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Metals News

Macsteel business launched to support construction industry

By: Schalk Burger     26th January 2022 Steel products distributor Macsteel has established Macsteel Foundation Solutions, which provides customers in the construction industry with steel-based construction and innovative lateral support services and products The new business is part of the company’s strategy to reimagine and... 

Green primary iron could help South Africa offset fall in coal export revenues – study 

By: Terence Creamer     26th January 2022 Producing carbon-free primary iron in South Africa using green hydrogen direct reduced iron (GHDRI) technology could create a new globally competitive green export industry that could help offset the losses associated with the eventual decline in coal exports, a new study shows. Such exports... 

Green primary iron made in South Africa could help global steelmakers lower the cost of their decarbonisation efforts
Photo by Creamer Media
Green primary iron made in South Africa could help global steelmakers lower the cost of their decarbonisation efforts

Global steel production increased by 3.7% y/y in 2021

By: Schalk Burger     26th January 2022 World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) reached 1.95-billion tonnes in 2021 – a 3.7% year-on-year increase. China produced 1.03-billion tonnes – a 3% year-on-year decline. 

MSI assists young people with business development skills

By: Yvonne Silaule     25th January 2022 The Mpumalanga Stainless Initiative (MSI) will from next week run an entrepreneurship programme to assist young people to effectively start businesses or scale up existing small businesses into high-growth ventures, through structured entrepreneurship training. MSI is a nonprofit technology... 

AMSA’s shares rise on expected earnings rebound

By: Tasneem Bulbulia     25th January 2022 Steel producer ArcelorMittal South Africa’s (AMSA’s) share price on the JSE rose by more than 18% on January 25 after the company reported that it expects to report a significant improvement in earnings for 2021. AMSA expects to report earnings a share of between R5.80 and R6.10 for the year... 

Opinion: Steelmaking remains a key strategic industry for South Africa

21st January 2022 In this opinion article, ArcelorMittal South Africa (AMSA) stakeholder management and communications group manager Tami Didiza writes about the state of the South African steel industry, trade protection measures and AMSA's investment in its own facilities, as well as its support for the... 

Tami Didiza

Opinion: Localisation – beware unintended consequences

18th January 2022 The growing consensus that localisation is some sort of silver bullet that will solve our economic and job creation woes is misplaced, writes Duferco Steel Processing MD Ludovico Sanges, adding that localisation policy needs to be carefully calibrated to drive economic growth and not simply... 

Duferco Steel Processing MD Ludovico Sanges

Plan for decades of high commodity prices, BlackRock says

By: Bloomberg     13th January 2022 Commodities prices may stay high for decades as mining companies struggle to keep up with demand from the energy transition, according to BlackRock’s Evy Hambro. Raw materials, and shares of some companies that produce them, hit record highs last year as massive global stimulus measures... 

British Hallmarking Council sanctions Queen Elizabeth II platinum jubilee commemorative mark

By: Donna Slater     12th January 2022 With British Monarch Queen Elizabeth II expected to become the first to celebrate a Platinum Jubilee, on February 6, and the associated demand for commemorative jewellery and giftware merchandise, UK hallmarking body the British Hallmarking Council has sanctioned the design of a commemorative... 

Seifsa to focus on being voice of the industry, advancing collective bargaining

By: Marleny Arnoldi     10th January 2022 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) CEO Lucio Trentini expects this year to be as challenging as the last two years, particularly as the steel industry is in a crisis, but it is focused on formulating deliverables in terms of the Steel Master Plan. He... 

Seifsa CEO Lucio Trentini
Photo by Creamer Media's Donna Slater
Seifsa CEO Lucio Trentini

Iron-ore sees solid first week of 2022 on China demand hopes

By: Reuters     7th January 2022 Iron-ore was poised to book solid gains for the week, despite a mixed morning session in Shanghai on Friday, as traders returned from New Year holidays feeling optimistic about demand prospects in top steel producer China. The steelmaking ingredient's most-active May contract on China's Dalian... 

Hulamin full-year loss to narrow despite first-half challenges, July unrest

By: Donna Slater     14th December 2021 Aluminium semi-fabricator and supplier Hulamin reports that, despite a subdued start to the year, its headline loss a share is expected to narrow to 54c, compared with the headline loss a share of 68c reported for the 2020 financial year. Its loss a share is expected to narrow to 60c, from 75c... 

Anglo looks to green steel development as one measure to reduce Scope 3 emissions 

By: Donna Slater     13th December 2021 Efforts in the steel industry to increase the metal’s environment friendliness – a process known as “green steel” – will assist diversified miner Anglo American in reducing its Scope 3 emissions, outgoing Anglo American CE Mark Cutifani has said. Speaking during an investor day on December 10,... 

An image of Mark Cutifani
Outgoing Anglo American CE Mark Cutifani

As global steel industry mulls sustainable solutions, SA urged to ‘green’ iron-ore

By: Nadine James     10th December 2021 Producing ‘green steel’ in South Africa might be a distant dream, but exporting ‘green iron-ore’ is achievable in the medium term, says Afriforesight materials engineer and project innovation manager Dr Brandon Davoren. Amid the global trend towards sustainability and in the wake of the... 

Magazine Cover Image

EGA’s Guinea bauxite ore makes its way to Chinese minerals group

By: Marleny Arnoldi     9th December 2021 Emirates Global Aluminium (EGA) has signed a three-year agreement to supply China’s Bosai Minerals Group with bauxite ore from the Republic of Guinea. Under the agreement, EGA will supply Bosai Minerals Group with several million tonnes of bauxite ore each year, with the first shipment expected... 

Nampak's improved year-end results reflect focus on reducing risk, growing profits

By: Schalk Burger     6th December 2021 JSE-listed packaging manufacturing multinational Nampak achieved headline earnings a share of 62.3c, a 109% year-on-year increase in trading profit to R1.4-billion and a 24% increase in revenue to R14-billion for the financial year ended September 30. These numbers reflect the company's... 

Iberdrola, H2 Green Steel plan mega green hydrogen plant

By: Reuters     2nd December 2021 Global wind power group Iberdrola and Swedish startup H2 Green Steel plan to build a vast renewable hydrogen plant on the Iberian peninsula to power the production of iron used to make steel with drastically reduced carbon emissions. The European Union is pushing the development of a supply chain... 

Steel’s path to go green will cost industry up to $278bn

By: Bloomberg     1st December 2021 The world’s steel industry could eliminate its greenhouse gas emissions by 2050 through ramping up recycling, using hydrogen for fuel and capturing carbon from older plants, according to a BloombergNEF study. But getting there won’t be easy. Steel production generates an estimated 7% of global... 

Zinc anti-corrosion coatings offer long-lasting protection

By: Donna Slater     29th November 2021 Various methods of applying zinc films to steel items offer unique and long-lasting anti-corrosion benefits, according to various zinc experts who spoke during a webinar hosted by Creamer Media Contract Publishing on behalf of the International Zinc Association (IZA) on November 23. IZA... 

This year will be the last of higher steel prices for a while, says Fitch Solutions

By: Marleny Arnoldi     24th November 2021 Research agency Fitch Solutions Country Risk & Industry Research maintains its average steel price forecast for 2022 at $750/t, but has revised upward its forecast for 2021 to $950/t. The agency initially anticipated the steel price to average $920/t this year.  

Global steel production down 10.6% y/y in Oct - worldsteel

By: Schalk Burger     23rd November 2021 World crude steel production for the 64 countries reporting to industry body the World Steel Association (worldsteel) was 145.7-million tonnes in October, a 10.6% decrease compared with October 2020, the association said on November 23. Africa produced 1.4-million tonnes in October, up 24.1%... 

Second phase of plant expansion begins  

By: Claire O'Reilly     19th November 2021 Secondary steel manufacturer Veer Steel Mills has entered its second phase of expansion with the construction of a melt shop – the newest addition to its plant in Alrode, Alberton. 

Picture of Veers steel Mills alrode Plant
MELTING AWAY  A melt shop has commenced construction and will be the newest addition to Veer’s plant in Alrode, Alberton 

LSFB creates faster, more economical construction

By: Claire O'Reilly     19th November 2021 Developers, local authorities and housing associations are quickly embracing steel framing technology, such as light-steel-frame building (LSFB), says the International Zinc Association Africa Desk (IZA Africa Desk).  

Green hydrogen could compete with gray in a decade, Engie says

By: Bloomberg     17th November 2021 Green hydrogen, a clean energy source made from water and renewable power, could become competitive in a decade, according to French utility Engie. That relies on Europe setting up the necessary regulatory framework to drive up demand and slash costs, Sebastien Arbola, the company’s head of... 

SKF supporting fossil-free bearing steel through collaboration with Swedish university

By: Donna Slater     16th November 2021 Bearings, seals and lubrication systems company SKF is supporting the development of so-called fossil-free bearing steel through a collaboration with Sweden-based Luleå University of Technology’s Centre for Hydrogen Energy Systems Sweden (CH2ESS) initiative. Hydrogen is the key to a fossil-free... 

Highveld Robusteel to acquire Evraz Highveld's remaining iron, steelmaking assets

By: Simone Liedtke     12th November 2021 Highveld Robusteel will be acquiring the remaining iron and steelmaking assets of Evraz Highveld Steel & Vanadium, business rescue practitioner Piers Marsden confirmed on November 12. The transaction is the first of Robusteel’s strategic acquisitions in the steel, mining, minerals beneficiation... 

Supplier hedge against volatile market

By: Darren Parker     29th October 2021 A significant portion of steel supplier Tradecore Steel’s business stems from the Southern African Development Community (SADC) region, although the company does business in Kenya and Ghana as well. Tradecore Steel director Anthony Hoare says this has been the strategy pursued since the inception... 

Need for skills development

By: Anna Moross     29th October 2021 The need for the development of skills and further education in the road industry is imperative, says South African Road Federation (SARF) operations director Basil Jonsson.  

An image of Basil Jonsson, the operations director for the SARF
BASIL JONSSON South Africa has lost many skilled civil engineers over the past decade, which has left a skills gap

Production set to grow

22nd October 2021 Global stainless steel production is expected to grow to 54-million tons in 2021 with an improvement in economic activity and stainless steelmaking capacity in parallel, especially in Indonesia, which is forecast to have a greater output than many developed nations, according to a report released... 

Company first stainless steel producer to earn certification

22nd October 2021 Stainless steel producer Aperam’s Stainless Europe operations in September were successfully certified to be operating at the ResponsibleSteel Standard by independent auditors the Association Française de Normalisation (AFNOR). The ResponsibleSteel initiative is the first global sustainability... 

Association supports resilient industry through master plan

By: Cameron Mackay     22nd October 2021 Despite the impact of Covid-19 and a weak economy, the local stainless steel sector has shown its resilience, as the South African Stainless Steel Development Association (Sassda) continues to support industry through initiatives such as the Steel Master Plan. “When the Steel Master Plan was... 

Image of a stainless steel production process
LOCALISATION FOCUS Cocal companies have had challenges sourcing products from abroad, emphasising the need for localising the manufacturing of stainless steel products

Suppliers vital to supply chain

By: Cameron Mackay     22nd October 2021 The current shortages of raw materials, which are required for stainless steel fabrication, have highlighted how stainless steel raw material suppliers are vital for the company’s supply chain and economical efficiencies, says water-jet cutting service provider MAXJET director Preeshan Naidoo.... 

Image of Shanghai financial centre, Physical Vapor Deposition stainless steel in rose gold
ALLEVIATING CONSTRAINTS Naidoo argues that during these challenging times, companies particularly in stainless steel need to better analyse markets, trends and deliverables

Company offers diverse conveyor chains

22nd October 2021 Engineering solutions provider BMG’s comprehensive range of power transmission components incorporates chain manufacturer ZMC industrial conveyor chains, which offer dependable service in diverse applications, especially for use in food production. BMG product manager Gavin Kirsten explains that... 

Image of a ZMC chain for bakeries
FOOD-GRADE SOLUTIONS BMG’s specialists advise customers at food and beverage plants to only invest in conveyor components manufactured in food-compliant materials - like stainless steel

Range for maintenance extended to Zambia

22nd October 2021 Industrial products provider BMG has extended its integrated engineering solutions services in Zambia to include the supply and support of a comprehensive range of personal protection equipment (PPE). The range includes BMG’s advanced welding systems, designed to create a healthy, clean and safe... 

PPE plan crucial to employee safety

22nd October 2021 Hi-tech protective clothing manufacturer Charnaud stresses that the safety of all employees depends on the creation and strict implementation of a personal protective equipment (PPE) plan. Elaborating on how to create a PPE management plan and put it into action, the company stresses that... 

A Charnaud stand at an event with Hazmat suits, Reflective clothing, corporate clothing, gloves, goggles and boots
ALL THE RANGE The range of Charnaud's PPE offerings should be incorporated into a company's PPE management plan

Neasa recommends its members implement 5% increase for nonstriking workers

By: Marleny Arnoldi     20th October 2021 The National Employers’ Association of South Africa (Neasa) has recommended that its members in the metal and engineering sector implement a 5% increase, across the board, for employees who are not currently on strike. Although the association’s recommendation is not binding on employer... 

Seifsa urges members to implement final offer for employees

By: Marleny Arnoldi     19th October 2021 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has strongly suggested that affiliated member companies start implementing a new, final wage offer proposed by the federation earlier this week. Seifsa decided to endorse an improved offer to metalworker unions, in... 

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