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Stainless Steel News

Fitch Solutions says volatility to continue driving metals prices lower

By: Simone Liedtke 30th March 2020 Research agency Fitch Solutions expects volatility to continue playing to the downside for metal prices in the coming weeks owing mainly to bearish investor sentiment on the back of the widespread Covid-19 pandemic. The agency notes that metal prices started the year on a strong footing as the... →

Stainless steel growth unlikely in 2020

By: Mamaili Mamaila 28th February 2020 The level of activity in the local stainless steel sector’s value chain has dwindled in the past decade, mainly owing to international competition, low steel prices and the slow growth of the local economy. →

FULL OF VIGOR Stainless steel is one of the youngest industrial materials globally, managing to positively change people’s lives

Coronavirus hurts base metals, iron-ore prices

By: Simone Liedtke 5th February 2020 The outbreak and contagion of a new strain of the coronavirus – which began in the Chinese city of Wuhan in December – has contributed to renewed concerns over economic growth prospects, particularly in China. China, which is a major supplier and consumer of base metals as well as a major... →

First group of MSI welder trainees graduate

By: Yvonne Silaule 22nd January 2020 More than 20 aspiring welding entrepreneurs have graduated after completing a training course under the Mpumalanga Informal Welders Recruitment Programme, which was organised by the Mpumalanga Stainless Initiative (MSI), the Small Enterprise Development Agency and the Manufacturing, Engineering... →

Iron-ore demand to slow, while seaborne supply rises

By: Simone Liedtke 21st January 2020 Slower demand growth, especially in China, and a decent recovery in seaborne supply is expected to continue to feature prominently in the iron-ore industry this year, says global energy, chemicals, renewables, metals and mining research and consultancy group Wood Mackenzie (WoodMac). Prices are... →

World risks 'disaster' as reuse of natural resources declines

By: Reuters 21st January 2020 The proportion of raw materials the world is reusing has fallen, researchers said on Tuesday, warning of a "global disaster" as annual consumption of natural resources rose to 100-billion tonnes for the first time. Just 8.6% of the 100-billion tonnes of materials – including minerals, metals,... →

South African chrome firms warn of more than 1 200 job cuts

By: Reuters 21st January 2020 South African chrome firms on Monday warned of more than 1 200 potential job cuts, citing power cuts, rising electricity tariffs and increased competition from overseas. The potential layoffs highlight the risks posed to Africa's most industrialised economy by struggling state power utility... →

Glencore, Merafe to retrench Rustenburg Smelter employees

By: Simone Liedtke 17th January 2020 Global miner Glencore Alloys and Merafe Resources have started a Section 189A process. The companies confirmed on Friday that written notice had been given to its employees at its joint venture (JV), the Rustenburg Smelter, in the North West. →

Seifsa welcomes lower repo rate

By: Simone Liedtke 17th January 2020 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has welcomed the South African Reserve Bank’s (SARB’s) decision to reduce the repo rate by 25 basis points, thereby “providing another boost to the stagnant economy”. The federation’s economist Marique Kruger is of the... →

Edenville inks two key coal supply contracts

By: Simone Liedtke 11th December 2019 Aim-listed Edenville Energy has signed two new significant contracts to supply washed coal from the company’s flagship Rukwa coal project, in western Tanzania. The two contracts are for the supply of up to 6 000 t and up to 3 000 t, respectively, of washed coal a month to industrial customers in... →

Heat exchangers market value to grow by 2026

29th November 2019 The global heat exchangers market accounted for revenue of about $16.62-million in 2018 and is anticipated to generate about $29.31-million by 2026, according to a report published by global market research firm Allied Market Research. The market is projected to grow at a compound yearly growth... →

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... →

HARD JOB The new cloud-based software makes the design of steel erections, stiffeners and welding associated with the connection easier

Welding safety extends to petrochem industry

By: Theresa Bhowan 22nd November 2019 Welding fumes are known to be particularly poisonous and a contaminant to the surrounding air, which is why welding solutions provider Unique Welding focuses on advanced welding safety, particularly in the petrochemicals industry for companies such as integrated chemicals and petrochemicals... →

BREATHING EASY The powered, air-purifying respirator system not only eliminates welding fumes, but also petrochemical fumes

Modular installation systems fitted in abattoir

By: Darren Parker 15th November 2019 Multinational construction services company Hilti designed and supplied the modular installation systems to support wet services for chicken producer Early Bird Farms, in Olifantsfontein. Early Bird Farms has been refurbishing and refitting its operations as part of Project Phoenix, which... →

CRIZETTE VAN DEN BERGH The modular installation system is beneficial in terms of maintenance because of reduced downtime

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,... →

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... →

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... →

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... →

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

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... →

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.

South Africa should focus on the speed at which it adapts to 4IR – Manamela

By: Simone Liedtke 12th September 2019 While the metals and engineering industries play a key role in preparing South Africa for the opportunities that the Fourth Industrial Revolution (4IR) brings, Higher Education, Science and Technology Deputy Minister Buti Manamela says the department’s focus will be on digital technologies, such... →

Photo by Creamer Media's Dylan Slater
Higher Education, Science and Technology Deputy Minister Buti Manamela

Bushveld receives approval to acquire Vanchem assets

By: Simone Liedtke 29th August 2019 Aim-listed Bushveld Minerals says it has received approval from the Competition Commission of South Africa to acquire the Vanchem assets, without conditions. The transaction currently remains on track to be completed by October 31, and the company is progressing the negotiations with local banks... →

World crude steel production up 1.7% in July

By: Simone Liedtke 28th August 2019 Global crude steel production by the 64 countries reporting to the World Steel Association (worldsteel) increased by 1.7% year-on-year to 156.6-million tonnes in July. China produced 85.2-million tonnes of steel in July, a 5% year-on-year increase. →

Steel tube association’s drive to open new export markets to receive boost

By: Simone Liedtke 26th August 2019 The Steel Tube Export Association of South Africa’s drive to open up more export markets for its members will receive a major boost when it participates in an outward selling mission (OSM) to Australia from September 1 to 7. The association’s CEO Keitumetse Moumakoe will be one of 25... →

Lamergyre says steel alloy plant could create sustainable jobs

By: Simone Liedtke 26th August 2019 The promoters of a proposed stainless and alloy steels plant in the Eastern Cape believe that the greenfield development could support the creation of new jobs in the domestic mining and steel industries. Should it be developed in line with the current concept, Lamergyre Alloy’s vertically and... →

Neasa calls for scrapping of steel import duties

By: Simone Liedtke 6th August 2019 The National Employers’ Association of South Africa (Neasa) has called for the scrapping of steel import duties, which it says is negatively impacting on South Africa’s downstream steel sector. Neasa CE Gerhard Papenfus says primary steel producer ArcelorMittal South Africa (AMSA) is unable to... →

Sassda in transition, creates new membership structure

By: Cameron Mackay 5th July 2019 Owing to the varied benefits which companies obtain as members of the Southern Africa Stainless Steel Development Association (Sassda), the association has created a tiered membership structure. →

GROWTH FROM EXPORTS Growth in the mining, and food and beverage, sectors for stainless steel, led to consumption in South Africa increasing by 8.6% last year

Factory of the Year recognises world-class excellence in South African manufacturing

By: Schalk Burger 28th June 2019 Multinational management consulting firm AT Kearney’s Factory of the Year competition recognises world-class excellence and performance in manufacturing and provides participants with a confidential evaluation of their competitive position as part of the assessment of all finalists, says AT... →

3D-printed Factory of the Year trophies

Metal fabrication support programme in next 100 days – Patel

By: Martin Creamer 27th June 2019 Within the next 100 days, the Department of Trade, Industry and Competition intends launching a support programme for new plant and equipment in metal fabrication. “We’ll meet investors and stakeholders on the long-term development of foundries and steel mini-mills, including measures to enable... →

Photo by Creamer Media's Dylan Slater
Trade and Industry Minister Ebrahim Patel

Local steel exporters suffering amid lower US steel demand

By: Marleny Arnoldi 20th June 2019 Trade union Solidarity says South African exporters of steel and aluminium products are under severe pressure after the US recently granted Canada and Mexico exemption from steel and aluminium tariffs. The US in May lifted the 25% tariff on steel and the 10% tariff on aluminium for Canada and... →

Photo by Creamer Media's Dylan Slater
Solidarity deputy general secretary Marius Croucamp

Steel Awards attracts record number of sponsors, entries

By: Marleny Arnoldi 13th June 2019 The South African Institute of Steel Construction (Saisc) says a record number of sponsors, as well as entries, have been received for this year’s Steel Awards, which will be hosted on October 10. Fourteen steel companies have pledged their support for this year’s event, a 40% increase... →

Saisc CEO Paolo Trinchero

AI-embedded solution solves IoT data challenges

31st May 2019 Software solution and analytics developer SAS Analytics was chosen by stainless steel manufacturer Ulbrich Stainless Steel to provide an artificial intelligence- (AI-) embedded Internet of Things (IoT) solution to analyse data created by Ulbrich’s plant sensors. This was done in order to deal... →

ANALYTICS UNDERSTANDING Ulbrich Stainless Steel uses SAS analytics to understand the IoT data streaming from its connected factories

Chrome ore exports contribute to stainless steel production

By: Cameron Mackay 31st May 2019 The export of chrome ores from South Africa for use in the ferrochrome smelter of Chinese stainless steel group Tsingshan’s stainless steel plant has contributed to global growth in chrome ore supply. “Although the plant receives supply from China, which is re-routed South African material, and... →

Powder coating for corrosion launched

31st May 2019 Global industrial coating supplier PPG has introduced its PPG Envirocron Extreme Protection Edge powder coatings for corrosion protection. PPG is represented in South Africa by paint manufacturer Prominent Paints, based in Alrode, Gauteng. →

LAY IT ON THIN The sprayable powder is a one coat application

Association highlights advantages of hot dip galvanising

By: Halima Frost 31st May 2019 The steel industry has not been immune to the pressures of the recent global and domestic economic challenges and, as a result, a notable reduction in local consumption has been filtering through to the hot dip galvanizing industry. Hot dip galvanizing is a corrosion-control process for steel or... →

TAKE A DIP Dipping steel into molten zinc allows for an effective corrosion barrier

New coatings range launched in S Africa

By: Halima Frost 31st May 2019 Specialised construction product manufacturer a.b.e. Construction Chemicals announced its partnership last month with coatings supplier Rustopak to launch the a.b.e. Rustopak range. The range consists of the a.b.e Rustopak Red Penetrant Sealant, and the Rustopak Top Coat. →

a.b.e. Construction Chemicals CEO Warren Trew & Watsons Coatings president Gary Watson discuss the Rustopak range. Camerawork: Nicholas Boyd. Editing: Christo Greyling.

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