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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

GWM’s new P Series bakkie set for November local launch

By: Irma Venter     19th October 2020 Haval Motors South Africa (HMSA) has announced that the GWM P Series bakkie will make its local debut in late November. HMSA says the P Series will be available in 16 derivatives in South Africa and other countries in the Southern African Development Community, including single and double cabs,... 

Princess Elizabeth Drydock recommissioned after upgrades

By: Marleny Arnoldi     16th October 2020 The Transnet National Ports Authority (TNPA) has successfully recommissioned the Princess Elizabeth Drydock, at the Port of East London. This follows the completion of two priority capital projects valued at more than R60-million that will "usher in a new era of optimised growth for the historic... 

Business welcomes recovery plan, but urges swift implementation 

16th October 2020 Organised business formations have responded to the Reconstruction and Recovery Plan released by President Cyril Ramaphosa on October 15. On the whole, business has welcomed the plan, including the fact that it embraces many of the recommendations made to government by the social partners through... 

Report discusses challenges, options as world continues to drive decarbonisation agenda 

By: Simone Liedtke     16th October 2020 While the global shift from fossil fuels to renewables is helping new ecosystems and technologies to emerge, many of the pursued steps towards decarbonisation pose unique challenges. Many participants in the energy and resources industries have declared an intention to become carbon neutral by... 

China bans Australian coal imports as political relations sour

By: Bloomberg     12th October 2020 China has suspended purchases of Australian coal, according to people familiar with the order, as Beijing continues to tightly control imports of the fuel amid soured political relations with Canberra. Chinese power stations and steel mills have been verbally told to immediately stop using... 

Sedibelo Platinum Mines closer to finding listing date – Frandsen  

By: Martin Creamer     5th October 2020 The unlisted Sedibelo Platinum in South Africa’s North West province is closer to finding a listing date, says Pallinghurst managing partner and co-founder and Sedibelo chairperson Arne Frandsen, who is absolutely bullish about the prospects for platinum group metals (PGMs) in the medium to long... 

Consultant emphasises importance of careful selection of galvanised steel sheet for light metal frame structures, roofing

By: Simone Liedtke     1st October 2020 Careful selection of continuously galvanised steel sheet products can help to avoid premature corrosion of roofing and cladding on buildings, says galvanising consultant Terry Smith. Continuously galvanised sheet is produced in a hot-dip galvanising process, after which it may be further coated... 

Top steel producer commits to zero emissions by 2050

By: Mariaan Webb     30th September 2020 ArcelorMittal on Wednesday announced a group-wide commitment to being carbon neutral by 2050, building on the commitment made in 2019 for its European business to reduce emissions by 30% by 2030, and be carbon neutral by 2050. “As the world’s leading steel company, we believe we have a... 

Cleveland-Cliffs CEO says focus after ArcelorMittal deal is emissions

By: Bloomberg     29th September 2020 The head of Cleveland-Cliffs sees an “era of clean steel” ahead, and its main focus will be on cutting carbon emissions as it expands production of the metal with a second major acquisition this year. Cliffs, which on Monday said it will purchase the US operations of ArcelorMittal for... 

Iron-ore extends gains as Vale halts Viga plant operations

By: Reuters     29th September 2020 Iron-ore futures rose on Tuesday after miner Vale said it was suspending operations at a concentration plant in Brazil, though trading was subdued as market activity winds down ahead of China's October 1-8 National Day holidays. The steelmaking ingredient's most-traded January 2021 contract on... 

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