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Steel

Stainless consumption continues to grow

29th May 2003 South African stainless steel consumption continued its double-digit growth with an 11% improvement in apparent consumption to 154 000 t during 2002. 

Acerinox to invest €300m in 2003

29th May 2003 Spanish stainless steel maker Acerinox said yesterday it planned to invest €300-million ($354-million) this year to increase production, mostly in the US. 

Iscor, Numsa differ strongly on strike impact

28th May 2003 Steel producer Iscor and metalworkers union Numsa have expressed vastly conflicting opinions regarding the effectiveness of strike action, which kicked off yesterday. 

Production normal despite strike - Iscor

27th May 2003 Steel giant Iscor reports that production was running normally at all its steel plants, notwithstanding the fact that a number of Numsa members have downed tools. 

Stainless body backs capital-goods sector

20th May 2003 The Southern Africa Stainless Steel Development Association (Sassda) has embarked on a programme to develop the South African stainless steel capital equipment supply sector into a globally competitive leader, through its fabricating sub-sector the South African Stainless Steel Fabricating... 

Columbus awards line upgrade contract

19th May 2003 Stainless steel producer Columbus Stainless – part of the Acerinox group – has awarded a contract to upgrade its Anneal and Pickling Line No 2, in Middleburg, South Africa, to VAI UK, the UK-based subsidiary of Voest-Alpine Industrieanlagenbau. 

Construction of Richards Bay ferrochrome plant by year-end

By: Martin Zhuwakinyu     16th May 2003 India’s Tata Steel has earmarked November this year as the tentative starting date for construction of its planned high-carbon ferrochrome plant in Richards Bay, which is scheduled for commissioning by March 2005. 

Case made for digital loadcells on weighbridges

By: Deborah Spicer     9th May 2003 Companies may be using weighbridges which are defective if they use analogue loadcells, warns Chris Black, a marketing agent for Libra Measuring Instruments (LMI), the only manufacturer of digital loadcells in the country. 

TFM Industries

9th May 2003 TFM Industries is a specialist manufacturer of load bodies for commercial vehicles. 

Union threatens strike at Iscor

30th April 2003 The National Union of Metalworkers of South Africa (NUMSA) said yesterday it planned a strike against Iscor, if the steel company failed to address all "unresolved issues" by May 5. 

Four technologies under review for new briquetted iron project

By: Deborah Spicer     25th April 2003 Consulting firm Hatch Africa is doing a feasibility study on the proposed hot-briquetted-iron (HBI) plant that is to be built in Saldanha Bay or in Kathu, the metropolitan area in which Sishen resides. 

Higher steel prices buoy Iscor, outlook blurred

25th April 2003 South Africa's largest steel producer, Iscor, yesterday said its third-quarter operating profit more than tripled thanks to higher steel prices. 

Columbus improves, but hit by stronger rand - Acerinox

24th April 2003 Spanish stainless steel maker Acerinox said on Wednesday its first-quarter net profit fell 13.8 percent year-on-year to €38,64-million ($42,32 million) but rose 64,1 percent from the fourth quarter of 2002. 

Company developing expanded metal product business abroad

By: candice haase     18th April 2003 A company well-versed in the manufacture and application of expanded metal products has the ability not only to pioneer the development of applications for its product, but also to make recommendations where expanded metal can be applied. 

Trident boosts its shaped-blanks capacity

15th April 2003 A subsidiary of Aveng – Trident Steel – has taken the lead in the South African steel supply industry, by installing a new press-line that will not simply supply sheet material, but will rather produce shaped blanks for vehicle manufacturers in South Africa. 

Price of auto steel rises by 14,3% in 2003

By: Terence Creamer     11th April 2003 Progress has been made in the long-running dispute between steel producer Iscor and the South African automotive industry over the issue of price increases for 2003. However, a model for future price adjustments has yet to be agreed. 

LNM confirmed as world steel No 2

9th April 2003 Figures released by the International Iron and Steel Institute (IISI) for 2002 show that, with an annual output of 34.8m metric tonnes of crude steel, the LNM Group has become the world’s second largest steel company. 

Price of auto steel rises by 14,3% in 2003

By: Terence Creamer     4th April 2003 Progress has been made in the long-running dispute between steel producer Iscor and the South African automotive industry over the issue of price increases for 2003. 

War impacts structural steel demand

4th April 2003 The Southern African Institute of Steel Construction (SAISC) has revised the anticipated demand for structural steel, following the slowdown of world economies and the anticipated effect of the Iraq war. 

Steel demand grew 17,7% in 2002

1st April 2003 Total domestic carbon steel sales increased by 17,7% in 2002 compared with 2001, says the South African Iron and Steel Institute (SAISI). 

Flowmeter specialist finds a measuring solution at steel mill

By: Helene Le Roux     21st March 2003 At the beginning of the year, Iscor’s steel mill, Saldanha Steel, in the Western Cape commissioned four of flowmeter specialist company Chlorine and Flow Technologies’ (C&F’s) flowmeters on its electrical arc furnaces. 

New R65m steel-beneficiation plant for Saldanha

By: Terence Creamer     21st March 2003 The steel division of construction and steel company Aveng will begin construction of a R65-million steel-beneficiation plant downstream of Saldanha Steel and Duferco at Saldanha Bay in the Western Cape within the next month. 

Stakeholders meet to drive downstream exports

By: Terence Creamer     14th March 2003 The South African government is working with the steel industry in a bid to help boost the export of value-added steel products – an area that has remained stagnant for a number of years. 

Engineering landmark could have global contracting spin-offs

14th March 2003 The Nelson Mandela Bridge is emerging as a new Gauteng landmark, holding out the promise of a rejuvenated Johannesburg inner city. But its innovative execution may also create global spin-offs for the contractors involved. 

Austrian firm punts iron technology for SA

By: Terence Creamer     14th March 2003 Austrian industrial services and technology company Voest-Alpine Industries is convinced that there is significant potential in South Africa for the conversion of iron-ore fines into much-sought-after hot briquetted iron (HBI), and is optimistic that the Finmet technology of VAI might find... 

Austrian group punts iron technology in SA

By: Terence Creamer     14th March 2003 Austrian industrial services and technology company Voest-Alpine Industries is convinced that there is significant potential in South Africa for the conversion of iron-ore fines into much-sought-after hot briquetted iron (HBI), and is optimistic that the Finmet technology of VAI might find... 

New R65m steel-beneficiation plant for Saldanha

By: Terence Creamer     12th March 2003 The steel division of construction and steel company Aveng will begin construction of a R65-million steel-beneficiation plant downstream of Saldanha Steel and Duferco at Saldanha Bay in the Western Cape within the next month. 

Steel sector recovery remains fragile

By: Terence Creamer     10th March 2003 It is remarkable what a period of just one year can have on the fortunes of a cyclical commodity such as steel. At the beginning of last year, steel prices were languishing at between $150/t and $170/t; lows previously witnessed three decades earlier, and well below the cost of production of... 

Metals summit likely to have a job focus

By: Terence Creamer     10th March 2003 The long-awaited metals-sector summit is likely to take place in the second half of this year, with preparations beginning to pick up pace following some initial delays. 

Consolidation still the preferred restructuring plan

7th March 2003 In an industry where overcapacity and market indiscipline dominates, the most obvious advice is for rationalisation and consolidation. 

Auto industry a potential growth area for steel

7th March 2003 South Africa has a low-cost primary steel base, but sectors further beneficiating basic iron and steel have not performed to their full potential, a new report commissioned by Creamer Media’s Research Unit confirms. 

Structural steel sector set for recovery

7th March 2003 The structural steel sector, which experienced massive contraction in the?1990s as demand shrank due to low levels of infrastructure spending by government and private firms, appears set for a recovery. 

Fragile Recovery

7th March 2003 It is remarkable what a period of just one year can have on the fortunes of a cyclical commodity such as steel. At the beginning of last year, steel prices were languishing at between $150/t and $170/t; lows previously witnessed three decades earlier, and well below the cost of production of... 

Steel price battle to rage in 2003

7th March 2003 Undoubtedly, the hottest topic of conversation in steel circles last year was pricing – and the debate will surely not die in 2003. 

Domestic demand shows robust growth

7th March 2003 Iron and steel production underpins many areas of the economy. 

Metals summit likely to have a jobs focus

7th March 2003 The long-awaited metals-sector summit is likely to take place in the second half of this year, with preparations beginning to pick up pace following some initial delays. 

Engineering sector says budget will stimulate growth

28th February 2003 In his National Budget speech, the South African Minister of Finance, Trevor Manual, highlighted government’s efforts over the past 10 years to promote sound economic governance, which has laid the groundwork for sustainable growth in South Africa in contrast to the currently deteriorating... 

China closes steel polluters

25th February 2003 One of China's biggest steel makers and Beijing's biggest polluters, Shougang Group, has closed one of its steel plants to help clean the air ahead of the 2008 Olympic Games, State media said. 

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