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Carbon Steel News

Global steel output up 6.3% y/y in August

By: Creamer Media Reporter      22nd September 2017 Global crude steel production for the 67 countries reporting to the World Steel Association (worldsteel) increased by 6.3% year-on-year to 143.6-million tonnes in August. China’s crude steel output increased by 8.7% year-on-year to 74.6-million tonnes, while India’s output increased by 4.1%... 

The graphite fix: Inside China's newest commodity addiction

By: Reuters     21st September 2017 China's aggressive environmental protection campaign has tightened supplies of graphite electrodes used in steelmaking, boosting the fortunes of big producers like Fangda Carbon as mills search far and wide for a material now in short supply. Beijing's campaign for clearer skies has closed... 

Seifsa supports Empowered Engineering and Manufacturing initiative

By: Creamer Media Reporter      20th September 2017 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has partnered with Smart Procurement World to launch the Empowered Engineering and Manufacturing initiative, which is aimed at driving economic transformation and industrial progress in engineering and manufacturing. “The... 

Thyssenkrupp considered breakup before plumping for Tata JV

By: Reuters     20th September 2017 German industrial group Thyssenkrupp considered options including a breakup of the company before deciding to pursue a European steel joint venture with Tata Steel, it said on Wednesday. "Before deciding on a joint venture the Thyssenkrupp executive board examined and worked out all the available... 

Thyssenkrupp works council softens opposition to Tata Steel deal

By: Reuters     19th September 2017 Thyssenkrupp's works council is prepared to consider a merger of the group's European steel operations with those of Tata Steel, even though it remains opposed to such a move as a way to restructure the business. "Negotiations will be difficult," Wilhelm Segerath, head of Thyssenkrupp's works... 

South Africa’s collective bargaining system on a knife-edge

By: Terence Creamer     15th September 2017 South Africa’s centralised collective bargaining system is at a critical “turning point”, with the sustainability of the current model being widely questioned in light of growing opposition to the extension of wage settlements to non-parties to the negotiations. Steel and Engineering Industries... 

South Africa’s collective bargaining system on a knife-edge

Improving manufacturing value-add key to a more equal society

By: Natasha Odendaal     14th September 2017 The revival and expansion of the manufacturing sector could play a critical role in South Africa’s challenging battle against deepening levels of inequality. High levels of manufacturing value add (MVA) can unlock opportunities for employment and greater equality in a country that suffers high... 

Improving manufacturing value-add key to a more equal society
Photo by Duane Daws
Dr Martyn Davies

China steel, iron-ore climb as traders restock for peak season

By: Reuters     13th September 2017 Iron-ore futures in China jumped more than 2% on Wednesday, rising with steel prices for a second day as traders build stocks to cash in on the peak season for demand in the world's top steel market. Chinese steel demand picks up in September and October after the summer lull as construction... 

Task team set up to address lack of adherence to local-content regulations

By: Terence Creamer     12th September 2017 Trade and Industry Minister Dr Rob Davies reports that a task team has been established to assess how to improve local-content enforcement across government departments and the State-owned companies (SoCs) in line with instruction notes issued by the National Treasury. The instruction notes... 

Task team set up to address lack of adherence to local-content regulations
Photo by Duane Daws
Trade and Industry Minister Dr Rob Davies

China steel, iron-ore drop for 5th day; but outlook still upbeat

By: Reuters     11th September 2017 Chinese iron-ore futures fell to their weakest level in almost a month on Monday, dropping for a fifth session along with steel prices as investors pared positions in the two commodities although the outlook for demand remained bright. The losses were in line with a retreat in other China-traded... 

Shareholders urge Thyssenkrupp to get on with Tata Steel deal

By: Reuters     8th September 2017 Thyssenkrupp shareholders are urging the group to clinch a deal with Tata Steel to merge their European steel businesses this year, warning failure to do so would be a blow to its credibility. Talks between the two firms over a potential combination have been dragging on for a year and a half,... 

Voestalpine's Texas plant reopens after hurricane shutdown

By: Reuters     8th September 2017 Austrian specialty steelmaker Voestalpine said on Friday its direct reduction plant in Texas had fully resumed operation after it was shut down for several days due to hurricane Harvey. The $1 billion plant in Corpus Christi, Voestalpine's largest foreign investment so far, opened in October 2016... 

Thermal spray coatings provide protection for refineries

     8th September 2017 Thermal spray coatings can produce significant cost savings for refineries by reducing the amount of piping maintenance required to guard against the consequences of corrosion under insulation (CUI), says wear solutions provider Weartech director Adam Wintle.  

Thermal spray  coatings provide  protection for refineries
PROTECTIVE LAYER Coatings produced with thermal spraying are formed when millions of particles are deposited on top of each other and are bonded to the substrate

Brazil watchdog arm recommends rejecting ArcelorMittal-Votorantim tie-up

By: Reuters     6th September 2017 A body of Brazil's antitrust watchdog Cade has recommended the rejection of ArcelorMittal's proposed acquisition of Votorantim Siderurgia, saying the tie-up would impact competition in the nation's long steel market. In a statement on Tuesday, Cade's general superintendency said the merger of two... 

Germany's Salzgitter has no plans to close US factories – CEO in Die Welt

By: Reuters     31st August 2017 German steelmaker Salzgitter is not planning to close factories in the United States, where it is suffering from import duties that were slapped on some of its products, the group's chief executive told a German newspaper. In March, the US Department of Commerce issued a final finding that... 

China's R&F to invest up to $2bn to revive Zimbabwe steelmaker Zisco – Minister

By: Reuters     31st August 2017 China's R&F plans to invest up to $2-billion to revive operations at Zimbabwe Iron and Steel Company (Zisco), the southern African nation's industry and commerce minister said on Tuesday. Saddled by high debt and gross mismanagement, Zisco ceased production in 2008 at the height of Zimbabwe's... 

New Transnet, DBSA finance scheme set up to support African rail exports

By: Terence Creamer     28th August 2017 State-owned entities Transnet and the Development Bank of Southern Africa (DBSA) have agreed to create a new facility that will extend favourable financing to African and Middle Eastern buyers of Transnet Engineering’s (TE’s) rail rolling stock and port equipment. The financing scheme will be... 

New Transnet, DBSA finance scheme set up to support African rail exports
Photo by Duane Daws
Transnet chief officer in advanced manufacturing Thamsanqa Jiyane

AMSA’s new incubator to develop industrialists for its procurement supply chain 

     24th August 2017 ArcelorMittal South Africa has completed the first phase of its new 1 600 m2 Matlafatso steel industry incubation hub, in Vanderbijlpark, to help develop and absorb young emerging industrialists into its procurement supply chain. Natasha Odendaal tells us more. 

AMSA’s new incubator to develop industrialists for its procurement supply chain
Amsa’s new incubator to develop industrialists for its procurement supply chain

Global steel production up 6.3% y/y in July

By: Creamer Media Reporter      24th August 2017 Global steel production increased by 6.3% year-on-year to 143.2-million tonnes in July. The World Steel Association (worldsteel) on Thursday reported that China’s crude steel production had increased by 10.3% year-on-year to 74-million tonnes, while India’s output increased by 3.5% year-on-year... 

Carbon capture tech will recycle ferroalloys sector’s emissions

     18th August 2017 South African green-technology company Swayana is collaborating with US-based carbon recycling company LanzaTech to introduce its proprietary carbon capture technology to South Africa. Swayana, a level 2 broad-based black economic-empowerment company established in 2016, uses carbon-footprint... 

Carbon capture tech will recycle ferroalloys sector’s emissions
IMMITATION GAME LanzaTech’s Chinese facility will produce fuel grade ethanol from captured steelmaking off-gas and Swayana hopes to implement this strategy in South Africa

Solidarity warns of ‘major impact’ should AMSA proceed with job cuts

By: Terence Creamer     16th August 2017 Trade union Solidarity has confirmed receipt of a Section 189A retrenchment notice from steel producer ArcelorMittal South Africa (AMSA) and has indicated that it will enter negotiations with the company to ensure alternatives to retrenchments are considered. On Tuesday, AMSA announced that it... 

Solidarity warns of ‘major impact’ should AMSA proceed with job cuts

Cliffs Natural Resources reverts to original Cleveland-Cliffs name

By: Henry Lazenby     15th August 2017 US iron-ore specialist Cliffs Natural Resources has renamed the company to its historical name Cleveland-Cliffs, as part of celebrating its 170th anniversary, the company announced on Tuesday. Under the name Cleveland-Cliffs, the company has been operating for decades as an important part of the... 

AMSA initiates retrenchment talks as it pushes ahead with restructuring plan

By: Terence Creamer     15th August 2017 Steel producer ArcelorMittal South Africa (AMSA) announced on Tuesday that it had initiated consultations with employees regarding its proposed business-restructuring programme, which could result in job losses. CEO Wim de Klerk said in a statement that it was premature to provide an estimate as... 

AMSA initiates retrenchment talks as it pushes ahead with restructuring plan
Photo by Duane Daws
AMSA CEO Wim de Klerk

Highveld to pursue safeguard protection on heavy structural steel products 

By: Terence Creamer     14th August 2017 Highveld Steel, which recently reopened its heavy structural mill in Mpumalanga despite still being in business rescue, has welcomed the institution of 10% import-duty protection on certain heavy steel sections and shapes. However, CEO Johan Burger tells Engineering News Online that Highveld... 

Highveld to pursue safeguard protection on heavy structural steel products
Photo by Duane Daws
Highveld's recently reopened structural mill

Safeguard duties on hot-rolled steel coil and plate officially come into force

By: Terence Creamer     11th August 2017 Safeguard duties of 12% have been officially placed on hot-rolled coil (HRC) and plate entering South Africa following publication of the August 11 Government Gazette, which amends schedule two of the Customs and Excise Act. The safeguard duties have been signed by Finance Minister Malusi Gigaba... 

Safeguard duties on hot-rolled steel coil and plate officially come into force

Furnaces and kilns manufacturers are feeling the heat

By: Tasneem Bulbulia     11th August 2017 Furnaces and kilns manufacturers are taking strain, as with many other industries, owing to financial difficulties amid the current economic climate, says furnaces and kilns manufacturer Van Tuyls director and owner Richard McCullough. McCullough indicates that the number of manufacturers in the... 

Furnaces and kilns manufacturers are feeling the heat
UNDER PRESSURE Manufacturers of furnaces and kilns are are changing their products and diversifying into new markets both locally and internationally

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... 

Restructuring of Scaw into three standalone entities at an advanced stage 

By: Terence Creamer     31st July 2017 South Africa’s State-owned Industrial Development Corporation (IDC) announced on Monday that the restructuring of its steel subsidiary Scaw Metals into three standalone entities was at an advanced stage, as were plans to secure strategic equity partners (SEPs) for each of the units. Speaking at... 

Restructuring of Scaw into three standalone entities at an advanced stage
IDC CEO Geoffrey Qhena on the envisioned end-State for Scaw Metals. Camera Work: Nicholas Boyd. Editing: Lionel da Silva. Recorded: 31.7.2017

Eskom tariffs in AMSA’s action plan crosshairs as losses spike  

By: Terence Creamer     27th July 2017 Steel producer ArcelorMittal South Africa (AMSA) will approach the National Energy Regulator of South Africa (Nersa) directly with a request for discounted electricity tariffs as part of a multi-pronged business sustainability action plan unveiled after the JSE-listed group slumped to a... 

Eskom tariffs in AMSA’s action plan crosshairs as losses spike
AMSA CEO Wim de Klerk on seeking a new electricity tariff deal from Eskom and Nersa. Camera Work & Editing: Darlene Creamer. Recorded: 27.7.2017

No local-content verification of Transnet locomotives conducted yet, SABS confirms 

By: Terence Creamer     26th July 2017 The South African Bureau of Standards (SABS) has confirmed with Engineering News Online that it has not conducted any verification of local content in the 1 064 locomotives being acquired by Transnet and that it also does not have an agreement with Transnet to do so. Transnet awarded the... 

No local-content verification of Transnet locomotives conducted yet, SABS confirms

Global steel output up 3.2% y/y in June

     20th July 2017 Global steel production rose by 3.2% year-on-year to 141-million tonnes in June, the World Steel Association (worldsteel) has reported. This brought global steel output for the six months to June 30 to 836-million tonnes, a 4.5% year-on-year increase. 

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... 

Solidarity ready to pursue bilateral talks to avoid metals sector strike

By: Terence Creamer     13th July 2017 Trade union Solidarity announced on Thursday that it would pursue bilateral talks with employer organisations in the metals and engineering sector in a bid to break a three-week deadlock in wage negotiations. Talks at the Metal and Engineering Industries Bargaining Council (MEIBC) broke down on... 

Solidarity ready to pursue bilateral talks to avoid metals sector strike

AMSA unveils first phase of incubation hub to support emerging industrialists

By: Natasha Odendaal     7th July 2017 Steel producer ArcelorMittal South Africa (AMSA) on Friday unveiled the completed first phase of its new 1 600 m2 steel industry incubation hub, in Vanderbijlpark, which has been set up to help develop industrialists to be absorbed into its procurement supply chain. The R30-million Matlafatso... 

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