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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

AMSA to report interim profit

By: Marleny Arnoldi     23rd July 2021 Primary steel producer ArcelorMittal South Africa (AMSA) expects to report headline earnings a share of R1.76 for the six months ended June 30. This marks an improvement of at least 186% on the headline loss a share of R2.39 posted in the prior comparable six months.  

Metals make climate change mitigation possible – Citi Research 

By: Martin Creamer     23rd July 2021 In a rapid electrification scenario, metals have the ability to bring about the reduction of close to 1 000 gigatonnes (Gt) of global greenhouse gas (GHG) emissions by 2050, Citi Research states in a note that examines the metals industry’s potential contribution to climate change mitigation over... 

Commission conditionally approves Bright Minerals, Mogale merger

By: Simone Liedtke     23rd July 2021 The South African Competition Commission has conditionally approved the proposed merger whereby miner Bright Minerals intends to acquire ferrochrome producer Mogale. Mogale was previously owned by Nasdaq- and London-listed specialist alloy producer Afarak Group, which placed its South African... 

On-The-Air (23/07/2021) 

By: Martin Creamer     23rd July 2021 Helping the planet to fight climate change is now reflected in the product line up of Anglo American; South Africa’s top mining think tank this week called on the industry to stop the killing of valuable jobs; and Small investors are being blocked from allowing vital exploration to get off the... 

Seifsa reaches agreement with CEO to ‘mutually separate’

By: Marleny Arnoldi     23rd July 2021 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has announced that its CEO Kaizer Nyatsumba has left the organisation to focus on his consulting company KMN Consulting. Seifsa had placed him on precautionary suspension early in May, pending an investigation of sorts,... 

Partnership drives decarbonisation through circular market ecosystem

23rd July 2021 Diversified major Rio Tinto and automation specialist Schneider Electric have signed a memorandum of understanding for a first of its kind collaboration to develop a circular and sustainable market ecosystem for both companies and their customers. This multi-product partnership will see Schneider... 

Iron-ore price makes for positive outcomes

23rd July 2021 South African iron-ore miners are doing very well, with the iron-ore price currently at an all-time high, says portfolio manager, Mandi Dungwa, from specialist investment firm Kagiso Asset Management. Although China accounts for more than 65% of iron-ore demand – making it home to some of the... 

Condra to deliver two cranes to KZN rubber processing factory

By: Natasha Odendaal     23rd July 2021 Condra Cranes is preparing to deliver two overhead cranes to the work the floor area of Paragon Steel Structures’ soon-to-be-completed rubber processing factory in the KwaZulu-Natal Midlands. The two overhead cranes, which were ordered in April, will be delivered in September, with installation... 

Oitis onshore wind farm complex, Brazil

By: Sheila Barradas     23rd July 2021 Iberdrola, through its subsidiary Neoenergia is developing the Oitis wind farm complex, in Bahia, which will have an installed capacity of 566.5 MW. 

Zincodic ISO 12944 IM3 4000hrs zinc cathodic coating - Principal Manufacturer 

22nd July 2021 Zincodic creates locally manufactured, environment-friendly corrosion protection products of the highest quality.  

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