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Carbon Steel News

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... 

Numsa warns of imminent metals, engineering industry strike

By: Megan van Wyngaardt     7th July 2017 The National Union of Metalworkers of South Africa (Numsa) on Friday warned of an imminent strike in the local metals and engineering sector, after the latest round of negotiations reached a deadlock on Thursday. The union is demanding a two-year 15% wage increase across the board, based on the... 

Locally produced engineering steel declining

By: Nica Schreuder     7th July 2017 It has become cheaper to import finished products manufactured  overseas  than to manufacture engineering steel in the country, which has resulted in more than half the country’s foundries closing down, laments specialised steel and industry expertise company Special Steels MD Byron Ferguson. He... 

Locally produced engineering steel declining
HIGH PROFILE Hydraulic cyclinder components being cut from a 300 mm carbon steel plate at Special Steels

Argent’s FY profit increases to R106m

By: Megan van Wyngaardt     29th June 2017 Steel-based beneficiation group Argent Industrial on Thursday reported a R106-million operating profit for the year ended March 31, up from R91-million in the prior year. The JSE-listed company said this was despite its manufacturing division being adversely impacted on by the downturn in the... 

Neasa, AMSA at odds over service delivery and import duties

By: Megan van Wyngaardt     28th June 2017 The National Employers Association of South Africa (Neasa) has accused steel manufacturer ArcelorMittal South Africa (AMSA) of inadequate service delivery, following a survey polling some of the country’s downstream steel companies. Neasa CEO Gerhard Papenfus said in a statement released... 

Neasa, AMSA at odds over service delivery and import duties

Numsa reiterates demands as it prepares for further negotiations in metals, engineering sector

By: Anine Kilian     27th June 2017 The National Union of Metalworkers of South Africa (Numsa) has confirmed it will participate in further meetings with employers in the metals and engineering sector to resolve a wage disputes. Further negotiations will take place on June 28 and 29, and again on July 5 and 6. 

Musina Intermodal Terminal to improve cross-border trade

By: Schalk Burger     26th June 2017 The Musina Intermodal Terminal (MIT), launched on Monday, is set to reduce the cost of cross-border trade, especially for bulk commodities, on the North-South trade corridor. The terminal, about 3 km outside Musina and about 13 km from the Beitbridge border post, will serve to move commodities,... 

Musina Intermodal Terminal to improve cross-border trade
Photo by Duane Daws
Trade and Industry Minister Dr Rob Davies is taken on a tour of the Beitbridge Border Post on Monday

The story behind the partial restart of Highveld Steel 

22nd June 2017 There are some signs of life at the vast Highveld Steel complex, in Mpumalanga, where all production at was halted in 2015 after the country’s second-largest steelmaker was placed into business rescue. 

The story behind the partial restart of Highveld Steel
The story behind the partial restart of the Highveld Steel

Transnet denies claim that no CSR locomotives made in South Africa 

By: Terence Creamer     21st June 2017 State-owned freight logistics group Transnet has described as “inaccurate” the claim that none of the locomotives procured from China South Rail (CSR) have been manufactured locally. Research commissioned by independent economic research institution Trade and Industrial Policy Strategies (TIPS)... 

Transnet denies claim that no CSR locomotives made in South Africa

Numsa deadlock on wage agreement with employers in engineering sector

By: African News Agency      21st June 2017 The National Union of Metalworkers of South Africa (Numsa) said on Wednesday that wage negotiations and employers in the engineering sector have deadlocked after the union rejected the 5.3% wage increase earlier this month. Numsa has been meeting employers under the auspices of the bargaining... 

South Africa’s steel production fell 3.5% y/y in May

By: Megan van Wyngaardt     21st June 2017 World crude steel production reached 143.3-million tonnes in May, a 2% year-on-year increase, the World Steel Association (worldsteel) reports. South Africa’s output, however, dropped by 3.5%, from 581 000 t in May 2016, to 561 000 t, indicating the ongoing challenges facing the local steel... 

Eskom downgrade has AMSA CEO worried about steel

By: Anine Kilian     14th June 2017 With ratings agency Moody’s Investors Service cutting State power utility Eskom’s credit to two notches below investment grade on Wednesday, ArcelorMittal South Africa (AMSA) CEO Wim de Klerk expressed his concern about the downgrade’s impact on the local steel industry. Addressing delegates at a... 

Eskom downgrade has AMSA CEO worried about steel
ArcelorMittal South Africa CEO Wim de Klerk

Steel industry needs to pull together to fight import risks 

By: Anine Kilian     14th June 2017 In light of the recently implemented safeguard duty on hot-rolled steel, continued collaboration among stakeholders is necessary to protect the steel industry against the influx of steel imports, said consulting firm XA International Trade Advisors director Donald Mackay on Tuesday. Speaking at a... 

Steel industry needs to pull together to fight import risks
South Africa Institute of Steel Construction CEO Paulo Trinchero

Numsa ‘dismayed’ with employers’ proposals in metal and engineering sector talks

By: African News Agency      8th June 2017 The National Union of Metalworkers of South Africa (Numsa) said on Thursday that it was “dismayed” with proposals made by employers in the engineering sector during the two-day wage talks. This comes after Numsa tabled its demands for a 15% wage increase across the board to the employers in the... 

Numsa to demand 15% increase in engineering sector wage talks

By: African News Agency      7th June 2017 The National Union of Metalworkers of South Africa (Numsa) has said it would demand a 15% wage increase across the board as wage talks in the metal and engineering sector begin on Wednesday. The metal sector wage talks are brought about as the current wage agreement lapses at the end of this month. 

Protection and recovery in infrastructure spend to determine fate of revived Highveld mill

By: Terence Creamer     6th June 2017 The newly reopened heavy structural mill (HSM) at Highveld Steel, in Mpumalanga, is expected to ramp up to its 18 000 t/m nameplate capacity over the coming few months, having produced 4 100 t since its initial restart in April. However, both Highveld and ArcelorMittal South Africa (AMSA), which... 

Protection and recovery in infrastructure spend to determine fate of revived Highveld mill

Steel industry to discuss import challenges at June workshop

By: Anine Kilian     2nd June 2017 Consulting firm XA International Trade Advisors will, on June 14, host a workshop for domestic steel industry participants to meet and discuss possible solutions to the threat posed by rising steel imports. The workshop will look at the trend of increased global protection in the steel industry... 

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.

Hazleton Pumps, Weir Minerals win big at Seifsa Awards for Excellence

25th May 2017 Family-owned Hazleton Pumps and engineering solutions provider Weir Minerals were the big winners at the Steel and Engineering Industries Federation of Southern Africa’s (Seifsa’s) Awards for Excellence. Almost 100 guests representing small and large companies in the metals and engineering sector... 

CompCom approves AMSA’s buyout of Thabazimbi mine

By: Megan van Wyngaardt     25th May 2017 The Competition Commission has recommended the Competition Tribunal approve ArcelorMittal South Africa’s (AMSA’s) proposed acquisition of the Thabazimbi mine, in Limpopo. Kumba Iron Ore in February agreed to transfer the mine to AMSA. Until 2014, the mine was a captive mine owned and run by Kumba... 

Applications for new R1.5bn steel incentive open on June 1

By: Terence Creamer     25th May 2017 Economic Development Minister Ebrahim Patel released details on Thursday of a new R1.5-billion incentive for downstream steel manufacturers, which would be implemented from June 1. The incentive, officially named the ‘Downstream Steel Industry Competitiveness Fund’ is to be administered by the... 

Applications for new R1.5bn steel incentive open on June 1
Photo by Duane Daws
Economic Development Minister Ebrahim Patel

AMSA secures R4.5bn funding facility

By: Megan van Wyngaardt     24th May 2017 ArcelorMittal South Africa (AMSA) has secured a R4.5-billion revolving structured commodity trade finance facility, which will allow the steel manufacturer to finance its working capital as part of its balance sheet restructuring. CEO Wim de Klerk said in a statement that the company had... 

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