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Metals & Engineering News

Selloff in iron-ore to rubber in China as US trade war widens

By: Reuters 19th June 2018 Prices of commodities from iron ore to rubber tumbled in China on Tuesday, with investor sentiment shaken by an intensifying trade war between Beijing and Washington that could hurt the world's No. 2 economy. The selloff also hit steel, copper, cotton and palm oil, as Chinese investors returned... →

Thyssenkrupp boards working hard to get Tata Steel deal-staff memo

By: Reuters 18th June 2018 Thyssenkrupp needs to quickly clinch a deal for a planned European steel joint venture with Tata Steel, its chief executive said in an internal letter, adding this was necessary to determine the group's long-term strategy. "Therefore we are in close consultations with the supervisory board,"... →

Company hits 500 mark in sales

By: Halima Frost 15th June 2018 Over the past 23 years, industrial services company The Dickinson Group has sold more than 500 specialised stud welding machines, says company refractory anchor division manager Miles Simpson. The machines were provided by Germany-based welding machine suppliers Soyer and UK-based welding... →

MULTIFUNCTIONAL STUD WELDER A Soyer BMH-22i characterised by its invariably high welding capacity.

Improved quality and productivity reduce production costs

15th June 2018 As the leading supplier of gases and welding equipment and machinery in sub-Saharan Africa, industrial gases company Afrox continues to provide innovative welding solutions to the Southern African market by introducing new products and technology. The latest of these is welding equipment... →

MULTIPURPOSE PIPE WELDING SOLUTION Miller Electric’s PipeWorx process improves quality and productivity

Industry body assumes consultancy role in DHET initiative

By: Halima Frost 15th June 2018 The Southern African Institute of Welding (SAIW) has been appointed by the Department of Higher Education and Training (DHET) to act as the consultants in the welding aspect of the Centres of Specialisation Programme. Higher Education and Training Minister Naledi Pandor outlined in March that the... →

SEAN BLAKE A good skills set, local labor and governments investment are what is needed

Supplier outlines simple welding equipment compliance test

By: Halima Frost 15th June 2018 Power tool and hardware wholesaler Matus has introduced a two-year guarantee on all its Matweld welding machines, which contrasts with the industry norm of one year. “The testing of our Matweld range is done in compliance with ISO standards and we take pride in the fact that we can offer the... →

ALL IN ONE UNIT 500 A Inverter MIG welder supplied by Matweld complete with a separate wire feeder

Understanding weld standards crucial to the welding industry

By: Halima Frost 15th June 2018 To ensure quality in the welding industry, pipes supplier Marley Pipe Systems product specialist Ian Venter says it is important to not only use the standards required in welding but also understand them. Delivering a keynote address at the Thermoplastic Welding Technology Day, hosted by industry... →

CONFORMING PIPE SYSTEMS Marley Pipes Systems SA supplies the well known international Frialen brand.

Technology at the fore

By: Halima Frost 15th June 2018 Various speakers discussed new technologies and applications in the thermoplastic welding industry at the Thermoplastics Welding Technology Day, hosted by industry body Plastics SA last month. The discussions ranged from single-user welding technology to new applications (apps) revolutionising... →

PRODUCTS ON DISPLAY The new Hurner Smartline butt welding machine and clamp was on show

WTO deputy chief advises EU caution in response to US tariffs

By: Reuters 14th June 2018 There is no basis in World Trade Organisation rules for US tariffs on steel and aluminium, but the European Union should proceed cautiously when responding to the measures, WTO deputy director-general, Karl Brauner, told a German magazine. "I see no basis in WTO law for the tariffs imposed by the... →

South African company develops new generation field kitchens for army

By: Rebecca Campbell 13th June 2018 South African company Desert Wolf has started Phase 2 of its contract to design, manufacture and deliver stainless steel diesel-fired field kitchens to the South African National Defence Force, ordered under Project Teamster. The company only uses stainless steel to make its trailers. “During... →

Photo by Desert Wolf
One of the new Desert Wolf field kitchens for the South African Army

Govt commits to saving jobs in steel industry

By: African News Agency 13th June 2018 The South African government said on Tuesday that it will continue to work with the steel industry towards averting job losses in the sector, adding that it has put in place measures to save the steel industry from collapsing. This emerged when officials from the Department of Trade and Industry... →

Barloworld concludes sale of Iberian Equipment operations

By: Anine Kilian 12th June 2018 The sale of JSE-listed Barloworld’s lossmaking Iberian Equipment operations to Italian group for R2.18-billion has closed. “The closing of the sale of Iberia is the first milestone in redeploying the group’s capital,” the company said in a statement on Tuesday. →

China's Tsingshan mulls $1bn steel plant in Zimbabwe

By: Reuters 12th June 2018 China's unlisted Tsingshan Holding Group on Monday signed a $1-billion outline agreement with Zimbabwe to build a steelmaking plant there after completing a feasibility study. President Emmerson Mnangagwa's government is trying to woo foreign investors, especially in mining, as part of efforts to... →

IMF's Lagarde says global economic outlook darkening by the day

By: Reuters 12th June 2018 International Monetary Fund (IMF) chief Christine Lagarde led an attack by global economic organisations on US President Donald Trump's "America First" trade policy on Monday, warning that clouds over the global economy "are getting darker by the day". Trump backed out of a joint communique... →

Photo by Reuters
IMF MD Christine Lagarde

Germany sees no quick solution to trade row with US, open to talks

By: Reuters 11th June 2018 Germany sees no immediate solution to the trade dispute between the United States and other major economies but remains open to talks "among friends", Economy Minister Peter Altmaier said on Monday, seeking to head off a full-blown global trade war. US President Donald Trump backed out of a joint... →

Decline in machine tools indicative of manufacturing state

By: Halima Frost 8th June 2018 Although machine tools are the backbone of most industries, their market volume has decreased by 30% a year in the past three years, reflecting the state of the manufacturing sector, says Machine Tool Merchants Association (MTMA) chairperson Paul Savides. “It seems as if we are already 20% down... →

MACHINES ON DISPLAY Machine tools on display at the Machine Tool Africa Expo hosted by MTMA

Supplier expanding its tools range

By: Halima Frost 8th June 2018 Machine Tool and Metrology equipment supplier WD Hearn will exclusively distribute and service coordinated measuring machines (CMM) from LK Metrology – formerly known as Nikon Metrology. WD Hearn have also been appointed sole agents for ANCA CNC Machines in South Africa who manufacture CNC Tool &... →

RECENT RELEASE The Leadwell BC-600 5-axis Long Table Machining, is available in 3+2 and 5-axis simultaneous configurations

Technology revolutionises machine tools industry

By: Halima Frost 8th June 2018 Additive manufacturing, which includes the use of three-dimensional and computer-aided-design to make stronger and more reliable components for the machine tool industry, has revolutionised the machine tool industry, says machine tools supplier Reliable Technical Consultants (Retecon). Retecon... →

S Africa must maintain cost-competitive sector

By: Jessica Oosthuizen 8th June 2018 It is vital for South Africa to maintain a manufacturing sector that is internationally cost competitive and can produce quality end-products, says Germiston-based material transfer solutions provider Weba Chute Systems MD Mark Baller. “The manufacturing industry has been under a lot of... →

LATEST TECHNOLOGY Weba Chute Systems uses the latest techniques and technologies to ensure optimum accuracy during the design and engineering phases, which also facilitate improved efficiencies

Small machines with big capabilities

By: Halima Frost 8th June 2018 Global machine tool supplier Hurco’s BX40i double-column, bridge-type machine, originally launched in 2016, has been upgraded to service a variety of trades, from general manufacturing to highly specialised industries such as the aerospace sector. The stability of the double-column design and the... →

STABILITY PROVIDING ACCURACY The BX40i meets the needs of any high-speed machining application.

Laser machine in full production at fabrication company

By: Halima Frost 8th June 2018 Machine tool supplier Puma Machine Tools completed the supply of its high-end laser profile JinFangYuan (JFY) 4020 machine to a Wadeville metals fabrication company last month. The machine, with a Trumpf TruDisk 3001 laser source, will be used to cut processing plates for the manufacturing of... →

Tribunal confirms R40m settlement agreement with Cape Gate

By: Simone Liedtke 7th June 2018 The Competition Tribunal has confirmed a R40-million settlement agreement with wire and steel manufacturer Cape Gate, following the company’s admission of price fixing, dividing markets and collusive tendering in respect of lightly galvanised wire, nails, wire and various wire products. The... →

LME says plans to launch about 15 new contracts in January 2019

By: Reuters 7th June 2018 The London Metal Exchange (LME) plans to launch around 15 new contracts from next January, including cash-settled cobalt and hot-rolled coil steel contracts, an executive said on Wednesday. "We will put in place the technical capabilities by November and then we'll launch them from January,"... →

Solidarity launches four-pronged steel industry initiative amid global steel crisis

By: Schalk Burger 5th June 2018 Trade union Solidarity on Tuesday launched a four-pronged initiative to address and mitigate the impacts of the global steel crisis on local steel producers in an attempt to save jobs and local manufacturing capacity. Solidarity deputy general secretary for metals engineering Marius Croucamp... →

The old Evraz Highveld Steel and Vanadium plant in eMalahleni

EU initiates WTO case against US steel, aluminium tariffs – WTO official

By: Reuters 1st June 2018 The European Union on Friday submitted a request for consultations with the United States on steel and aluminium tariffs announced by Washington, a first step in the WTO dispute settlement process, a World Trade Organization official said. "The WTO Secretariat has received the EU request for... →

US tariffs cause global trade uncertainty in steel sector

By: Erin Steenhoff-Snethlage 1st June 2018 The stainless steel sector is currently experiencing global trade uncertainty, owing to trade barriers being considered globally, as a result of the US duties on steel and aluminium, says Middleburg-based stainless steel producer Columbus Stainless CEO Lucien Matthews. The US duties include a 25%... →

Photo by Dylan Slater
JUST COLLATERAL The South African stainless steel industry is collateral in the trade wars initiated by the US

Water pipes, electric vehicles potential growth markets for stainless steel

By: Erin Steenhoff-Snethlage 1st June 2018 The South African stainless steel sector can benefit from the rise in electric vehicles and the replacement of water pipes, says Southern Africa Stainless Steel Development Association executive director John Tarboton. “Getting stainless steel water pipes into the water system has been a big... →

Sector recovery affords new opportunities for banding company

By: Erin Steenhoff-Snethlage 1st June 2018 Stable growth in the electricity sector will likely have a positive effect on sales, says Jet Park-based stainless steel banding company Banding and Identification Solutions South Africa (Bisa) sales director Rosa Dos Remendos. “This is positive, as the sector is a major market for our stainless... →

BUCKLING UP Bisa stainless steel products can be used for a variety of projects and are suitable for niche markets

South African steel companies urged to diversify markets in wake of US tariff setback

By: Kim Cloete 31st May 2018 South African steel companies need to continue to look for new markets, particularly in Africa, following the recent setback in which the US government decided not to grant South Africa an exemption on steel and aluminum tariffs, says Economic Development Minister Ebrahim Patel. “We will need to... →

Economic Development Minister Ebrahim Patel

Europe will give determined response to any US tariffs – Merkel

By: Reuters 31st May 2018 German Chancellor Angela Merkel said on Thursday that the European Union would give a "smart, determined and jointly agreed" response if the United States decides to impose tariffs on European steel and aluminum imports. "We don't know the decision yet but if tariffs were to be imposed, then we... →

Cape Town Iron and Steel Works officially opened

By: Kim Cloete 30th May 2018 The Cape Town Iron and Steel Works (Cisco) plant has been officially opened in Kuils River, near Cape Town. The plant has created 300 direct and another 120 indirect jobs, with another 200 in the pipeline. Established originally in 1967, the factory was closed by Murray & Roberts (M&R) in 2010,... →

Economic Development Minister and DHT president Dagistan Turanli at the Cisco plant opening

Macron calls for complete overhaul of world trade rules, WTO reform

By: Reuters 30th May 2018 French President Emmanuel Macron urged the world's biggest economic powers to start talks to reform the World Trade Organization (WTO) to prevent current tensions from spiralling into trade wars. "This is about a complete update of global competition rules," Macron said in a speech on... →

Patel to reopen Cape Town Iron and Steel Works plant

By: Marleny Arnoldi 29th May 2018 Economic Development Minister Ebrahim Patel will on Wednesday officially reopen the Cape Town Iron and Steel Works plant (Cisco), in Kuils River, in the Western Cape. →

Economic Development Minister Ebrahim Patel

Manufacturing sector investment to remain stable in Q2 – Manufacturing Circle

By: Anine Kilian 29th May 2018 The Manufacturing Circle Investment Tracker (MCIT) for the first quarter of this year shows there has been investment into the manufacturing sector in the past 15 months, but that investment is declining. Presenting key findings of the MCIT, in Centurion, on Tuesday, Manufacturing Circle... →

Manufacturing sector investment to remain stable in Q2 – Manufacturing Circle

Insimbi achieves higher revenue, gross profit in FY18

By: Simone Liedtke 29th May 2018 JSE-listed Insimbi Refractory and Alloys Supplies will be adding a significant value uplift to its chrome and aluminium businesses when it starts supplying powder-makers with a lower-grade aluminium content powder. It will start taking orders for this product in July, Insimbi CEO Fred Botha told... →

Canada initiates dumping inquiry into steel imports from China, Vietnam and South Korea

By: Reuters 29th May 2018 The Canadian International Trade Tribunal (CITT) said on Monday it has initiated a preliminary dumping inquiry into steel imported from China, South Korea and Vietnam. The tribunal will investigate whether the alleged dumping and subsidizing of "cold-reduced flat-rolled sheet products of carbon... →

AMSA moves to sell stake in Macsteel International for R2.8bn

By: Terence Creamer 28th May 2018 Steel producer ArcelorMittal South Africa (AMSA) announced on Monday that it intended to sell its 50% indirect interest in steel trading and shipping business Macsteel International (MIHBV) to a subsidiary of Macsteel Holdings (MacHold) for $220-million, or around R2.8-billion. The proposed... →

Photo by Creamer Media
AMSA CEO Kobus Verster

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