Engineering News | Metals | Stainless Steel

https://www.engineeringnews.co.za

Advertise on this page? Click Here to Learn More

Stainless Steel News

Master plan set to boost local market

2nd July 2021 Speaking on the steel master plan, which is a blueprint for the industry to re-energise itself and expand production, the Southern Africa Stainless Steel Development Association (Sassda) states that the broad structure demanded is in place and export councils are now working to boost the local... →

Infrastructure and import substitution at heart of new master plan’s vision for steel revival

By: Terence Creamer 11th June 2021 A new master plan aimed at stabilising South Africa’s steel industry and creating a platform for the revival of the country’s embattled downstream steel fabricators was signed by representatives from business, labour and government on Friday. The ceremony, which took place amid the constant hum... →

Trade, Industry and Competition Minister Ebrahim Patel signs the Steel Master Plan as Numsa's Irvin Jim prepares to do likewise

Trade, Industry and Competition Minister Ebrahim Patel outlines the main pillars of the Steel Industry Master Plan at a signing ceremony held at Hall Longmore’s factory in Wadeville, in Gauteng. Camera Work: Kutlwano Matala. Editing: Nicholas Boyd.

Tradecore Steel acquires KZN assets of Gibbsteel Pinetown

By: Simone Liedtke 8th June 2021 An acquisition has increased steel supplier Tradecore Steel’s processing capability in KwaZulu-Natal and further consolidates the company’s sub-Saharan footprint. Tradecore has acquired the KwaZulu-Natal assets of Gibbsteel, a producer of value-added steel products. →

Iron-ore benchmarks rise on China's steel output plans

By: Reuters 28th May 2021 Iron-ore futures in Asia rose on Friday, but were set for a third weekly decline on persistent price-control concerns. Top steel producer China's recent statements on steel capacity reforms had sparked worries about tight supply prospects, pushing prices to record highs earlier this month. →

Manufacturer mitigates supply challenges

By: Theresa Bhowan 28th May 2021 With the global pandemic posing challenges across all industries, the greatest challenge that industrial and electronic supplier Actum faces is the timeous supply of raw materials. “Actum Group is the only authorised manufacturer under licence for BAND-IT stainless steel strapping and buckles... →

FIRM GRIP The BAND-IT stainless steel band clamps spread their clamping force out across the full perimeter of the items they are joining

Quality stainless steel components supplied during pandemic

28th May 2021 Engineering solutions specialists BMG provided engineering components and support services to all sectors during the Covid-19 pandemic. “The BMG team is committed to making sure industry continues to operate as safely and efficiently as possible during this challenging time. It is absolutely... →

COMPLETE SAFETY BMG works closely with its customers in all sectors to ensure that each plant is well-prepared to maintain full production

Machine comes to SA shores

By: Theresa Bhowan 28th May 2021 With the stainless steel industry need for a smaller and more compact rotary brush machine, deburring machine manufacturers Timesavers International has developed the 22 RB series rotary brush machine, which Timesavers’ local distributor and cutting, welding and grinding solutions provider First... →

NEW TECH The 22 RB series is the most compact and affordable model in the company’s RB Series product range

Stainless steel industry shows brighter future

28th May 2021 The stainless steel market is still under pressure following years of economic decline in South Africa’s economy. This was exacerbated by Covid-19 and the measures that government imposed to reduce infections, says Africa-based stainless steel mill Columbus Stainless. After the level four... →

LOOKING UP South Africa's economy is expected to rebound in 2021 and 2022 after the dire impact of Covid-19 last year

State of the stainless steel nation

28th May 2021 Against the backdrop of this year’s State of the Nation Address and the Budget speech, Southern Africa Stainless Steel Development Association (Sassda) acting executive director Michel Basson took an in-depth look at the ‘state of the stainless steel nation’ and how it is expected to fare in... →

Cabinets for use in multiple industries

28th May 2021 Electrical equipment and wire accessories company Legrand’s Atlantic stainless steel cabinets have been designed for safe use in corrosive conditions and in areas requiring a high level of hygiene. These enclosures are designed for maximum safety and the ordered arrangement and optimum protection... →

TIGHT FIT These enclosures are designed for maximum safety and the ordered arrangement and optimum protection of electrical components

Iron-ore tumbles as China's price warning grips markets

By: Reuters 24th May 2021 Asia's iron-ore futures tumbled on Monday, leading another bout of selling in the metals complex, after China's state planner warned against commodity price manipulation and vowed to clamp down on speculative trading. The most-traded iron-ore contract for September delivery on China's Dalian... →

Iron-ore slumps as China steps up efforts to curb soaring prices

By: Reuters 20th May 2021 Chinese iron ore and steel futures led a selloff across the nation's metals complex on Thursday after the government sought stricter oversight of commodity markets to curb exorbitant prices, sparking a broad-based correction. September iron ore on the Dalian Commodity Exchange ended daytime... →

CNC machine bolsters company offering

By: Halima Frost 14th May 2021 Waterjet cutting service provider MaxJet Global has invested in a new computer numerical control (CNC) waterjet machine to bolster its specialised flange and seal offerings for the valves sector. The CNC waterjet machine, one of the first installations of its kind in Africa is equipped with newly... →

PERFECTLY NESTED The flanges and seals made on the new CNC waterjet machine are suited in design and material for perfect nesting

Desmond Maharaj resigns as AMSA CFO

By: Simone Liedtke 4th May 2021 Desmond Maharaj has resigned as CFO and executive director of steelmaker ArcelorMittal South Africa (AMSA) to pursue personal opportunities outside of the business. AMSA expects Maharaj to step down no earlier than July 31 and no later than September 30, giving it ample opportunity to identify... →

Increase in tanks demand presents challenges

By: Darren Parker 9th April 2021 Despite a global increase in stainless steel tanks production over the past 12 months – particularly for the food and beverage sectors – some subsectors are facing challenges, says stainless steel supplier Columbus Stainless market development manager Lerato Mashigo. “The food and beverage sector... →

AGES LIKE A FINE WINE Over the recommended life span of a structure, stainless steel becomes more economical because of reduced maintenance and refurbishment required

Multi Alloys to merge with EMVAfrica

By: Schalk Burger 1st April 2021 Special alloys company Multi Alloys will merge with EMVAfrica to become a specialised division of the stainless steel products and valves company on May 1. The merged businesses will give EMVAfrica a widened and enhanced range of long products, from the ferritic and austenitic stainless,... →

Pandemic increases demand for pumps

By: Simone Liedtke 19th March 2021 With much of the world being tested to its limits by the Covid-19 pandemic, it resulted in an increased demand for pumps and related accessories, says specialist pump company Integrated Pump Technology sales manager Jordan Marsh. He explains that, with mines being considered as “hot spots” for... →

GRINDEX RANGE The company is the sub-Saharan Africa supplier for the Grindex range

Taxpayer loses as multimillion-rand investment collapses amid allegations of fraud, mismanagement

By: News24Wire 8th March 2021 The KwaZulu-Natal Growth Fund (KGF), Industrial Development Corporation (IDC) and private investors have burnt their fingers and lost more than R330-million in an ill-fated cookware-manufacturing plant which has now been liquidated. INSA, in which the KGF, IDC and private funders had invested... →

Company secures distributor deal

By: Halima Frost 5th March 2021 Engineering solutions provider BMG has been appointed as the exclusive distributor of Swagefast fastening systems in Africa, including South Africa. “This means that BMG will have the capacity to supply heavy industrial pin and collar fastening solutions directly to the rail industry,” says BMG... →

PIN AND COLLAR The Swagefast heavy industrial pin and collar range will now be supplied by BMG

Seifsa partners with Venncap to help metals, engineering companies secure funding

By: Schalk Burger 4th March 2021 Industry body the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has partnered with funding consulting firm VennCap Business Solutions to assist metals and engineering sector companies to secure funding for their businesses and enable them to chart a course to... →

Seifsa CEO Kaizer Nyatsumba

Global crude steel output decreases by 0.9% in 2020

26th February 2021 Global crude steel production reached 1 864-million tonnes (Mt) for the year 2020, which is down by 0.9% compared with 2019, steel industry association the World Steel Association stated in a press release last month. →

Photo by worldsteel.org
DECREASED STEEL OUTPUT Global crude steel production reached 1 864-million tonnes for the year 2020

Association hopeful despite challenging environment

By: Mamaili Mamaila 26th February 2021 The stainless steel sector, similar to the rest of the local economy, was under pressure before the onset of Covid-19, says the Southern Africa Stainless Steel Development Association (Sassda). →

REPRIORITISATION The Southern Africa Stainless Steel Development Association’s members had to reconsider aspects, such as staff deployment, the use of facilities and cost structures

Manufacturing recovery’s slow pace a concern, Seifsa

26th February 2021 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) is concerned about the slow pace of recovery in the manufacturing sector, as depicted by the manufacturing Purchasing Managers' Index (PMI) number of 50.9 last month – lower than the 2020 fourth quarter average. →

MULTIPLIER EFFECT The manufacturing sector remains key to the growth and development of South Africa owing to its multiplier effect on other sectors of the economy

Safe and reliable steel production even more crucial

26th February 2021 High temperatures, molten metals and heavy loads are some of the challenges faced during steel production, says industrial instrumentation and automation multinational Endress+Hauser. →

ZOOMING INTO SAFETY Over the years, the importance of safety has grown substantially, whereby laws and regulations governing the smelter and metals sector have become stricter

Companies committed to transformation honoured

26th February 2021 Entries are open for the seventh annual Steel and Engineering Industries Federation of Southern Africa (Seifsa) Awards for Excellence and the federation is calling on all companies within the metals and engineering (M&E) industry to send in their submissions for the Most Transformed Company of... →

TRANSFORMATION GOALS The Most Transformed Company of the Year Award honours and celebrates companies that have been able to transform their workplaces meaningfully

Chrome market could change with new export tax regime, dissuading Chinese offtake

By: Donna Slater 20th January 2021 A “delicate” balancing act between chrome ore mining and stainless steel production may be under threat as South Africa changes its export tax regime to boost the commodity’s “welfare benefits” and to favour local chrome buyers instead of foreign buyers, Simon le Roux, a student at Rhodes... →

Seifsa calls for moratorium on power hikes as Eskom makes case for cost-reflectivity

By: Terence Creamer 7th December 2020 Steel and Engineering Industries Federation of Southern Africa (Seifsa) used the platform created by ongoing National Energy Regulator of South Africa (Nersa) hearings to call for a moratorium on additional electricity tariff hikes, arguing that further increases would undermine the country’s... →

New forming line increases global supply capabilities

4th December 2020 Last month, automotive technology and engineering company Benteler International announced it would be investing in a new forming line for processing of airbag tubes at its Schloss Neuhaus plant, in Germany. The company has expanded its value-added depth in airbag and seat belt pretensioner tubes... →

PIPELINE A new forming line for processing of airbag tubes is being invested in by Benteler International

Company holds premium reputation in valves industry

6th November 2020 Stainless steel and special alloy valves supplier Energy Valves, a division of single-source supplier of corrosion resistant and other specialist alloys EMVAfrica, holds a solid reputation as a leading supplier of premium quality valve solutions. “Several differentiating factors have earned us... →

LARGE HOLDING ENERGYValves boasts a vast stock-holding of its flagship range of competitively priced ball valves which can be considered as commodity products

Digitalised process takes pipe welding to next level

By: Mc'Kyla Nortje 6th November 2020 Japanese steel manufacturer JFE Steel Corporation has produced the first pipe at its Fukuyama Works in Japan after the successful revamp of its submerged arc welding stands by metallurgical plant supplier SMS group. The revamp included five-wire submerged arc welding heads, digital inverter... →

BETTER AND BETTER The current revamp project focused primarily on enhancing the repeatability and furthering the development of the welding parameters

Company engages govt for greater awareness of local industry

23rd October 2020 Stainless steel producer Wire Products Stainless Steel Productions (WPSSP) is engaging government to create greater awareness about the local supply of stainless steel long products and wire. The Germiston-based company has met with the Department of Trade and Industry, the Department of Public... →

LOOK LOCAL WPSSP is calling on government to become more involved in the sector, facilitating deals directly with State-owned enterprises to allow for South African producers

Hybrid future in sight

23rd October 2020 Global engineering company Watson-Marlow Fluid Technology Group (WMFTG) predicts a hybrid bioprocessing future, where tried and trusted stainless-steel systems are seamlessly integrated with single-use technology. This flexible approach will enable contract manufacturing organisations (CMOs) and... →

TECHNOLOGY SHAKE UP Stainless steel is not dead nor dying, but the emergence of new technology continues to shake up the biopharmaceutical industry

Key issues in welding stainless steels

23rd October 2020 Most stainless steels have good weldability if some key issues are understood and addressed, correct procedures are followed and expert advice is obtained if the organisation is inexperienced, says gases and welding products supplier Afrox manufacturing industries team applications development... →

South African Cabinet approves export tax on chrome ore

By: Reuters 22nd October 2020 South Africa, the world's biggest chrome producer, has approved measures to support the domestic ferrochrome industry including through an export tax on chrome ore, according to a Cabinet statement on Thursday. "The interventions include the proposed introduction of the export tax on chrome... →

Easy-to-assemble water storage tanks launched

By: Halima Frost 16th October 2020 Steel products and related services company Structa Group recently launched the marketing drive for its new Circotank brand, which offers a range of rolled sectional steel tanks. Circotank is manufactured from galvanised steel sheet, cold rolled, with a stiffening profile. →

TANK TOP The Maxi range of tanks offers water storage capacity of up to 1.5Mℓ

United Heavy Industries upgrades KZN steel mill, plans larger steel investment

By: Simone Liedtke 13th October 2020 Diversified industrial firm United Heavy Industries has announced a R350-million investment in its recently acquired steel mill at Mandeni, KwaZulu-Natal, which will more than double the plant’s production capacity. United Heavy Industries director Kanishka Dhar tells Engineering News that... →

South Africa’s iron-ore sector to benefit from rising Chinese demand

By: Simone Liedtke 7th October 2020 South Africa’s Northern Cape is considered a “fantastic mineral region” and African Rainbow Minerals ferrous division CE Andre Joubert believes iron-ore, besides other commodities, is likely to benefit following the Covid-19 pandemic. Crude steel is a major driver for iron-ore production, he... →

About

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

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

Newsletters

Sign up for our FREE daily email newsletter

Receive daily sector news alerts

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