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Steel Construction and Cladding

Our pricing is extremely responsible – Iscor

By: Terence Creamer     26th March 2004 South Africa’s leading steel producer Iscor has responded to ongoing criticism of its pricing policies by arguing that it is and has been “extremely responsible” in the way it is, and has been, setting domestic prices. 

Global crude steel output rises 12% year-on-year

24th March 2004 World crude steel production for the 62 countries, reporting to the International Iron and Steel Institute (IISI), stood at an estimated 79,5-million metric tons (mt) in February. 

Thailand lifts antidumping duties on steel imports

24th March 2004 Thailand lifted antidumping duties on hot-rolled steel imports from 14 countries yesterday, in a bid to ease shortages and dampen rising prices. 

Scrap metal trader to invest R100m in Durban foundry

24th March 2004 South African scrap metal trader West Side Scrap Metals has acquired a steel foundry in Edwin Swales, Durban, which was originally owned and operated by the country’s transport utility, Transnet. 

Steel No 2 pursues flexible pricing strategy

By: Terence Creamer     22nd March 2004 South Africa’s second-largest steel producer, Highveld Steel & Vanadium, is implementing a new domestic pricing policy in a bid to decrease uncertainty and buffer its direct and indirect customers from dislocating price shocks. 

Steel No 2 pursues flexible pricing strategy

By: Terence Creamer     19th March 2004 South Africa’s second-largest steel producer, Highveld Steel & Vanadium, is implementing a new domestic pricing policy in a bid to decrease uncertainty and buffer its direct and indirect customers from dislocating price shocks. 

Steel-cycle upturn comes at a bad time for SA industry

By: Terence Creamer     12th March 2004 Last week’s announcement by steel producer Iscor that it would be raising prices by an average of six per cent as from April, will, no doubt, raise the blood pressure levels in boardrooms and on factory floors across the country. 

Iscor announces flat product price hikes

9th March 2004 South African steel giant Iscor yesterday announced list price increases, ranging between 7% and 15%, for its flat steel products that will be introduced selectively during the May and June timeframe. 

Manic markets: End in sight to domestic sales slump as global demand and prices surge

By: Terence Creamer     5th March 2004 Domestic demand, or the lack of it, was the key feature and challenge confronting South Africa’s primary steel industry in 2003. 

Seifsa hosts initiative to promote employment

5th March 2004 The Nedlac Fund for Research into Industrial Development Growth and Equity (Fridge), that commissioned a R2-million research study in 2002 to examine the reasons for job losses in the metal and engineering industry, alongside the Steel and Engineering Industries Federation of South Africa... 

Iscor confirms 6% price rise

3rd March 2004 South African steel giant Iscor yesterday confirmed that it would increase its steel prices by an average of six per cent as from April 1, arguing that the increases were in line with unprecedented price rises globally. 

KZN 'laaitie' president of giant federation

By: Martin Creamer     27th February 2004 It is unusual if not unprecented for a Kwazulu Natal-based ‘laaitie’ to be elected to head one of the country’s largest engineering employer organisations, which has for the past half-century been particularly dominated by Gauteng’s ‘groot kokkedore’. 

‘LNM takeover key to technology progress’

By: Terence Creamer     27th February 2004 South African steel producer Iscor is optimistic that its main shareholder LNM will receive approval from the competition authorities to advance its position in the company to beyond the 50% level, but says its will review its entire consolidation strategy if the takeover bid fails. 

Market-coke project decision expected by June

By: Terence Creamer     27th February 2004 Steel producer Iscor is likely to approve a significant market-coke project by June.?The initiative could add between 200 000 t/y and 500 000 t/y to the production of its coke and chemicals business, formerly known as Suprachem. 

Gert Lange, Headline Engineering

20th February 2004 Full name: Gert Rudolph Beukes Lange Position: MD since inception September 2002 Main activity of the company: Detailing and fabrication of structural steelwork and boiler components Date and place of birth: September 18, 1962, Alberton Education: Elspark Technical High School; Qualified boiler... 

Balance returning to vanadium market

By: Martin Czernowalow     20th February 2004 Demand for vanadium is likely to be strong this year, as a result of sustained world production and consumption of steel, South African steel producer Highveld Steel said last week, after posting depressed earnings for 2003. 

Many benefits will flow from LNM takeover - Iscor

By: Terence Creamer     19th February 2004 South African steel producer Iscor is optimistic that its main shareholder LNM will receive approval from the competition authorities to advance its position in the company to beyond the 50% level, but says its will review its entire consolidation strategy if the takeover bid fails. 

Highveld’s 2003 earnings hit by rand, interest rates

11th February 2004 South African steel producer Highveld Steel said the 2003 financial year was characterised by a strong rand, which resulted in substantially lower revenue for all group exports. 

Unions prepare case against LNM takeover

By: Martin Czernowalow     10th February 2004 Trade union Solidarity is squaring up to take on South African steel giant Iscor and multinational group LNM Holdings at the Competition Tribunal next month, over the companies’ proposed merger. 

DRD to continue steel-price fight

2nd February 2004 South African gold miner Durban Roodepoort Deep (DRD) said on Friday that it would continue, together with Harmony Gold Mining, its action against iron and steel giant Iscor to secure ‘fair’ steel prices. 

Steel giant sees domestic recovery in 2004

By: Martin Zhuwakinyu     30th January 2004 South Africa’s largest iron and steel maker, Iscor, has predicted that local demand for carbon steel will improve this year, as the rand, mainly blamed for an 18,9% slump in sales in 2003, is set to lose some of its strength. 

Summit to focus of steel-price conundrum

By: Terence Creamer     30th January 2004 Steel prices and the controversial system of import parity pricing (IPP) will come under the spotlight again later this year at the Metals and Engineering Sector Summit. 

Harmony will refer steel complaint to tribunal

By: Terence Creamer     28th January 2004 Gold-miner Harmony will refer its complaint of excessive pricing against steel producer Iscor to the Competition Tribunal, CE Bernard Swanepoel confirmed yesterday. 

Iscor warns that profits will fall at least 30%

27th January 2004 South Africa's largest steel producer Iscor warned on Monday it expected earnings for the six months to December 31 to be more than 30percent lower than the same period the previous year. 

Harmony, DRD boards to consider next step in steel-price fight

By: Terence Creamer     22nd January 2004 Gold-miners Harmony and Durban Roodepoort Deep (DRD) met with their legal and economic advisors on Tuesday night to discuss the merits of referring a complaint of abuse of dominance and excessive pricing against steel producer Iscor directly to the Competition Tribunal. 

Iscor extends steel-price olive branch

By: Terence Creamer     19th January 2004 South African steel producer Iscor has invited its customers – some of whom have been complaining bitterly about excessive steel prices – to enter into discussions with it on ways to contain of steel costs and improve overall competitiveness. 

Solid handrail system launched

16th January 2004 The ever continuing need to reduce costs, yet still maintain quality and safety standards is prevalent in most industries, but especially so in the local mining and minerals-beneficiation industries. 

Intervention required for Mozambique factory

By: renay de     16th January 2004 A R1,1-million project for the structural steel work on the Mar 

Group achieves ISO 9001:2000

16th January 2004 The Cosira Group has again led the way, this time by becoming the first privately owned group in the structural steel fabrication industry to achieve ISO 9001:2000. 

Metals purchasing outside of South Africa angers industry

By: renay de     16th January 2004 French metals company Pechiney allegedly is looking to import steel from Canada for the critical elements of construction for the planned aluminium steel smelter at the Coega industrial development zone near Port Elizabeth, indicates Southern African Institute of Steel Construction (SAISC)... 

50t of stainless steel for brewery

By: renay de     16th January 2004 A complete turnkey brewery was recently built for Brewing Process Technology for export to Northern Angola by Falcon Engineering. 

Corrosion protection for KZN bridges

16th January 2004 More than 39 bridges on the Kwazulu-Natal South Coast are in the process of being rehabilitated by contractors Stefanutti & Bressan, under the direction of AA Loudon (Siyeza) consulting engineers, who approved the use of a migratory corrosion inhibitor (MCI) from StonCor Africa. 

Conveyor body also set to continue steel-price fight

By: Martin Czernowalow     12th January 2004 While gold-miners Harmony and Durban Roodepoort Deep (DRD) are preparing continue the steel-price fight, it seems likely that another complainant in the case will join the fray. 

Gold-miners prepare to continue steel-price fight

By: Terence Creamer     8th January 2004 Gold-miners Harmony and Durban Roodepoort Deep (DRD) will meet their legal advisers next week to decide whether to independently refer a complaint of excessive pricing by steel company Iscor to the Competition Tribunal. 

Steel pricing complaint not referred to tribunal

By: Terence Creamer     7th January 2004 The Competition Commission has decided not to refer four complaints of excessive pricing by steel producer Iscor to the Competition Tribunal and it is now up to the initial complainants to decide whether or not to take the case to the tribunal directly. 

Steel price probe decision expected soon

By: Terence Creamer     6th January 2004 The Competition Commission could decide as early as this week whether to refer complaints of alleged abuse of dominance and excessive pricing made against steel producer Iscor to the Competition Tribunal – and should any material issues arise it could affect the proposed acquisition of a... 

Company supplies 250 t of local steelwork to project

By: Helene Le Roux     12th December 2003 The detailed drawings, fabrication, corrosion-protection, erection and painting of part of the total structural steel needs for Sasol’s 15th air-separation unit (ASU) were supplied by Harrington Steel of Vereeniging, Gauteng. 

Austrian steel group upgrades Isando facility

By: Martin Zhuwakinyu     12th December 2003 Austrian-owned Bohler Uddeholm Africa, one of South Africa’s leading suppliers of tool steel and special steel, has commissioned two more state-of-the-art vacuum furnaces at its premises in Isando, on the East Rand, in a development which MD Helmut Ulrich says will shorten heat-treatment... 

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