty placed on all steel imports as steel products sourced from countries with whom India has a free trade agreement (FTA) have risen substantially, a senior executive from JSW Steel said on Monday. "India's imports from FTA partners rose 77% (in the... 

One battery material sector is cheering for lower prices

By: , Bloomberg     19th September 2019 Lower prices of vanadium, a metal mainly known for strengthening steel, are key in the drive to increase its use in the booming battery sector, according to the developer of an Australian mine. The metal’s retreat from a price spike in 2018 is being welcomed – rather than lamented – by producers... 

One battery material sector is cheering for lower prices

Govt looking to create 'certainty' in local steel, manufacturing industries 

By: Simone Liedtke     13th September 2019 Public Enterprises Deputy Minister Phumulo Masualle on Friday said the Department of Public Enterprises (DPE) was looking to create “a sense of certainty” in the local steel and manufacturing industries by leveraging investments from State-owned entities (SOEs). This, he told delegates at the... 

Govt looking to create 'certainty' in local steel, manufacturing industries
Public Enterprises Deputy Minister Phumulo Masualle discusses measures being implemented by government to create more certainty for the domestic steel and manufacturing sectors. Video: Kutlwano Matlala; Editing: Nicholas Boyd.

4IR, AfCFTA to 'reshape' South African business, says Patel 

By: Simone Liedtke     13th September 2019 South Africa’s steel industry will need a Steel 4.0 plan to adequately harness and respond to the pressures presented by the Fourth Industrial Revolution (4IR), Trade and Industry Minister Ebrahim Patel said at the Metals and Engineering Indaba, in Sandton, on Friday. He explained that the... 

Master plans needed to expand productive South African sectors – Patel  

By: Simone Liedtke     13th September 2019 To grow South Africa’s economy and expand its productive sectors, master plans will need to be developed for each of those sectors, Trade and Industry Minister Ebrahim Patel said on Friday. Speaking on the second day of the Metals and Engineering Indaba, in Sandton, on Friday, the Minister... 

Master plans needed to expand productive South African sectors – Patel
Trade and Industry Minister Ebrahim Patel discusses some of government's initiatives in rebuilding the South African economy, alongside the steel and manufacturing sectors, at the fifth iteration of the Metals and Engineering Indaba, in Sandton. Video: Kutlwano Matlala; Editing Nicholas Boyd.

Partnership provides value to fabrication industry

By: Theresa Bhowan     13th September 2019 Local nitrogen generator manufacturer NitraLife’s partnership with Swiss steel processing original-equipment manufacturer Bystronic is adding significant value to end-user customers in the fabrication sector. 

Partnership provides value to fabrication industry
NITROGEN GENERATION The NitraCut system was specifically designed for the laser cutting market
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