https://www.engineeringnews.co.za
R/€ = 15.64 Change: 0.00
R/$ = 13.94 Change: 0.00
Au 1425.38 $/oz Change: -13.78
Pt 843.26 $/oz Change: -12.18
 

Metals News

Automaker groups warn US tariffs will undermine new NAFTA deal

By: Reuters     16th November 2018 US automakers and parts suppliers on Thursday warned that President Donald Trump's steel and aluminum tariffs and threatened car tariffs would undermine the benefits of the new deal to modernize the North American Free Trade Agreement, causing widespread job losses. At a wide-ranging hearing... 

Steeledale appoints new CEO

By: Tasneem Bulbulia     15th November 2018 In line with Kutana Steel Group’s long-term strategy, its member company Steeledale has appointed Chris Harito CEO, effective January 1. Harito previously served as the CFO of Steeledale under the leadership of outgoing CEO Schalk Burger. 

Allied Steelrode launches second stretcher leveller amid lacklustre environment 

15th November 2018 Allied Steelrode earlier this month launched its second stretcher leveller, a machine which helps to eliminate the stresses in steel, amid a somewhat lacklustre local business environment. Simone Liedtke, who attended the launch, tells us a bit more. 

Allied Steelrode launches second stretcher leveller amid lacklustre environment
Allied Steelrode launches second stretcher leveller amid lacklustre environment

Vanadium batteries the solution to meet growing energy storage demand – Bushveld 

By: Simone Liedtke     14th November 2018 Vanadium redox flow batteries (VRFBs) are a front-runner technology for meeting the growing demand in the energy storage sector, says Bushveld Energy CEO Mikhail Nikomarov. During a webinar on energy storage this week, he noted that data by US-based multiservice professional firm Navigant shows... 

Canada's Trudeau says he discussed steel tariffs with Trump in Paris

By: Reuters     12th November 2018 Canadian Prime Minister Justin Trudeau said on Monday he had discussed U.S. steel and aluminium tariffs with President Donald Trump over the weekend and that he hoped to reach a resolution on the matter by the G20 summit in Argentina. "I absolutely brought up the issue of steel and aluminium... 

Demand increases for thermoplastic valves

By: Jessica Oosthuizen     9th November 2018 Demand for thermoplastic materials over conventional alloy metals has increased since engineering consumables and components distributor BMG was appointed exclusive distributor of UK-based manufacturer SAFi Thermoplastic Valve Solutions’ (SAFi’s) products, says BMG industrial valves national... 

Demand increases for thermoplastic valves
PROCESSING PLANT BMG’s SAFi range of valves can be used in mining, energy, environmental, process plant, agriculture, and food and beverage applications

Valve companies upgraded to Level 1 BBBEE status 

By: Jessica Oosthuizen     9th November 2018 Valve manufacturer Ainsworth Engineering and its sister company valve distributor United Valve Company (UVC) are under new ownership and have been upgraded to Level 1 broad-based black economic empowerment (BBBEE) status. The initiative was funded by the Industrial Development Corporation and... 

Valve companies upgraded to Level 1 BBBEE status
Ainsworth Engineering and United Valves Company CEO Siyabonga Meyiwa and United Valves Company General Manager Ruben van Loggerenberg discuss the state of the valve industry and company developments. Camerawork and Editing: Nicholas Boyd.

Energy reuse to help base metals industries

By: Schalk Burger     9th November 2018 Base metals-production industries can maximise the capture of waste heat and reuse it to reduce energy use, and South Africa has does not have many heat reclamation systems in place, compared to widespread use of these systems in developing countries, such as China, says energy-intensive industry... 

Energy reuse to help base metals industries
WASTE-HEAT RECOVERY A waste-heat recovery system in a cement plant

Allied Steelrode launches second stretcher leveller to meet growing demand 

By: Simone Liedtke     8th November 2018 As a result of increasing demand for stretched and flattened steel, local steel supplier and processing company Allied Steelrode on Thursday launched a second stretcher leveller at its Midvaal-based facility for the production of Allied Steelrode Stretcher Material (ASSM). Having the stresses of... 

Allied Steelrode launches second stretcher leveller to meet growing demand
Allied Steelrode executive director Warne Rippon and group CE Arun Chadha speak to Engineering News Online about the company’s most recent purchase, a second stretcher leveler, as well as some of the company’s corporate social investments in the Midvaal area. Video & Editing: Nicholas Boyd

European automakers BMW, Volvo to trial new LME steel contracts

By: Reuters     6th November 2018 European automakers BMW and Volvo plan to experiment with steel contracts to be launched by the London Metal Exchange early next year, a move which could eventually change the way the industry hedges and prices contracts, industry sources said. The LME is launching three hot rolled coil (HRC)... 

AMSA’s shares rise on finalisation of Macsteel sale

By: Marleny Arnoldi     5th November 2018 Steel producer ArcelorMittal South Africa (AMSA) has finalised the sale of its 50% interest in Netherlands-based Macsteel International Holdings for nearly R3-billion to a subsidiary of Macsteel Holdings Luxembourg. The sale is expected to strengthen the company’s balance sheets, amid... 

AMSA reports rise in Q3 sales and output

By: Terence Creamer     1st November 2018 Steel producer ArcelorMittal South Africa (AMSA) has reported increased production and sales for the quarter ended September 30, 2018. The JSE-listed company told shareholders on Thursday that liquid steel production increased by 4.8% to 59 000 t, mainly as a result of higher output from its... 

AMSA reports rise in Q3 sales and output

US steel tariff fight stirs up a swarm of WTO litigation

By: Reuters     30th October 2018 The United States urged European Union governments on Monday to reflect on whether it was really in their interest to go ahead with a trade dispute over US metals tariffs, and said it was hopeful of settling the issue with Mexico and Canada. The US tariffs attracted an unprecedented seven... 

ERG forecasts strong metals price recovery

By: Marleny Arnoldi     29th October 2018 Diversified miner Eurasian Resources Group (ERG) forecasts a strong metals price recovery ahead, including for copper, cobalt, aluminium, ferrochrome and iron-ore. “Our view that commodities have fallen foul of wider macroeconomic concerns and the changing geopolitical landscape was confirmed... 

Local stainless steel products promoted

26th October 2018 The Southern African Pump Systems Development Association (Sapsda) and Southern Africa Stainless Steel Development Association (Sassda) continue to promote the local manufacture of stainless steel products such as pumps, valves and sealing systems to compete internationally and stimulate growth.... 

Local stainless steel products promoted
Photo by Dylan Slater
ROLLING Stainless steel is a durable low maintenance material

2018 Sassda awards celebrate innovation

By: Thabi Madiba     26th October 2018 The Southern Africa Stainless Steel Development Association (Sassda) Columbus Stainless Awards are a testament to the strength and durability of the South African stainless steel industry, says Sassda executive director John Tarboton. With this year’s awards theme being “celebrating innovation”,... 

SEZ to boost stainless steel industry

By: Thabi Madiba     26th October 2018 The Limpopo-based export-oriented mega mineral energy complex, in a special economic zone (SEZ), in which Chinese State-owned companies are set to invest, is “the biggest thing on the horizon” in the local stainless steel industry, says Southern Africa Stainless Steel Development Association... 

SEZ to boost stainless steel industry
HANDS ON The metallurgical complex will increase job opportunities in the stainless steel industry

Manufacturer supplies stainless steel diesel field stoves to SANDF

26th October 2018 Manufacturer and exporter Desert Wolf plays an instrumental role in project teamster, which is the new South African National Defence Force (SANDF) project to upgrade the complete field kitchen facilities for the defence force and is currently supplying it with a range of stainless steel diesel... 

Manufacturer supplies stainless steel diesel field stoves to SANDF
EXCELLENT RESISTANCE Desert Wolf supply mobile field cooking units made from stainless steel

Easy-to-read characters made from stainless steel

26th October 2018 Band-It range of stainless steel clamping and identification systems distributor Banding & Identification Solutions Africa offers an easy-to-read and -install identification system for equipment from hoses to heavy equipment. Banding & Identification sales representative Matthew Campbell explains... 

Easy-to-read characters  made from stainless steel
HARD Easy-to-read characters are made of grade 316 stainless steel

Incorrect tools can contaminate stainless steel

By: Thabi Madiba     26th October 2018 Any tradesmen will highlight the importance of using the right tools to get a project done as efficiently as possible. Stainless steel is a hard, heat-conductive metal, which can be quite severe on a tools’ consumables. Stainless steel necessitates an extremely slow cutting and drilling rate to... 

Incorrect tools can  contaminate stainless steel
ACTION Slow cutting is implemented on stainless steel

Company offers consultation on stainless steel grade use

By: Thabi Madiba     26th October 2018 As part of its anchor installer training service, construction industry service and technology provider Hilti South Africa offers consulting on the implications of using different grades of stainless steel as fasteners for anchoring purposes in the construction industry. “We all know stainless... 

Company offers consultation on stainless steel grade use
ON IT Hilti SA practitioner prepares for anchor installer training

South Africa welcomes product exclusion for some steel, aluminium products from Section 232 duties

By: Simone Liedtke     24th October 2018 Following an announcement that the US Department of Commerce has granted product exemptions for certain aluminium and steel products, Trade and Industry Minister Dr Rob Davies on Wednesday welcomed the positive developments as a step towards normalising trade relations between South Africa and... 

How strong steel might kill off the next big battery metal story

By: Bloomberg     23rd October 2018 Vanadium’s astonishing rally is threatening its chances of being the next big battery metal. Prices have surged more than 800% in about two years, driven by Chinese demand for stronger steel. There’s also been speculation that vanadium will become a key metal for the battery industry. But with... 

Clash over Trump tariffs heats up with barrage of WTO litigation

By: Reuters     19th October 2018 Disputes over US tariffs and retaliatory moves by other states have sparked 12 requests for adjudication at the World Trade Organization, signalling an escalation in global trade tensions. The agenda for an Oct. 29 meeting of the WTO's dispute settlement body on Friday confirmed the legal moves,... 

Norway, EU ask WTO to set up panel on US steel, aluminium tariffs

By: Reuters     19th October 2018 Norway, the European Union and several other countries asked the World Trade Organization (WTO) on Thursday to set up a dispute resolution panel to address US tariffs on steel and aluminium, Oslo's foreign minister said. "We believe that US additional duty on steel and aluminium is contrary to... 

South African mint shines in Africa

By: Natasha Odendaal     19th October 2018 The South African Mint’s (SA Mint’s) master craft and secure manufacturing has made it one of the top preferred manufacturers of coins and coin blanks in the world, and a valuable partner across Africa. The famous producer of circulation and commemorative coins has, on its CV, an impressive list... 

Global steel body hikes demand forecasts, but says risks remain

By: Reuters     16th October 2018 The World Steel Association on Tuesday doubled its 2018 and 2019 forecasts for growth in global demand for the material used in everything from cars to construction, but said that trade tensions were clouding the outlook for the sector. The caution over trade from a body that represents 85% of... 

Global steel body hikes demand forecasts, but says risks remain

Seifsa elects ‘most transformed’ board to date

By: Simone Liedtke     15th October 2018 Arabela Holdings executive chairperson Elias Monage has been elected president of the Steel and Engineering Industries Federation of Southern Africa (Seifsa) and chairperson of its board of directors, with effect from October 12. Monage was elected president during Seifsa’s seventy-sixth annual... 

Steel Awards showcase resilience, workmanship in South African steel industry

By: Simone Liedtke     12th October 2018 South African Institute of Steel Construction (SAISC) CEO Paolo Trinchero believes the industry continues to produce “outstanding work, [which] demonstrates its capability and expertise”. Speaking at its yearly Steel Awards function on Thursday evening, he said there was continued perseverance in... 

Steel Awards showcase resilience, workmanship in South African steel industry

Seifsa president points to ‘signs of green shoots' for metals sector

12th October 2018 In an address at the Steel and Engineering Industries Federation of Southern Africa’s (Seifsa’s) Presidential Breakfast on Friday, outgoing interim president Alph Ngapo expressed optimism that the political transition, which saw President Jacob Zuma replaced by President Cyril Ramaphosa earlier... 

Seifsa president points to ‘signs of green shoots' for metals sector

Connecting international expertise to South African opportunities

By: Shannon de Ryhove     12th October 2018 European alliance partner company GC Top Technologies — an Italian company based in South Africa — aims to connect international suppliers of the best available technologies with South African clients that require improved efficiency, enhanced productivity and environment-friendly solutions. The... 

AMSA seeks growth opportunities in sub-Saharan Africa amid muted domestic steel demand

By: Nadine James     10th October 2018 In light of weak domestic demand, ArcelorMittal South Africa (AMSA) has implemented a strategy to enhance its short-term profitability and cashflow, thereby, ensuring the business’ sustainability and positioning it to exploit growth in the sub-Saharan Africa region, says CEO Kobus Verster. During... 

 AMSA seeks growth opportunities in sub-Saharan Africa amid muted domestic steel demand
Photo by ARCELORMITTAL
ArcelorMittal Vanderbijlparjk Works

Trade rules need to address Chinese excess capacity – EU's Moscovici

By: Reuters     10th October 2018 Any rewrite of global trading rules must deal with the issue of excess industrial capacity in China, European Commission Economic Commissioner Pierre Moscovici said on Wednesday. "We absolutely need to address the issue of overcapacities in China. Nobody can say that this is not a problem. This... 

Turkey puts import quotas on steel – WTO filing

By: Reuters     8th October 2018 Turkey will introduce quotas on the amount of steel it imports from Oct. 17, with an additional 25% duty on any imports above the quotas, it said in a filing published by the World Trade Organization on Monday, blaming a surge in imports. It said it had begun investigating the case for emergency... 

Macro disquiet drowns out signs of base metals shortages

By: Reuters     4th October 2018 Uncertainty about how metals demand will be hit by trade wars, rising US interest rates and a slowdown in China is weighing on industrial metals prices, submerging signals pointing to potential shortages. The index of copper and five other top industrial metals traded on the London Metal Exchange... 

Dube TradePort continues to inject billions into local economy, job creation – MEC

By: Simone Liedtke     2nd October 2018 The Dube TradePort, which incorporates the King Shaka International Airport, has in the past ten years invested R11.5-billion into the South African economy and created nearly 100 000 jobs, KwaZulu-Natal Economic Development, Tourism and Environmental Affairs MEC Sihle Zikalala said on Tuesday.... 

China's at 'peak steel' right now, top iron-ore shipper says

By: Bloomberg     2nd October 2018 The world’s largest steel market is about to go into reverse. Production in China will peak in 2018 and then shrink next year as local demand drops, according to forecasts from the Australian government, which says the shift will add to headwinds for core ingredient iron ore. Mainland steel... 

Latest News

more

Latest Videos

more

Press Office

more

Topics In These Articles

RSS Feed

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119
Free daily email newsletter Register Now
Subscribe Now for $119 Close