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Press Office - Macsteel

Macsteel

Macsteel has a rich legacy that spans 116 years.  Over this time, we have proudly become Africa's leading manufacturer, merchandiser and distributor of steel and value-added steel products with an extensive product portfolio, stockholding and robust infrastructure.  Our technical competencies and our continuous improvement initiatives have ratified our status as the pre-eminent supplier of steel products on the continent. The foundation of Macsteel now focuses on six primary pillars, with Macsteel Trading incorporating four business divisions under one pillar.  The 6 primary pillars operate through a strategic network of over 40 service centres, branches and warehouses. This enables us to provide customers exceptional levels of personalised services through the entire steel supply chain.
 

Topic

Tribunal gives go-ahead for eSwatini-based forestry merger

By: Marleny Arnoldi     26th February 2021 The Competition Tribunal has approved a merger between Shiselweni Forestry Company and Peak Timber and Peak Forest Products (PFP). The tribunal did, however, stipulate conditions related to the sawn and untreated mining timber, final product mining timber, untreated transmission poles, building... 

Ocean energy fund expected to boost sector

By: Donna Slater     19th February 2021 Ocean energy professional network Ocean Energy Europe (OEE) has appointed risk and insurance consultancy Renewable Risk Advisers to carry out the design of a brand new European and European Union-funded insurance fund for the ocean energy sector as part of the OceanSET project. The project is... 

Steel baron Eric Samson dies

By: News24Wire      20th January 2021 Steel magnate Eric Samson, best known for building Macsteel into one of South Africa's largest companies, has died aged 83.   The octogenarian billionaire – who shied away from the spotlight throughout his life – died in Newport, California. He had a career spanning more than five decades in the... 

DTIC approves R50m for Phase 1 revitalisation of Dimbaza industrial park

By: Yvonne Silaule     15th October 2020 The Department of Trade, Industry and Competition has approved R50-million for the first phase of the revitalisation of the Dimbaza industrial park, in the Eastern Cape, as part of the process of the National Revitalisation of Industrial Parks Programme. The revitalisation work includes the... 

Stewarts & Lloyds relaunches retail store in Booysens

By: Halima Frost     4th September 2020 Steel and tube supplier Stewarts & Lloyds Booysens branch manager Ryan Purdon tells Engineering News & Mining Weekly that the group plans to open its Booysens-based retail store, at the end of the month.   “Stewarts & Lloyds anticipates that the brand-new retail store, which embodies a new look... 

Wescoal develops SOPs, COPs for Covid, expects upcoming loss

By: Martin Creamer     15th June 2020 Coal-mining and trading company Wescoal on Monday voluntarily updated shareholders on its operations, strategic projects and milestones as well as its quarterly production and sales figures from its operating assets. Wescoal stated that it was in the process of finalising its results for the year... 

Corobrik’s face bricks used to create homes in Roodepoort’s Princess Plots Informal Settlement

17th March 2020 The first phase of the Princess Plots Informal Settlement Upgrade Project has seen 281 homes handed over to residents in this Roodepoort-based settlement, with the construction incorporating Corobrik’s dynamic Fynbos Geel and Fynbos Rooi clay face bricks. The project, which got underway in 2014,... 

Commission recommends tribunal approve Barnes Reinforcing buyout

By: Marleny Arnoldi     24th January 2020 The Competition Commission has recommended to the Competition Tribunal that it approve a proposed transaction whereby Barnes Group Holdings intends to acquire Barnes Reinforcing (BRI). Barnes Group manufactures steel tubes, pipes, black galvanised wire, and fencing posts and gates, as well as... 

Cimic wins Rio contracts

By: Esmarie Iannucci     20th December 2019 Mining major Rio Tinto has awarded some A$150-million worth of contracts to ASX-listed mining contractor Cimic’s subsidiary CPB Contractors. CPB Contractors will deliver three separate packages of work at Robe Valley, in the Pilbara region of Western Australia, worth approximately $150 million,... 

Illegal miners at KCC operations remain dispersed – Katanga

By: Mariaan Webb     18th December 2019 Glencore subsidiary Katanga Mining, which trades on the TSX, has installed nearly 20 km of new perimeter security fencing at its Komoto Copper Company (KCC) site in the Democratic Republic of Congo (DRC), where at least 41 illegal miners died earlier this year when part of the copper and cobalt... 

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