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Aluminium News

EU trade chief hopeful of exemption from Trump tariffs

By: Reuters     22nd March 2018 European Trade Commissioner Cecilia Malmstrom expressed cautious optimism on Thursday that US President Donald Trump would exempt the European Union from import tariffs to be imposed on steel and aluminium. The United States is set to begin charging import duties of 25% on steel and 10% on... 

China partially wins WTO case over Obama-era US tariffs

By: Reuters     22nd March 2018 The US did not fully comply with a 2014 ruling against its anti-subsidy tariffs on a range of Chinese products, a World Trade Organisation compliance panel said in a ruling on Wednesday that either side can appeal within 20 days. The ruling came ahead of the White House's announcement on... 

China partially wins WTO case over Obama-era US tariffs

WTO members say US actions threaten trade body's credibility

By: Reuters     20th March 2018 Nearly 50 countries expressed concern on Tuesday about the "serious threat" to the World Trade Organisation posed by unilateral trade actions, a pointed reference to US import tariffs that have caused a global outcry. Delivering concluding remarks after a two-day informal meeting of the WTO... 

South Africa to make tariffs submission as Trump leaves door open for exclusions

By: Terence Creamer     9th March 2018 The Department of Trade and Industry (DTI) says it is studying US President Donald Trump’s proclamations to impose a new 10% tariff on aluminium products and a new 25% tariff on steel products from March 23. However, the department also confirmed that it would be making a formal submission to the... 

South Africa to make tariffs submission as Trump leaves door open for exclusions
Photo by Bloomberg
US President Donald Trump

WTO says there is still time to discuss US tariff move

By: Reuters     9th March 2018 World Trade Organization (WTO) members still have time to discuss the US tariffs on steel and aluminium imports signed by President Donald Trump on Thursday, and it is up to them what happens next, WTO spokesperson Dan Pruzin told reporters on Friday. "Certainly there is still time to discuss... 

EU warns Trump of trade war, China raises concerns at WTO

By: Reuters     7th March 2018 Europe and the IMF urged Donald Trump on Wednesday to step back from the brink of a trade war, after the resignation of his economic adviser emboldened those encouraging him to push ahead with tariffs on imported steel and aluminium. The departure of Gary Cohn, seen as a bulwark against Trump's... 

South African steel, aluminum firms watchful, but not overly anxious, as US tariff hikes loom

By: Terence Creamer     6th March 2018 South African steel and aluminium firms remain watchful and uncertain about the effects that a proposed increased US trade protection will have. However, the companies also indicate that they will seek to mitigate the risk through export diversification, as well as a continued focus on markets... 

South African steel, aluminum firms watchful, but not overly anxious, as US tariff hikes loom
US President Donald Trump

Europe's firm response to stop short of trade war with Trump

By: Reuters     2nd March 2018 The firm response Europe has pledged to planned US tariffs on steel and aluminium imports is likely to stop short of triggering the trade war that open market supporters fear. US President Donald Trump said on Thursday the United States would apply duties of 25% on imported steel and 10% on... 

Europe's firm response to stop short of trade war with Trump

Trump trade war talk spooks emerging stocks

By: Reuters     2nd March 2018 Emerging market stocks fell to two-week lows on Friday, with steelmakers taking a pounding after President Donald Trump said he would impose hefty tariffs on US imports of steel and aluminium, reviving fears of a trade war. Trump said the duties of 25% on steel and 10% on aluminium would be... 

US steel, aluminium execs invited to White House for possible announcement

By: Reuters     1st March 2018 Several top US steel and aluminium executives have been invited to the White House on Thursday for what could be a major trade announcement, according to two people familiar with the meeting. US President Donald Trump has vowed to take steps to crack down on imports of steel and aluminium and has... 

Hulamin delivers strong FY17 sales, sees possible upside to proposed US tariff increases

By: Megan van Wyngaardt     26th February 2018 The proposed aluminium import tariffs that are currently being considered by US President Donald Trump's administration could have a positive impact on South African aluminium products manufacturer Hulamin's operations, CEO Richard Jacob said on Monday. Speaking to Engineering News Online in a... 

Hulamin delivers strong FY17 sales, sees possible upside to proposed US tariff increases

EU warns it will retaliate if hit by US trade curbs

By: Reuters     22nd February 2018 The European Commission said on Tuesday it had expressed its concern to Washington about possible measures to curb imports of steel and aluminium and warned that it was ready to react if its industry was hit. "We have made it clear to the US administration at the highest level that we would be... 

Any US tariffs could spark trade war, cut growth, Germany says

By: Reuters     15th February 2018 The German chamber of commerce said on Wednesday that US import tariffs on steel could trigger a trade war with major trading partners, which analysts say could cut growth in Europe's largest economy by up to one percentage point. US President Donald Trump said on Tuesday he was considering a... 

Sasol Chemicals completes alumina capacity expansion project in Germany

By: Megan van Wyngaardt     14th February 2018 Sasol Chemicals' inorganics and catalyst division has completed a 15 000 t/y expansion of alumina capacity at its  Brunsbuettel site, in Germany, enabling the company to meet growing global demand. The expansion involved debottlenecking the alumina slurry feed capacity by installing an additional... 

Stronger rand deals blow to Hulamin's FY17 earnings

By: Megan van Wyngaardt     6th February 2018 Despite achieving record sales volumes of 233 000 t for the 2017 financial year, local aluminium supplier Hulamin's operating profit is expected to dip below that of the prior year, owing to the significantly stronger rand. "The strengthening of the currency had a negative effect on profits,... 

Stronger rand deals blow to Hulamin's FY17 earnings

MEIBC changes welcome, but should take employer into consideration

By: Megan van Wyngaardt     23rd January 2018 Although the Metal and Engineering Industries Bargaining Council (MEIBC) main agreement negotiation process, that took place from June to August last year, was riddled with technical issues and procedural hurdles, the extension to all nonparty employers and employees falling within the scope of... 

Davos paper attacks Trump's views on trade

By: Reuters     17th January 2018 US President Donald Trump's view of world trade will be challenged next week when he visits the World Economic Forum (WEF) at Davos, judging by a paper seen by Reuters on Wednesday that is aimed squarely at his "America First" stance. The "Strategic Brief on Misconceptions around Trade Balances"... 

Steel tycoon considers bid for Rio Tinto's Dunkirk aluminum smelter - sources

By: Reuters     14th December 2017 Liberty House, the industrial and commodities group buying a number of steel assets around the world, is considering a bid for Rio Tinto's aluminium smelter in northern France, the largest in Europe, three sources with direct knowledge of the matter told Reuters. The Dunkirk plant, which the... 

1 000 locally manufactured valves sold to aid electrical power distribution

By: Nadine James     10th November 2017 National research institution Council for Scientific and Industrial Research’s (CSIR’s) collaboration with valve manufacturer Paltechnologies (Paltech) has led to the first locally manufactured aluminium valve. To date, about 1 000 butterfly valves, each 80 mm in diameter, have been manufactured... 

1 000 locally manufactured valves sold to aid electrical power distribution
PALTECH BUTTERFLY VALVE Forms part of a number of products selected by Eskom for localisation

Seifsa ‘cautiously optimistic’ following improved PMI

By: Creamer Media Reporter      1st November 2017 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) is “cautiously optimistic” about the sector’s performance, in light of data released by the Absa Purchasing Managers' Index (PMI),  which indicates an improvement in activity in the manufacturing sector. This was the... 

Insimbi’s H1 earnings rise

By: Anine Kilian     19th October 2017 JSE-listed Insimbi Refractory and Alloys’ earnings before interest, taxes, depreciation and amortisation increased by 273% year-on-year to R179.8-million for the six months ended August 31. Earnings a share were up by 142% year-on-year to 11.97c and headline earnings a share increased by 150%... 

Absa PMI rises slightly in September; remains below 50

By: Anine Kilian     2nd October 2017 The Absa Purchasing Manager’s Index (PMI), compiled by the Bureau for Economic Research (BER), nudged slightly higher to a still weak level of 44.9 in September from 44 in August. The index has been well below its neutral level of 50 for four consecutive months. 

Metalworkers to intensify wage strike at South32 smelter in South Africa

By: African News Agency      2nd October 2017 The National Union of Metalworkers of South Africa (Numsa) on Monday vowed to intensify the strike against Australian miner South32 in Richards Bay, KwaZulu-Natal, after a marathon negotiation session to resolve the strike was deadlocked. The global mining company has an aluminium smelter in... 

Aluminium company achieves positive results

29th September 2017 Aluminium supplier and exporter Hulamin delivered a strong manufacturing performance and improved financial results for the half-year ended June 30, despite difficult market conditions and the rand being 14% stronger compared with the corresponding period in 2016, says Hulamin CEO Richard Jacob.... 

Aluminium company achieves positive results
Photo by Bloomberg
STRONG RESULTS Aluminium supplier and exporter Hulamin’s unaudited interim results for the half-year indicated noteworthy headline earnings a share up 17% to 56c a share

Recovery rate growth lies in metals from landfills

By: Tasneem Bulbulia     29th September 2017 With South Africa already boasting a recovery rate of about 72% for used beverage cans, metals packaging industry body MetPac-SA believes that further potential lies in diverting other metal packaging such as aluminium foil, containers and empty tin cans from landfills. “With regards to aluminium... 

Recovery rate growth lies in metals from landfills
CAN-DO ATTITUDE Many households in South Africa already undertake excellent work in recycling components such as beer and soft drink beverage cans

Company provides solutions to facilitate progress in industry

29th September 2017 Aluminium has a “brilliant” future, as the light-weight material offers impressive solutions for sustainable mobility, durable packaging or urban construction projects, and the SMS group is perfectly positioned to further growth, avers systems supplier SMS group aluminium business head Michael... 

Company provides solutions to facilitate progress in industry
MICHAEL SCHÄFER The aluminium industry benefits from the fact that the SMS Group knows its material, its products and all its complex production processes

Welding company aims to bridge skills gap

By: Nica Schreuder     15th September 2017 Despite challenging economic conditions and a dire lack of welding skills, steel welding and fabrication service provider Federal Steel Company is committed to welding skills development initiatives that will expand nationally. Federal Steel Company MD Phakamile Buthelezi explains that the lack... 

Welding company aims to bridge skills gap
PHAKAMILE BUTHELEZI The Federal Steel Company has invested in initiatives to monitor and facilitate the proper training of young artisans

Organisation advocates a local recycling culture

By: Nadine James     8th September 2017 Despite numerous recycling initiatives and incentives in communities across the country – including collection points in close proximity to neighbourhoods – metal packaging recycling organisation MetPac-SA believes that an inherent recycling culture still needs to be established in South Africa.... 

Organisation advocates a local recycling culture
ONE MAN'S TRASH Aluminium and metal cans are regarded as high-value items by recyclers

Products ensure safety in offshore operations

By: Marleny Arnoldi     4th August 2017 In the marine and offshore environment, metal corrosion is a major cost and safety factor. Steel gratings, stair treads, pressed floors and safety handrails manufacturer Vital Engineering offers a range of products designed to counter the effects of corrosion in maritime environments.  

Products ensure safety in offshore operations
CORROSION CONTROL Vital Engineering’s fibreglass gratings are manufactured with continuous glass fibre strands interwoven in both directions with thermosetting resins

PMI, weaker rand does not bode well for manufacturing – Seifsa

By: Natasha Odendaal     2nd August 2017 The poor performance of Absa’s July Purchasing Managers’ Index (PMI) and the weakening of the rand will place continued pressure on the manufacturing sector, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) said on Wednesday. The seasonally adjusted Absa PMI declined by... 

Absa PMI falls further to 42.9 in July

1st August 2017 The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined by a further 3.8 points to 42.9 in July, with all five of the major subindices having declined in July. The seasonally adjusted business activity index was under the most pressure, declining by 6.1 index points to a 39.3. The... 

Numsa warns ‘intransigent’ employers in engineering sector of possible strike 

By: African News Agency      18th July 2017 The National Union of Metalworkers of South Africa (Numsa) on Tuesday slammed “intransigent” employers in the engineering sector and warned of a “total shutdown” in the industry. This comes after Numsa declared a dispute with employers in the engineering sector following deadlock in wage... 

Impending strike could lead to more retrenchments in steel industry, Solidarity warns

By: Anine Kilian     17th July 2017 Trade union Solidarity on Monday said the impending strike in the steel industry would have a negative impact, both on the domestic steel industry and the country’s economy, as well as on job opportunities in the sector. This comes after the South African Federation of Trade Unions (Saftu) had... 

Seifsa appoints new economists

By: Anine Kilian     17th July 2017 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has appointed Dr Michael Ade chief economist and Marique-Mari Kruger economist with effect from July 17 and August 1, respectively. Ade will join Seifsa from the South African Revenue Service where he is capacity director... 

CSIR collaboration leads to the first locally manufactured aluminium valve

By: Creamer Media Reporter      7th July 2017 The Council for Scientific and Industrial Research’s (CSIR’s) collaboration with local butterfly valve manufacturer Paltechnologies (Paltech) has resulted in the successful development of a standard 80 mm diameter aluminium butterfly valve for use on electrical power transformers. The Paltech... 

Industry trends shift towards efficient, intelligent strategies

By: Tasneem Bulbulia     9th June 2017 The main feature of global demand for energy is a shift to maximising efficiency through delivering energy at the lowest cost per kilowatt per hour, says independent process industry consultant Santosh Gunpath. He tells Engineering News that this was evident from his interactions with industry... 

Industry trends shift towards efficient, intelligent strategies
Photo by Bloomberg
EFFICIENCY PRIORITISED With energy integral to every process, the objective should be to maximise the efficiency of delivering the necessary energy at the lowest cost per kilowatt per hour

Industry teams up to craft road map for ‘a million new manufacturing jobs’  

By: Terence Creamer     29th May 2017 Manufacturing associations across a range of subsectors, including plastics and packaging, chemicals, agroprocessing and steel have endorsed a Manufacturing Circle-led initiative, designed to find ways of creating an additional one-million manufacturing jobs in South Africa. Manufacturing Circle... 

Industry teams up to craft road map for ‘a million new manufacturing jobs’
Manufacturing Circle chairperson André de Ruyter explains the ‘Map-to-a-Million’ initiative. Camera Work & Editing: Nicholas Boyd.

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