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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

FLSmidth in talks to buy Thyssenkrupp's mining unit

By: Reuters     15th January 2021 FLSmidth is in negotiations with German engineering group Thyssenkrupp to acquire its mining business, the Danish mining equipment maker said on Friday. The negotiations are at a non-binding stage, FLSmidth said, and there can be no assurance as to their result. 

Abeco Builds its Biggest Tank in Africa

By: Creamer Media Reporter      15th January 2021 Abeco Tanks is making waves in the African water storage market as they announce having just completed their biggest tank in Africa. The tank - equivalent to two tennis courts in surface area - holds a whopping 5.8 Million litres of water and together with a 3 million litre supplementary tank... 

Philippines' Duterte stops mining on 'devastated' southern island

By: Reuters     12th January 2021 Philippine President Rodrigo Duterte has ordered a halt to all mining on an island in a southern province that is home to some of the country's nickel projects, a Cabinet official said on Tuesday. Duterte was "very much concerned" about reports that the Tumbagan Island in Languyan, in Tawi-Tawi... 

Ongoing innovation in the ever-changing world

8th January 2021 For National Operations and Sales Manager at Hawk Pumps, Troy Mokawem, no day is quite the same. As a supplier of a number of spraying and high-pressure pumping products, customer requests are often out of the ordinary. And innovation is all in a day’s work. Troy says, “We recently received a... 

Steel supply squeeze continues for downstream firms 

By: Terence Creamer     7th January 2021 South Africa’s downstream fabricators and manufacturers are continuing to experience difficulties in securing steel and are also confronting rising prices, which could be partly attributed to the throttling of supply over the past few months. The Department of Trade, Industry and Competition... 

Load turning with maximum safety

5th January 2021 Every so often, users of indoor cranes are faced with the complex task of not only lifting and horizontally moving heavy components such as press tools, machine beds or special containers, but turning them, too. In order to enhance safety during this process Demag has introduced a new standard... 

Aluminium complex greases: why they make excellent multifunctional lubricants

4th January 2021 While no grease can truly be an “all-purpose” lubricant, aluminium complex grease is a valuable multifunctional, multipurpose product. Since they first came into the market in the 1960s, they have undergone numerous improvements, especially in terms of water resistance and thermal and mechanical... 

Rio strikes carbon deals

By: Esmarie Iannucci     16th December 2020 Diversified miner Rio Tinto has pledged $10-million to research low carbon steel making projects in China, while also inking a memorandum of understanding (MoU) for a similar investment in Japan. The miner on Wednesday said that it has committed to invest $10-million with China Baowu Steel... 

Rio Tinto willing to help improve iron-ore pricing system - China steel body

By: Reuters     15th December 2020 Miner Rio Tinto is willing to work with iron-ore consumers to review the pricing mechanism for the steelmaking ingredient, the China Iron & Steel Association (CISA) said, as near-record high prices squeeze margins at Chinese mills. CISA recently called on regulators in China, the world's top... 

Mining and Metals Blockchain Initiative launches proof of concept platform to trace emissions

By: Creamer Media Reporter      15th December 2020 The World Economic Forum’s (WEF's) Mining and Metals Blockchain Initiative (MMBI) has released a proof of concept that uses distributed ledger technology to track embedded greenhouse-gas emissions. The successful completion of the proof of concept, named the Carbon Tracing (COT) Platform will be... 

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