R/€ = 17.28 Change: -0.03
R/$ = 15.50 Change: -0.16
Au 1794.69 $/oz Change: -50.15
Pt 1023.50 $/oz Change: -20.50

Press Office - 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.


Ageing water infrastructure requires urgent maintenance

Updated 6 hours ago Local municipalities are going to have to commit to major investment in water and wastewater treatment works, in addition to a need for urgent proactive maintenance of ageing infrastructure. “The demand for clean water will continue to increase as more and more people move to cities due to... 

Kumba lifts 2021 production by 9%, achieves fifth year of fatality-free production

By: Donna Slater     27th January 2022 JSE-listed iron-ore miner Kumba Iron Ore increased its production by 9% in 2021, with 40.9-million tonnes mined as volumes recovered following the Covid-19 impacts of 2020, and plant reliability improved. For the fourth quarter of 2021, the miner produced 9.7-million tonnes.  

Macsteel business launched to support construction industry

By: Schalk Burger     26th January 2022 Steel products distributor Macsteel has established Macsteel Foundation Solutions, which provides customers in the construction industry with steel-based construction and innovative lateral support services and products The new business is part of the company’s strategy to reimagine and... 

Green primary iron could help South Africa offset fall in coal export revenues – study 

By: Terence Creamer     26th January 2022 Producing carbon-free primary iron in South Africa using green hydrogen direct reduced iron (GHDRI) technology could create a new globally competitive green export industry that could help offset the losses associated with the eventual decline in coal exports, a new study shows. Such exports... 

Zutari assists FirstRand to achieve a 4 Green Star rating at 8 Merchant Place

26th January 2022 Identifying the need to improve the quality of its employees’ work-life balance, financial group FirstRand planned to achieve this by providing wellness and lifestyle facilities within the existing Merchant Place campus in Sandton, Johannesburg. Leading consulting engineering and infrastructure... 

Global steel production increased by 3.7% y/y in 2021

By: Schalk Burger     26th January 2022 World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) reached 1.95-billion tonnes in 2021 – a 3.7% year-on-year increase. China produced 1.03-billion tonnes – a 3% year-on-year decline. 

MSI assists young people with business development skills

By: Yvonne Silaule     25th January 2022 The Mpumalanga Stainless Initiative (MSI) will from next week run an entrepreneurship programme to assist young people to effectively start businesses or scale up existing small businesses into high-growth ventures, through structured entrepreneurship training. MSI is a nonprofit technology... 

AMSA’s shares rise on expected earnings rebound

By: Tasneem Bulbulia     25th January 2022 Steel producer ArcelorMittal South Africa’s (AMSA’s) share price on the JSE rose by more than 18% on January 25 after the company reported that it expects to report a significant improvement in earnings for 2021. AMSA expects to report earnings a share of between R5.80 and R6.10 for the year... 

Redevelopment of the Polokwane Eastern Ring-Road

25th January 2022 The Polokwane Eastern Ring-road is an outer ring road that circles the city of Polokwane. The existing two-lane, single carriageway road was developed to a four-lane dual carriageway. This allows traffic to travel the Eastern Ring Road around Polokwane, instead of going through the Central... 

Iron-ore futures rise as miners face labour shortage in Australia

By: Reuters     25th January 2022 Iron-ore futures in China and Singapore rose on Tuesday after miner Fortescue Metals Group raised concerns over a labour shortage in Australia because of Covid-19 curbs, which could hamper output and shipments of the steelmaking ingredient. Bigger rivals BHP Group and Rio Tinto have also warned... 

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