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Carbon Steel News

Turkish steel makers eye exports to West Africa amid US tariff setbacks

By: Reuters     31st July 2018 Turkish steel makers are looking to expand in West Africa and other emerging markets in response to tariffs and planned quotas which threaten their sales to the United States and the European Union (EU), a senior sector official said. Namik Ekinci, board chairperson for the Turkish Steel Foreign... 

Global steel output jumps in H1 as strong margins tempt mills to ramp up

By: Reuters     26th July 2018 Global crude steel output, a gauge of economic health, rose 4.6% in the first half of this year versus the same period last year, as strong margins prompted mills in major producing countries to ramp up, industry data showed on Thursday. Crude steel production for the 64 countries reporting to... 

WTO chief sees trade war ending in political talks

By: Reuters     26th July 2018 The nascent global trade war will have to be ended by a political agreement between world leaders, because continuing down the current path will only damage the global economy, the head of the World Trade Organization said on Wednesday. WTO Director General Roberto Azevedo said that world leaders... 

South Africa 'collateral damage' in US-led global trading war – Davies

By: African News Agency      25th July 2018 South Africa has become "collateral damage" in the trading war involving mainly the United States, China, Canada and the European Union, with tariffs imports on its steel exports, Trade and Industry Minister Dr Rob Davies said on Wednesday. Global tensions have flared up as other countries hit... 

South Africa 'collateral damage' in US-led global trading war – Davies

Solidarity unhappy with AMSA's wage offer

By: Simone Liedtke     24th July 2018 Trade union Solidarity has called ArcelorMittal South Africa’s (AMSA’s) proposed wage offer for this year “nothing but a slap in the face of hard-working employees”. The union on Tuesday said AMSA had proposed an increase of 6.5% in its contribution to employees’ medical aids. 

Steel and aluminum import tariffs a big concern for industry – Busa

By: African News Agency      23rd July 2018 Business Unity South Africa (Busa) said on Sunday that it was very concerned about imminent job losses in the domestic steel and aluminium industry if the import duties imposed by the United States government succeed. Speaking during the session on South African investment opportunities at the... 

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... 

AMSA’s shares rise on expectations of lower losses

By: Creamer Media Reporter      19th July 2018 ArcelorMittal South Africa’s (AMSA’s) share price on the JSE rose by more than 12% on Thursday morning as the company announced that it expects to report a 25% to 30% narrowing in its losses a share for the six months ended June 30. The company’s loss a share is expected to decrease from the 203c... 

EU to curb steel imports after Trump tariffs

By: Reuters     18th July 2018 The European Union will launch measures on Thursday designed to prevent a surge of steel imports into the bloc following the US imposition of tariffs on incoming steel and aluminium, the EU's official journal said. The European Commission has proposed a combination of a quota and a tariff to... 

Numsa lodges wage dispute with AMSA

By: African News Agency      17th July 2018 The National Union of Metalworkers of South Africa said on Tuesday it had lodged a dispute at the Commission for Conciliation, Mediation and Arbitration (CCMA) against ArcelorMittal South Africa (AMSA) after reaching a deadlock in wage talks. The union is demanding an 11% wage increase across the... 

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... 

Shanghai rebar hits 10-month top as China's pollution fight intensifies

By: Reuters     12th July 2018 China's rebar steel futures rallied more than 3% to their highest in 10 months on Thursday amid potentially tighter supply as the government intensifies efforts to clean up its skies. China's cabinet launched on Wednesday a new cross-ministerial leadership group, headed by vice-premier Han Zheng,... 

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... 

US to initiate ‘exploratory talks’ on post-Agoa model at Washington forum

By: Terence Creamer     9th July 2018 United States Trade Representative (USTR) Robert Lighthizer will use this week’s African Growth and Opportunities Act (Agoa) Forum in Washington DC to initiate “exploratory talks” with African governments on a possible trade model that could be implemented when the unilateral programme expires in... 

US to initiate ‘exploratory talks’ on post-Agoa model at Washington forum
Photo by Bloomberg
US Trade Representative Robert Lighthizer

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... 

Agni Steel South Africa’s expansion approved

By: Nadine James     6th July 2018 The Eastern Cape Department of Economic Development, Environmental Affairs and Tourism has authorised the phase 2 and 3 expansion of steel recycling and processing company Agni Steel South Africa. Agni Steel’s plant is located in Zone 6 of the Coega Special Economic Zone. 

Africa expansion can boost local industry growth

By: Erin Steenhoff-Snethlage     6th July 2018 With South Africa being under new leadership since Cyril Ramaphosa became president, Alberton-based steel supplier and value-added processing company Allied Steelrode executive director Warne Rippon says that policy direction now finally appears to be heading in a positive and clear direction,... 

Africa expansion  can boost local  industry growth
WARNE RIPPON Slow and steady is the name of the game for the future of the steel industry

Hot dip galvanising offers significant cost savings, extends service life

6th July 2018 Steel is an ecofriendly construction material as it is durable and renewable, however, there is a need to extend the service life of the steel, which hot dip galvanising is well suited for, says Hot Dip Galvanizers Association Southern Africa (HDGASA). Hot dip galvanizing offers benefits... 

New division to focus on diversification, innovation

By: Erin Steenhoff-Snethlage     6th July 2018 Midvaal-based structural and reinforcing steel supply company Fabcon Steel is developing a new engineering division to diversify into different market segments. The company provides turnkey solutions based on engineering services, such as drawing, design and certification, followed by the actual... 

New division to focus on diversification, innovation
Andrew van Gool Fabcon Steel will focus on innovation, with its new division focused on specialised products

New range of ZAP fasteners released

6th July 2018 Johannesburg-based roofing, cladding and steel frame fastener supplier Kare Industrial Suppliers has introduced a new range of ZAP fasteners designed for fixing roof sheeting to light steel battens and purlins. Over the last few years, there has been an increase in the use of light steel battens... 

Seifsa expects 1.7% expansion in local steel industry

By: Erin Steenhoff-Snethlage     6th July 2018 Following its initial forecast of a 1.1% expansion of the metals and engineering cluster at the beginning of the year, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) says upon review, preliminary data now suggest a 1.6% expansion of the sector, with all sub-industries... 

Seifsa expects 1.7% expansion in local steel industry
Photo by Creamer Media
MICHAEL ADE The local steel industry should look to new markets in the rest of Africa, given existing logistics constraints to servicing external markets

Steel a sustainable choice for building addition

6th July 2018 Knysna-based light steel frame (LSF) construction company Rancor has completed the addition of a 570 m2 second floor to the Kaap Agri building in Paarl, Western Cape.  The requirements for the new structure were clear; it had to be cost-effective, comply with building regulations, be acoustically... 

Steel a sustainable choice for building addition
SUSTAINABLE BUILDING Rancor has completed the addition of the second floor to the Kaap Agri building in Paarl

Alternative solution for composite construction

By: Erin Steenhoff-Snethlage     6th July 2018 Construction industry supplier Hilti South Africa’s Hilti X-HVB system – an alternative composite deck shear connector – makes composite construction more convenient and cost effective, says Hilti South Africa head of engineering Christiaan Davel. Composite construction consists of a concrete... 

Alternative solution for composite construction
WELD FREE The Hilti X-HVB shear connector system does not require welding

EU countries set for vote on steel import curbs on Thursday

By: Reuters     5th July 2018 European Union countries will discuss and likely vote on Thursday on measures proposed by the European Commission to curb steel imports into the bloc, EU sources said. The Commission has proposed a combination of a quota and a tariff to prevent a surge of steel imports that is threatened, notably... 

KLT’s community partnerships in South Africa recipe for meeting global production standard

By: Anine Kilian     3rd July 2018 India-based automotive component manufacturer KLT Automotive and Tubular Products South Africa plans to add 1 000 people to its 900-strong work force in the next eight years. The company has a major contract with the Ford Motor Company of Southern Africa (FMCSA) for the Ford Ranger, and... 

KLT’s community partnerships in South Africa recipe for meeting global production standard

Tiso Blackstar to sell non-core steel subsidiary to Macsteel

By: Marleny Arnoldi     2nd July 2018 Publishing group Tiso Blackstar is in the process of selling 100% of the issued share capital of its non-core asset Consolidated Steel Industries (CSI) to Macsteel Service Centres South Africa.  

EU could have measures to curb steel imports by mid-July

By: Reuters     26th June 2018 The European Union could start measures by mid-July to curb steel imports, which could be surging due to US tariffs, EU Trade Commissioner Cecilia Malmstrom said on Tuesday. The European Commission launched an investigation into possible "safeguard" measures at the end of March. It is set to last... 

Selloff in iron-ore to rubber in China as US trade war widens

By: Reuters     19th June 2018 Prices of commodities from iron ore to rubber tumbled in China on Tuesday, with investor sentiment shaken by an intensifying trade war between Beijing and Washington that could hurt the world's No. 2 economy. The selloff also hit steel, copper, cotton and palm oil, as Chinese investors returned... 

Thyssenkrupp boards working hard to get Tata Steel deal-staff memo

By: Reuters     18th June 2018 Thyssenkrupp needs to quickly clinch a deal for a planned European steel joint venture with Tata Steel, its chief executive said in an internal letter, adding this was necessary to determine the group's long-term strategy. "Therefore we are in close consultations with the supervisory board,"... 

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

WTO deputy chief advises EU caution in response to US tariffs

By: Reuters     14th June 2018 There is no basis in World Trade Organisation rules for US tariffs on steel and aluminium, but the European Union should proceed cautiously when responding to the measures, WTO deputy director-general, Karl Brauner, told a German magazine. "I see no basis in WTO law for the tariffs imposed by the... 

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

China's Tsingshan mulls $1bn steel plant in Zimbabwe

By: Reuters     12th June 2018 China's unlisted Tsingshan Holding Group on Monday signed a $1-billion outline agreement with Zimbabwe to build a steelmaking plant there after completing a feasibility study. President Emmerson Mnangagwa's government is trying to woo foreign investors, especially in mining, as part of efforts to... 

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