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Carbon Steel News

Distributors play key role in materia's development

By: elizabeth rebelo     15th October 2004 Distributors play a key role in the development of stainless steel in South Africa and are at the forefront of promoting the metal in the local market. 

New plant for service centre

By: elizabeth rebelo     15th October 2004 Stainless-steel engineering service centre, Plasma Cut, has received new equipment to the value of R2,5-million. 

Stainless-steel electrode advance tested

By: elizabeth rebelo     15th October 2004 Welding, cutting and gases company Afrox has launched a new product that was developed in cooperation with petrochemicals giant Sasol. 

SA firm to supply vessels to Angola cooking-oil plant

By: elizabeth rebelo     15th October 2004 Johannesburg-based Interfab has been awarded a R5-million export contract to supply stainless-steel vessels for a plant making edible oils in Luanda, Angola. 

Steel industry to respond to zero-duty proposal

By: Terence Creamer     15th October 2004 The carbon and stainless-steel industry is planning to respond to the Government Gazette notice issued by the International Trade Administration Commission of South Africa (Itac), which states that it will review the customs duty structure for primary steel and stainless steel. 

Ispat Iscor signs multimillion rand outsourcing deal

12th October 2004 Steel producer Ispat Iscor recently signed a three-year network outsourcing contract with information technology services provider Dimension Data. 

Concern over medical benefits for retired steel workers

12th October 2004 A trade union claims that as many as 4 000 former Ispat Iscor employees could lose their medical benefits, after the company announced that it is to shift its employees from its current medical aid fund, Protector Health. 

SA steel prices set to rise again in November

8th October 2004 Steel producer Ispat Iscor announced in September that it would adjust domestic prices on certain steel products by between 2,5% and 8% effective from November 2004 – in line with international price movements. 

Ispat Iscor to grow output by 2-million tons by 2008

By: Martin Czernowalow     28th September 2004 South African steel giant Ispat Iscor revealed yesterday that it plans to up output by two-million tons a year during the next three years, through various debottlenecking projects and investments. 

There will be a smelter at Coega – IDC

By: Martin Czernowalow     24th September 2004 The Coega aluminium smelter will go ahead, South Africa’s State-owned Industrial Development Corporation (IDC) said last week, confirming that talks with potential investors are still under way. 

DTI-LNM talks proceeding 'constructively'

By: Martin Czernowalow     21st September 2004 Talks on a new domestic steel-pricing model, between the government of South African and global steel group LNM Holdings, have so far been “constructive” and a deal could be expected before the end of this year, a government official told Engineering News Online yesterday. 

There will be a smelter at Coega - IDC

By: Martin Czernowalow     17th September 2004 The Coega aluminium smelter will go ahead, South Africa's State-owned Industrial Development Corporation (IDC) said yesterday, confirming that talks with potential investors are still under way. 

Ispat Iscor announces further steel price hikes

10th September 2004 South African steel producer Ispat Iscor yesterday announced that it would adjust domestic prices on certain steel products by between 2,5% and 8%, effective from November 2004 - in line with international price movements - and in addition to domestic price increases for hot-rolled coil and... 

Hint of a possible LNM-MacSteel link-up

By: Terence Creamer     3rd September 2004 The head of South Africa’s leading steel producer, Ispat Iscor, pricked the ears of the entire industry recently when he hinted to a possible link-up between MacSteel International and Lakshmi Mittal’s LNM Group. 

Steel group pursues value-addition projects

By: Terence Creamer     3rd September 2004 Beyond seeking about a million tons additional output from its existing operations, steel group Ispat Iscor has revealed that it will be pursuing a host of value-addition projects in the coming months as well as further backward-integration, particularly in the area of coal. 

Ispat Iscor to contest Solidarity's legal action

3rd September 2004 South African steel producer Ispat Iscor yesterday confirmed that it had been served with court papers by the Solidarity trade union and that the company would file opposing papers on the matter in due course. 

Cape chamber adds voice to steel-price fight

By: Martin Czernowalow     1st September 2004 The Cape Town Regional Chamber of Commerce has added its voice to the complaints about Ispat Iscor's domestic steel pricing, saying that companies in the Western Cape are being charged for nonexistent transport costs. 

Ispat Iscor denies being served by Solidarity

By: Martin Czernowalow     27th August 2004 The scrap between Solidarity trade union and South African steel producer Ispat Iscor continued yesterday, with the two even failing to agree on whether the labour organisation actually served legal papers on the company. 

Union squares up for legal action against Ispat Iscor

By: Martin Czernowalow     26th August 2004 The Solidarity trade union has indicated that it will most likely launch a legal challenge against Ispat Iscor’s plans to retrench thousands of workers, after the South African steel producer retreated from an agreed moratorium on job cuts. 

Union threatens ‘aggressive’ action against Ispat Iscor

By: Martin Czernowalow     25th August 2004 Solidarity trade union will take “aggressive” action against steel producer Ispat Iscor following an alleged breach of agreement by the company, the union told Engineering News Online yesterday. 

HBI association gains new members

18th August 2004 The Hot Briquetted Iron Association (HBIA) has determined that its producer members have successfully shipped over 31-million tons of HBI without incident during their operating life, the association said this week. 

The strong rand reduces revenue

By: elizabeth rebelo     6th August 2004 The revenue of the local stainless-steel tank container industry is decreasing significantly due to the strong rand. 

Steel group and union at loggerheads again

5th August 2004 The biggest trade union at steel producer Iscor said yesterday that it had to go back to the drawing board after Iscor withdrew an offer that included a three-year moratorium on retrenchments. 

DTI seeks new steel pricing model

By: Terence Creamer     2nd August 2004 The South African government says it will, in the next few weeks, begin detailed talks with leadership at the world’s second-largest steel producer, LNM, to flesh out an earlier ‘in-principle’ agreement calling for the creation of a new steel-pricing model. 

New Steel Deal

By: Terence Creamer     30th July 2004 The South African government says it will, in the next few weeks, begin detailed talks with leadership at the world’s second-largest steel producer, LNM, to flesh out an earlier ‘in-principle’ agreement calling for the creation of a new steel-pricing model. 

Iscor’s tweaks price-setting formula

23rd July 2004 South Africa’s leading steel producer, Iscor, has confirmed an adjustment to its pricing formula for flat steel. 

Local steel giant to be renamed

16th July 2004 South Africa’s largest steel producer, Iscor, has announced that it will change its name to Ispat Iscor. 

Global steel-price unease

By: Terence Creamer     16th July 2004 There must have been a strong sense of irony when government officials from major steel-producing economies convened for the seventh the Organisation for Economic Cooperation and Development (OECD) meeting on steel at in Paris, France, recently. 

We bring global market intelligence – Mittal

By: Terence Creamer     9th July 2004 The head of LNM, the world’s second-largest steel producer, believes the new Ispat Iscor is set to gain appreciably from LNM’s global market intelligence and marketing power. 

Union prepares for strike at Iscor

9th July 2004 While two unions are currently considering South African steel giant Iscor’s latest wage offer, the Solidarity trade union said today it was preparing to embark on strike action. 

Steel price fight to continue next month

By: Martin Czernowalow     8th July 2004 South African gold miners Harmony and Durban Roodepoort Deep (DRD) are expected to file responding affidavits to the Competition Tribunal on August 13, as the companies pursue a case of excessive pricing and abuse of dominance against steel giant Iscor. 

Jo'burg firm awarded Iscor switchgear contract

1st July 2004 Johannesburg-based RBF Technology was recently awarded three separate orders for the manufacture and supply of motor control centres (MCC) and PLC panels for Iscor’s blast furnace ‘D’ upgrade. 

Still more steel growth to be had for Iscor in SA – LNM

By: Terence Creamer     30th June 2004 The head of the world’s second-largest steel producer Lakshmi Mittal yesterday recommitted his LNM Group to support efforts by Iscor – in which LNM now has more than a 50% stake – to a growth strategy involving productivity-led capacity increases, brownfield expansions and... 

Iron-ore production at record levels

21st June 2004 China continued to be the engine of world iron-ore demand in 2003, and, with Chinese crude steel output reaching over 220-million tons, its import demand for iron-ore grew by 33%, said the United Nations Conference on Trade and Development in its annual iron-ore market review. 

Iscor announces organisational changes

18th June 2004 South African steel giant Iscor yesterday announced that the company's board of directors has appointed Martin Van Wijngaarden, currently Iscor's chief operating officer, as the deputy chief executive officer, effective July 1. 

Iscor’s Saldanha Steel mill resumes production

16th June 2004 South African steel giant Iscor's Saldanha Steel mill, on South Africa's west coast, has resumed normal operations on schedule, following repairs to the mill's steel-making furnace, known as the Conarc. 

Iscor-Numsa wage negotiations deadlock

By: Martin Czernowalow     16th June 2004 The National Union of Metalworkers of South Africa (Numsa) yesterday accused steel giant Iscor of being ‘recalcitrant’, after the first round of wage talks between the two stalled at the beginning of this week. 

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