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Press Office - Macsteel

Macsteel

Macsteel is Africa’s leading merchandiser and distributor of steel and value-added steel products. Consisting of eight dynamic business units and operating from a network of more than 60 branches and warehouses, Macsteel supplies the entire sub-Saharan geographic region with the full range of carbon steel, special steel, stainless steel, aluminium and value-added steel products and processes to all sectors of industry.

Tel:  011 871 0000
Fax:  011 823 3860
Website:  www.macsteel.co.za
Email:  info@macsteel.co.za

Topic

China iron ore futures pick up after factory activity unexpectedly expands

By: Reuters     31st March 2020 Chinese iron-ore futures picked up in early trade on Tuesday, rising more than 1% on demand hopes after the world's second-biggest economy reported an unexpected growth in its factory activities in March. China's official Purchasing Managers' Index (PMI) jumped to 52 this month from a record low... 

Seifsa encourages re-industrialisation, development of artisans

By: Donna Slater     30th March 2020 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) says that while South Africa remains a dual economy with one of the highest levels of inequality in the world, part of addressing the unemployment challenge can be tackled through re-industrialisation of its economy.... 

Ultra-high capacity bulk bag filling system

27th March 2020 A new sanitary bulk bag filling system from Flexicon features dual SWING-DOWN™ fillers fed by high capacity weigh hoppers, achieving fill rates of up to 40 bulk bags per hour. The patented filler design simultaneously lowers and pivots each fill head into a vertically-oriented position that... 

Covid-19 to further weaken US coal demand in an already diminishing market

By: Marleny Arnoldi     27th March 2020 US domestic demand for thermal coal will fall during the second quarter of the year as individual states shut down much of the industrial economy to try and stem the spread of Covid-19. This is according to Moody’s Investors Service, which states that, in broader terms, the global economy will... 

Zimbabwe cuts rates, miners send coronavirus distress signals

By: Reuters     27th March 2020 Zimbabwe's central bank cut its main lending rate to 25% on Thursday and set a fixed exchange rate as part of measures to support the economy against the coronavirus pandemic. The Chamber of Mines, which represents major mining companies in the country, said mineral production could fall 60% in... 

Steel vs plastic water tanks

26th March 2020 Water scarcity and water stress is a reality for South Africans; people are turning to water storage tanks to help with short-term solutions to minimise interruption of their water supply. Water tanks are used to store large quantities of water for many different reasons, including agricultural... 

Concrete Reservoirs Vital During Drought, Says The Concrete Institute

12th March 2020 The devastating drought in many parts of South Africa has increased awareness about the need for effective water storage, particularly in rural areas. "It is therefore important that more rural local authorities realise that even relatively small concrete water reservoirs, strategically placed,... 

Transnet bemoans cable theft at Pretoria Complex, rolls out diesel locos 

By: Marleny Arnoldi     12th March 2020 Another incident of overhead cable theft at State-owned Transnet’s Pretoria Complex has further crippled the group’s Transnet Freight Rail (TFR) subsidiary’s ability to deliver goods to customers on time. It said in a release on Wednesday that the Pretoria Complex, which is one of the country’s... 

BHP is world’s most valuable mining brand, but loses strongest title to Rio Tinto

By: Creamer Media Reporter      12th March 2020 Global mining group BHP has retained the title of the world’s most valuable mining, iron and steel brand, despite recording a 3% drop in brand value to $5.8-billion. This is according to the latest report by brand valuation consultancy Brand Finance, which highlights that BHP’s brand value was... 

Top-mounted level indicator

By: Creamer Media Reporter      11th March 2020 WIKA’s model UTN top-mounted level indicator consists of a measuring chamber, a float with guide rod and a magnetic system. Mounting onto the vessel is made via appropriate process connections (flanged or threaded). The permanent magnetic system, which is connected to the float via a guide rod,... 

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