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Metals News

Platinum surplus to widen; fuel cells seen as key driver for future demand

By: Marleny Arnoldi     14th May 2018 The platinum market will move further into oversupply this year, as production from South Africa remains flat and demand is forecast to contract by 2.5%, the latest Johnson Matthey platinum group metals (PGM) market report states.  

Aurecon partners with EWB-SA for Afrikan Design Innovation workshops

By: Simone Liedtke     11th May 2018 Being able to approach a design challenge with a deep empathy for the final users and without preconceived ideas is a skill that needs to be cultivated when people are still young, says global engineering and infrastructure advisory company Aurecon. It is for this reason that Aurecon continues to... 

Aurecon partners with EWB-SA for Afrikan Design Innovation workshops
The first Afrikan Design Innovation workshop was held on May 5, with the second workshop scheduled to take place on May 12

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... 

AfriSam anchor sponsor for Fulton Awards

By: Jessica Oosthuizen     11th May 2018 Leading concrete materials supplier AfriSam is the anchor sponsor for the 2019 biennial Fulton Awards, hosted by nonprofit organisation the Concrete Society of Southern Africa (CSSA). According to AfriSam, the event recognises the possibilities that concrete structures create for society and,... 

AfriSam anchor sponsor for Fulton Awards
INNOVATIVE INFRASTRUCTURE The Fulton Awards is an event that honours excellence and innovation in the design and use of concrete

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... 

Vanadium market expected to achieve 3.2% CAGR to 2027

By: Nadine James     4th May 2018 Diversified miner Bushveld Minerals expects the vanadium market to expand by a compound annual growth rate (CAGR) of 3.2% between 2017 and 2027, on the back of strong steel demand and a growing energy storage market, Bushveld Minerals CEO and cofounder Fortune Mojapelo said in a webcast on... 

Vanadium market expected to achieve 3.2% CAGR to 2027

Constrained metal supply could slow battery electric vehicle production rates – Moody’s

By: Marleny Arnoldi     2nd May 2018 Metals supply constraints could slow battery electric vehicle (BEV) production rates in the near term, says ratings agency Moody’s Investors Service.  

Constrained metal supply could slow battery electric vehicle production rates – Moody’s

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. 

Global crude steel production up 4% y/y in March

By: Marleny Arnoldi     25th April 2018 World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 148.33-million tonnes in March – a 4% increase compared with production for March 2017.  

Trump: 'Very good chance' of a US-China trade deal

By: Reuters     25th April 2018 US President Donald Trump on Tuesday said the US would likely reach a trade agreement with China and that officials from both sides would sit down for negotiations in a few days. China has said it would welcome a visit by US Treasury Secretary Steven Mnuchin, who is seeking to resolve a tense... 

India would file dispute with WTO if US rejects exemption on tariffs – sources

By: Reuters     23rd April 2018 India would lodge a trade dispute against the United States at the World Trade Organisation (WTO) if Washington does not grant it exemptions from higher tariffs on steel and aluminium, three government officials involved in trade talks told Reuters. India recently requested exemptions, arguing... 

Agreement opens way for R1.8bn oil services hub at Saldanha port

By: Terence Creamer     23rd April 2018 A private port terminal operator has been selected to build and operate South Africa’s first offshore supply base (OSSB) at the Port of Saldanha, in the Western Cape. The facility, which will involve investments of R1.8-billion over the coming five years, will provide services to offshore oil and... 

Agreement opens way for R1.8bn oil services hub at Saldanha port
Port of Saldanha

Lithium-ion industry to take centre stage in next five years

By: Simone Liedtke     20th April 2018 At least 12 lithium and six cobalt transactions have been closed between downstream manufacturers and mining companies since 2016, signalling a changing trend in procurement strategy. This, commodity research consultancy Roskill said in a statement on Friday, shows that the lithium-ion (Li-ion)... 

Another hydrogen boost for platinum fuel cells

By: Simone Liedtke     18th April 2018 The introduction of platinum-using fuel cells has received another boost with the latest success in hydrogen compression announced by Anglo American Platinum (Amplats) on Wednesday.   Last week, Amplats revealed plans for a fuel cell dozer, which makes use of hydrogen in liquid, to make a 2019... 

Another hydrogen boost for platinum fuel cells
Photo by Creamer Media
Amplats PGM investment programme CEO Andrew Hinkly

Steel demand to grow by 1.8% in 2018

By: Simone Liedtke     17th April 2018 The World Steel Association (worldsteel) has forecast 1.8% year-on-year growth in global steel demand to 1.62-billion tonnes this year. Worldsteel further reports in its April Short Range Outlook (SRO), published on Tuesday, that global steel demand will grow by a further 0.7% to 1.63-billion... 

Tokyo Steel to keep product prices steady in May

By: Reuters     16th April 2018 Tokyo Steel Manufacturing, Japan's top electric-arc furnace steelmaker, on Monday said it would hold product prices steady in May due to slow local demand. The decision marks three months of price freezes by the company. 

UK project could halve titanium parts production costs

By: Rebecca Campbell     13th April 2018 The British Ministry of Defence (MoD) announced late last month that its Defence Science and Technology Laboratory (officially abbreviated to Dstl) had, in cooperation with the University of Sheffield, developed of a radical new method of producing titanium parts. Dstl has so far invested almost... 

SA firm’s high-capacity air hoists making inroads into global oil and gas, marine sectors

By: Schalk Burger     13th April 2018 Industrial pneumatic equipment manufacturer ATS 2000 is reporting significant demand for its high-capacity air hoists in the international oil and gas market and for industrial and marine applications, says ATS 2000 MD Glenton Rebello. The company has manufactured four 60 t air hoists at its... 

SA firm’s high-capacity air hoists making  inroads into global oil and gas, marine sectors
EXPORT AIR HOIST ATS focused on international exposure and has identified opportunities to grow exports

Global trade growth strong but at risk if conflict escalates, WTO says

By: Reuters     12th April 2018 World trade in goods is maintaining a robust recovery, but it still might falter if trade tensions escalate further, the World Trade Organization said in its annual forecast on Thursday. Trade in goods will grow 4.4% this year after a decade averaging 3.0% a year following the financial crisis.... 

Solidarity worried about impact of US tariffs on South African steel industry

By: Simone Liedtke     11th April 2018 South African trade union Solidarity has expressed its concern about the possible impact of the import tariffs on steel and aluminium products recently announced by the US. The 25% import tariff on steel and the 10% tariff on aluminium affects the South African steel industry directly as the... 

Seifsa celebrates transformed companies in metals, engineering sector

By: Simone Liedtke     9th April 2018 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has called on companies that have embraced transformation in the metals and engineering sector to submit entries for the Most Transformed Company of the Year category of this year’s Seifsa Awards for Excellence. The... 

Company resupplies machine stock to keep S. African market supplied

By: Victor Moolman     6th April 2018 To keep its supply of stud-welding machines current, furnace and industrial services company The Dickinson Group keeps a range of such machines in stock at its Vereeniging headquarters at all times. The company has supplied more than 600 stud-welding machines over the past 24 years to the mining,... 

Company and distribution partner provide largest range of tools in S. Africa

By: Victor Moolman     6th April 2018 Owing to its well-established relationship with its loyal distribution partners and distribution network in Southern Africa, a large range of about 5 200 individual line items of hand tools from professional tools manufacturer Jonnesway are being used in Southern Africa, says Carel Venter, the... 

Company and distribution partner provide largest range of tools in S. Africa
TOOL RANGE Jonnesway has a wide range of tools and works with original-equipment suppliers to ensure that tools are always available

South Africa’s renewables focus shifting from costs to jobs and transformation

By: Terence Creamer     5th April 2018 The themes of transformation and employment in the renewable-energy sector have started to eclipse traditional concerns over cost and reliability following government’s highly contested, and much delayed, decision to press ahead with the signing of agreements for another 27 renewables independent... 

South Africa’s renewables focus shifting from costs to jobs and transformation
Photo by Dylan Slater
Energy Minister Jeff Radebe

China seeks WTO dispute resolution with US over steel, aluminum tariffs

By: Reuters     5th April 2018 China's commerce ministry said on Thursday it has initiated a World Trade Organization (WTO) dispute resolution procedure over US tariffs on its import of steel and aluminum. The move follows a back and forth dispute between the two countries over free trade, that has escalated from an... 

Renewed optimism in industry for Middelburg-based Columbus Stainless steel plant 

5th April 2018 Middelburg-based Columbus Stainless aims to remain committed to the growing domestic stainless steel market, while Sassda believes that 2018 may be the year to break the downward trend of consumption in South Africa. 

Renewed optimism in industry for Middelburg-based Columbus Stainless steel plant
Renewed optimism in industry for Middelburg-based Columbus Stainless steel plant. Editing: Christo Greyling

Kobe Steel to invest $471m to raise automotive steel output

By: Reuters     4th April 2018 Kobe Steel, Japan's third-biggest steelmaker, said on Wednesday it will invest 50-billion yen ($471-million) in domestic facilities to increase output of high-tensile steel to meet a growing need for lighter materials from automakers. It is the company's first major capital investment since it... 

Competition Commission approves Amsted’s acquisition of Scaw Cast Products

By: Marleny Arnoldi     29th March 2018 The Competition Commission has approved the proposed acquisition by US-based manufacturer Amsted Rail Company of Cast Products South Africa (SA).  

Trade back on the global, African agenda 

29th March 2018 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about Africa’s plans to conclude a continental free trade agreement and South Africa’s discussions with the US regarding steel tariffs. 

Trade back on the global, African agenda
Trade back on the global, African agenda

WTO chief sees no sign of US walking away from WTO

By: Reuters     28th March 2018 There is no sign that the United States is distancing itself from the World Trade Organization, and negotiations are underway to avert a global trade war, WTO Director-General Roberto Azevedo said in a BBC interview broadcast on Wednesday. US President Donald Trump has launched a series of... 

South Africa willing to accept metals quotas as it intensifies bid for US tariffs exclusion 

By: Terence Creamer     26th March 2018 Trade and Industry Minister Dr Rob Davies revealed on Monday that South Africa was willing to accede to quotas on its steel and aluminium exports to the US as part of the country’s ongoing bid to be excluded from tariffs imposed on March 23 following a proclamation signed by President Donald... 

South Africa willing to accept metals quotas as it intensifies bid for US tariffs exclusion
Photo by Reuters
US President Donald Trump

South Korea steel shares rise on US steel tariff exemption

By: Reuters     26th March 2018 South Korea's steelmakers rose on Monday, with market heavyweight Posco leading the overall sector after the United States agreed to exempt South Korea from its new steel tariffs. Washington will impose a quota on steel imports instead, while South Korea in return will improve access for U.S.... 

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