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Aluminium News

Trade war could knock 3% off global GDP – Bank of France study

By: Reuters     20th July 2018 An international trade war with wide-ranging tariff hikes could cut global gross domestic product by as much as three percent, according to a study by the French central bank on Thursday. The direct impact of a generalised 10 percentage point increase in import tariffs could alone knock 1% off... 

Davies concerned about extension of US tariffs to autos and auto parts

By: African News Agency      16th July 2018 South Africa’s steel and aluminium exports to the United States does not pose any threat to US national security, says Trade and Industry Minister Dr Rob Davies. Davies was speaking during bilateral meetings in Washington DC with US Trade Representative Ambassador Robert Lighthizer, US Secretary... 

Davies concerned about extension of US tariffs to autos and auto parts
Trade and Industry Minister Dr Rob Davies

China June aluminium, steel exports rise as trade row intensifies

By: Reuters     13th July 2018 China's aluminium exports exceeded half a-million tonnes for only the second time ever in June as stronger international than domestic prices encouraged overseas shipments, while steel exports hit an 11-month high, defying US tariffs. China is the world's biggest producer of both steel and... 

Switzerland launches WTO action over US steel, aluminium tariffs

By: Reuters     10th July 2018 Switzerland has launched a complaint at the World Trade Organization against US tariffs on steel and aluminium, it said on Tuesday, the eighth WTO member to start such a challenge. "From Switzerland's point of view, the additional duties, which according to the US have been introduced to protect... 

Nissan admits to more testing misconduct for cars sold in Japan

By: Reuters     9th July 2018 Nissan Motor said on Monday it had improperly measured exhaust emissions and fuel economy for 19 vehicle models sold in Japan, the second case in less than a year where misconduct has been discovered in its inspection processes. Nissan said it had found sample test environments for emissions and... 

Moody’s warns of credit implications for Africa as China shifts to consumption-led growth

By: Simone Liedtke     3rd July 2018 China's shift to consumption-led growth will have mixed credit implications for African sovereigns, flattening the trade volumes of oil and ferrous metal exporters, while benefitting other exporters and tourist destinations, Moody's Investors Service said in a report published on Tuesday. "China... 

Improved quality and productivity reduce production costs

15th June 2018 As the leading supplier of gases and welding equipment and machinery in sub-Saharan Africa, industrial gases company Afrox continues to provide innovative welding solutions to the Southern African market by introducing new products and technology. The latest of these is welding equipment... 

Improved quality and  productivity reduce  production costs
MULTIPURPOSE PIPE WELDING SOLUTION Miller Electric’s PipeWorx process improves quality and productivity

Industry body assumes consultancy role in DHET initiative

By: Halima Frost     15th June 2018 The Southern African Institute of Welding (SAIW) has been appointed by the Department of Higher Education and Training (DHET) to act as the consultants in the welding aspect of the Centres of Specialisation Programme. Higher Education and Training Minister Naledi Pandor outlined in March that the... 

Industry body assumes consultancy role in DHET initiative
SEAN BLAKE A good skills set, local labor and governments investment are what is needed

Supplier outlines simple welding equipment compliance test

By: Halima Frost     15th June 2018 Power tool and hardware wholesaler Matus has introduced a two-year guarantee on all its Matweld welding machines, which contrasts with the industry norm of one year. “The testing of our Matweld range is done in compliance with ISO standards and we take pride in the fact that we can offer the... 

Supplier outlines simple welding equipment compliance test
ALL IN ONE UNIT 500 A Inverter MIG welder supplied by Matweld complete with a separate wire feeder

Technology at the fore

By: Halima Frost     15th June 2018 Various speakers discussed new technologies and applications in the thermoplastic welding industry at the Thermoplastics Welding Technology Day, hosted by industry body Plastics SA last month. The discussions ranged from single-user welding technology to new applications (apps) revolutionising... 

Technology at the fore
PRODUCTS ON DISPLAY The new Hurner Smartline butt welding machine and clamp was on show

Govt commits to saving jobs in steel industry 

By: African News Agency      13th June 2018 The South African government said on Tuesday that it will continue to work with the steel industry towards averting job losses in the sector, adding that it has put in place measures to save the steel industry from collapsing.  This emerged when officials from the Department of Trade and Industry... 

Govt commits to saving jobs in steel industry

IMF's Lagarde says global economic outlook darkening by the day

By: Reuters     12th June 2018 International Monetary Fund (IMF) chief Christine Lagarde led an attack by global economic organisations on US President Donald Trump's "America First" trade policy on Monday, warning that clouds over the global economy "are getting darker by the day". Trump backed out of a joint communique... 

IMF's Lagarde says global economic outlook darkening by the day
Photo by Reuters
IMF MD Christine Lagarde

Germany sees no quick solution to trade row with US, open to talks

By: Reuters     11th June 2018 Germany sees no immediate solution to the trade dispute between the United States and other major economies but remains open to talks "among friends", Economy Minister Peter Altmaier said on Monday, seeking to head off a full-blown global trade war. US President Donald Trump backed out of a joint... 

Decline in machine tools indicative of manufacturing state

By: Halima Frost     8th June 2018 Although machine tools are the backbone of most industries, their market volume has decreased by 30% a year in the past three years, reflecting the state of the manufacturing sector, says Machine Tool Merchants Association (MTMA) chairperson Paul Savides. “It seems as if we are already 20% down... 

Decline in machine tools indicative of manufacturing state
MACHINES ON DISPLAY Machine tools on display at the Machine Tool Africa Expo hosted by MTMA

Supplier expanding its tools range

By: Halima Frost     8th June 2018 Machine Tool and Metrology equipment supplier WD Hearn will exclusively distribute and service coordinated measuring machines (CMM) from LK Metrology – formerly known as Nikon Metrology. WD Hearn have also been appointed sole agents for ANCA CNC Machines in South Africa who manufacture CNC Tool &... 

Supplier expanding its tools range
RECENT RELEASE The Leadwell BC-600 5-axis Long Table Machining, is available in 3+2 and 5-axis simultaneous configurations

Technology revolutionises machine tools industry

By: Halima Frost     8th June 2018 Additive manufacturing, which includes the use of three-dimensional and computer-aided-design to make stronger and more reliable components for the machine tool industry, has revolutionised the machine tool industry, says machine tools supplier Reliable Technical Consultants (Retecon). Retecon... 

Small machines with big capabilities

By: Halima Frost     8th June 2018 Global machine tool supplier Hurco’s BX40i double-column, bridge-type machine, originally launched in 2016, has been upgraded to service a variety of trades, from general manufacturing to highly specialised industries such as the aerospace sector. The stability of the double-column design and the... 

Small machines with big capabilities
STABILITY PROVIDING ACCURACY The BX40i meets the needs of any high-speed machining application.

LME says plans to launch about 15 new contracts in January 2019

By: Reuters     7th June 2018 The London Metal Exchange (LME) plans to launch around 15 new contracts from next January, including cash-settled cobalt and hot-rolled coil steel contracts, an executive said on Wednesday. "We will put in place the technical capabilities by November and then we'll launch them from January,"... 

Solidarity launches four-pronged steel industry initiative amid global steel crisis

By: Schalk Burger     5th June 2018 Trade union Solidarity on Tuesday launched a four-pronged initiative to address and mitigate the impacts of the global steel crisis on local steel producers in an attempt to save jobs and local manufacturing capacity. Solidarity deputy general secretary for metals engineering Marius Croucamp... 

Solidarity launches four-pronged steel industry initiative amid global steel crisis
The old Evraz Highveld Steel and Vanadium plant in eMalahleni

EU initiates WTO case against US steel, aluminium tariffs – WTO official

By: Reuters     1st June 2018 The European Union on Friday submitted a request for consultations with the United States on steel and aluminium tariffs announced by Washington, a first step in the WTO dispute settlement process, a World Trade Organization official said. "The WTO Secretariat has received the EU request for... 

South African steel companies urged to diversify markets in wake of US tariff setback

By: Kim Cloete     31st May 2018 South African steel companies need to continue to look for new markets, particularly in Africa, following the recent setback in which the US government decided not to grant South Africa an exemption on steel and aluminum tariffs, says Economic Development Minister Ebrahim Patel. “We will need to... 

South African steel companies urged to diversify markets in wake of US tariff setback
Economic Development Minister Ebrahim Patel

Europe will give determined response to any US tariffs – Merkel

By: Reuters     31st May 2018 German Chancellor Angela Merkel said on Thursday that the European Union would give a "smart, determined and jointly agreed" response if the United States decides to impose tariffs on European steel and aluminum imports. "We don't know the decision yet but if tariffs were to be imposed, then we... 

Macron calls for complete overhaul of world trade rules, WTO reform

By: Reuters     30th May 2018 French President Emmanuel Macron urged the world's biggest economic powers to start talks to reform the World Trade Organization (WTO) to prevent current tensions from spiralling into trade wars. "This is about a complete update of global competition rules," Macron said in a speech on... 

Manufacturing sector investment to remain stable in Q2 – Manufacturing Circle  

By: Anine Kilian     29th May 2018 The Manufacturing Circle Investment Tracker (MCIT) for the first quarter of this year shows there has been investment into the manufacturing sector in the past 15 months, but that investment is declining. Presenting key findings of the MCIT, in Centurion, on Tuesday, Manufacturing Circle... 

Manufacturing sector investment to remain stable in Q2 – Manufacturing Circle
Manufacturing sector investment to remain stable in Q2 – Manufacturing Circle

Germany's Merkel laments fraying of multilateral order 

By: Reuters     28th May 2018 Germany is worried by signs of weakening in the network of multilateral organisations and agreements designed to foster international cooperation, Chancellor Angela Merkel said on Monday. Merkel blamed the fraying of the multilateral order on a "double transition" - the gradual fading of the... 

EU starts new investigation into steel imports from China

By: Reuters     24th May 2018 The European Commission has opened an investigation into hot-rolled steel sheet piles imported from China to determine whether they are being dumped in Europe, according to a notice in the EU Official Journal on Thursday. The investigation into a form of steel used in construction was launched... 

India takes US steel tariffs complaint to the WTO

By: Reuters     23rd May 2018 India has launched a complaint against the US to challenge President Donald Trump's tariffs on steel and aluminium, a filing published by the World Trade Organization (WTO) showed on Wednesday. Indian officials told Reuters last month that their government would open a WTO dispute if the... 

Japan, Russia, Turkey bring potential US tariff retaliation to $3.5bn

By: Reuters     22nd May 2018 Japan, Russia and Turkey have warned the United States about potential retaliation for its tariffs on steel and aluminium, the World Trade Organization said on Tuesday, bringing the total US tariff bill to around $3.5-billion annually. The three countries detailed their compensation claims in... 

Solidarity announces action plan on US steel, aluminium import tariffs

By: Marleny Arnoldi     14th May 2018 Trade union Solidarity on Monday announced an action plan in response to the decision by the US not to grant the South African steel and aluminium industry exemption from import tariffs on steel and aluminium.  

AMSA liquid steel production increases by 5.9% in Q1

By: Simone Liedtke     11th May 2018 ArcelorMittal South Africa’s (AMSA’s) liquid steel production increased by 5.9% to 71 000 t in the three months ended March 31. The higher output was mainly owing to higher production at its Vanderbijlpark Works and Saldanha Works, which was partly offset by lower long products output following... 

South Africa to continue lobbying US for exemption on steel, aluminium tariffs

By: African News Agency      10th May 2018 South Africa will continue talks with the United States in a bid to get concessions on import tariffs on aluminium and steel, Communications Minister Nomvula Mokonyane said on Thursday. Briefing journalists on the outcomes of Wednesday's fortnightly cabinet meeting, Mokonyane said government was... 

How Trump's steel tariffs kick the can business

By: Reuters     10th May 2018 Dan Vincent is in a bind. The president of Pacific Coast Producers (PCP) plans to use around 700-million tin-coated steel cans this year for tomatoes, peaches and pears from 168 growers here in California. 

Subramanian resigns as AMSA CFO

By: Marleny Arnoldi     8th May 2018 Dean Subramanian will step down as executive director and CFO of ArcelorMittal South Africa (AMSA) on July 31, to pursue an opportunity outside the company.  

Tariff war could derail global recovery – ECB

By: Reuters     7th May 2018 Protective tariffs imposed by the US in recent months have only had a minor impact on the world economy but a significant escalation in tensions could derail the recovery in global trade, the European Central Bank (ECB) said on Monday. Retaliation and a full fledged trade war could increase... 

Hulamin responds to US import tariff, says markets for niche products strong

By: Simone Liedtke     4th May 2018 South Africa’s exclusion from a list of countries exempted from tariffs imposed by the US on steel and aluminium imports should not have an immediate impact on local producer Hulamin, but it has increased long-term risks, the JSE-listed company said on Friday.  Hulamin, whose share price has... 

South Africa views itself as ‘collateral damage’ in global trade war

By: Terence Creamer     2nd May 2018 Department of Trade and Industry (DTI) believes South Africa has become “collateral damage in the trade war of key global economies” after the country was excluded from a list of countries exempted from tariffs imposed by the US on steel and aluminium imports. While insisting that the country... 

South Africa views itself as ‘collateral damage’ in global trade war
US President Donald Trump

Hulamin chair steps down

By: Simone Liedtke     30th April 2018 Mafika Mkwanazi has resigned as chairperson of aluminium supplier and exporter Hulamin, with effect from April 26. Thabo Leeuw, who has served on the board as an independent nonexecutive director since 2007, has succeeded Mkwanazi. 

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