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Stainless Steel News

Steel merchant increasing African, SA presence

By: Schalk Burger     16th December 2011 AltX-listed steel merchant BSi Steel is introducing new products and services to the retail market in South Africa and is also expanding its African and South African presence to boost its growth, says BSi Steel CEO Grant Mackenzie. 

Association expects stainless steel consumption to recover

28th October 2011 The Southern African Stainless Steel Development Association (Sassda) expects domestic stainless steel consumption figures to recover somewhat in the coming months, after a challenging 18-month period.Stainless steel market on the road to recovery 

Custom-made tables, doorframes supplied to health department

28th October 2011 Industrial products specialist Advanced Industrial Technology (Ai-tec) manufactures a range of stainless steel tables and door frames that meet the stringent quality and hygiene standards of the Department of Health. 

Local foundry fired up for Middle East refinery contract

28th October 2011 A multimillion-dollar order for the manufacture and supply of high-temperature tube supports for a Middle East oil refinery has seen local stainless steel foundry Steloy Castings rise to new challenges.  

Stainless steel tags and cable ties now available

28th October 2011 To satisfy a growing demand for reasonably priced stainless steel marking tags and cable ties for use in petrochemicals and other aggressive environments, industrial labelling and wire marking systems supplier Grafo Wiremarkers now offers a locally manufactured range. 

Abrasives range suitable for stainless high-grade steel processing

28th October 2011 The use of Inox, also called stainless high-grade steel, is increasing rapidly across the world in the metalworking, construction and construction-related industries. 

Company invests R15m in new slitting line

28th October 2011 Steel processor and supplier BSi Steel plans to improve the slitting capabilities of its Shearcut division, following a R15-million investment in a precision slitting line imported from South Korea.  

Company adds stainless steel pipe sander to product range

28th October 2011 Power tools supplier Metabo has increased its range of tools for stainless steel processing by introducing the RB 18 LTX 60 cordless pipe belt sander. 

SA stainless steel demand rebounds

28th October 2011 Stainless steel supplier Columbus Stainless expects the total South African domestic market for stainless steel flat product to reach around 150 000 t this year.  

Company supplying stainless steel to African projects

By: Celest Smith     28th October 2011 Industrial product trader GIF Products is currently supplying a range of stainless steel products including stainless steel structures, tanks, flanges and piping to six mining projects across Africa. 

New abrasive belt used for stainless steel finishing and grinding

28th October 2011 Technology company 3M has unveiled a new abrasive belt, currently available in grades of 36+, 60+ and 80+, which offers significant advantages in productivity and consistency, as well as longer service life.  

Alert Steel to raise R50m through rights offer

By: Loni Prinsloo     26th August 2011 AltX-listed steel retailer Alert Steel said on Friday that it planned to raise R50-million through a partially-underwritten rights offer to shareholders. The offer would see shares released at just over 3c/share, presenting a discount of 80.6% to the company’s average share price on April 19.  

Court hearing into high-profile Sishen rights case begins

By: Terence Creamer     15th August 2011 The much anticipated court hearing involving the Sishen Iron Ore Company (SIOC), ArcelorMittal South Africa (Mittal), Imperial Crown Trading 289 (ICT) and the Department of Mineral Resources (DMR) kicked off in the North Gauteng High Court, in Pretoria, on Monday morning. Legal teams from the... 

Enamelled steel used to build low-maintenance cubicles

12th August 2011 Producer of enamelled steel products for architectural applications Vitrex has supplied ten Vitraflex toilet cubicles for mobile operator Vodacom’s Techno Centre, in Bellville, Cape Town, this year. The cubicles are constructed using a combination of vitreous enamelled steel and rigidised... 

Global steel production rise in May

By: Loni Prinsloo     20th June 2011 Global steel production was 4.2% higher in May at 130-million tons compared with the same month last year, said the World Steel Association (worldsteel) on Monday. Output in most regions grew, except for a small drop in production in the European Union and Oceania, as well as quite a significant... 

Rising steel price worries fastener industry

By: Idéle Esterhuizen     17th June 2011 Steel prices have risen steadily over the past years, compounding cost issues for manufacturers, suppliers and end-users, says South African Mining Supplies (SAMS) MD Gunther Rindfrey. 

McCulloch appointed as Alert Steel chairperson

By: Loni Prinsloo     2nd June 2011 AltX-listed Alert Steel on Thursday announced that Malcolm McCulloch has been appointed as the chairperson of its board. McCulloch is also a director of WBHO, Capital Africa Steel and Symo, as well as an independent non-executive deputy chairperson of the Kelly Group and chairperson of... 

New labour law bills cause for concern – Sassda

By: Tracy Hancock     27th May 2011 The South African Stainless Steel Development Association (Sassda) is concerned about the consequences of government’s four proposed labour laws on the local stainless steel industry, should the laws be implemented as is. 

SA industry aims for 7% production increase

By: Tracy Hancock     27th May 2011 With global stainless steel production expected to grow by 7% this year, steelmaker Columbus Stainless CEO David Martin says the South African market will aim to match this growth. 

Association to drive growth through interaction with all role-players

By: Tracy Hancock     27th May 2011 The South African Stainless Steel Development Association’s (Sassda’s) drive to increase the local production of stainless steel through increased interaction with all role-players in South Africa will promote awareness of stainless steel and benefit members through increasing demand.  

Project to revive stainless steel cutlery manufacturing in South Africa under way

By: Tracy Hancock     27th May 2011 The South African Stainless Steel Development Association (Sassda) aims to revive local cutlery manufacturing and reduce the country’s dependence on Chinese imports by implementing its Ama Izi Puni Teaspoon project.  

Rebar shortages cause companies to default on contracts – Sarcea 

By: Loni Prinsloo     8th April 2011 A nationwide shortage of raw material from South African steel mills has resulted in reinforcing steel (rebar) suppliers and manufacturers now having to default on their contracts with construction companies, said the South African Reinforced Concrete Engineers Association (Sarcea). The... 

MacDonald to step down as CEO of Evraz Highveld

By: Petronel Smit     5th April 2011 Scott MacDonald would step down as the CEO of South Africa’s second-largest steel producer Evraz Highveld on April 11, the JSE-listed group announced on Tuesday. Nonexecutive director Dmitrij Scuka, who was appointed to the Evraz Highveld board late last year, would be acting as CEO until a... 

Alert Steel announces turnaround plan after loss widens

By: Petronel Smit     31st March 2011 AltX-listed Alert Steel would seek to raise between R40-million and R50-million from shareholders through a rights offer, negotiate a new debt funding arrangement and restructure its board, in a bid to return the company to long-term stability and sustainable profitability. This comes after the... 

Global stainless steel output hit record high in 2010

By: Loni Prinsloo     7th March 2011 After three years of declining global stainless steel production, output increased by 24,9% in 2010 to a new record of 30,7-million tons, the International Stainless Steel Forum (ISSF) reported on Monday. The ISSF said that the strong recovery was driven by a number of positives including the... 

Davies says discounted iron-ore prices should benefit downstream customers

By: Loni Prinsloo     24th February 2011 Trade and Industry Minister Rob Davies said on Thursday that companies that benefited from discounted iron-ore prices would have to pass on the discount to customers. He said that at least 21,4% of iron-ore output from Kumba Iron Ore’s (Kumba) Sishen mine should be made available at cost plus 3%... 

Steel construction industry denies knowledge of collusion

By: Loni Prinsloo     14th February 2011 The Southern African Institute of Steel Construction (Saisc) said on Monday that it was not aware of any form of collusion in the steel construction industry, as the industry was becoming increasingly more competitive and opportunity for anticompetitive behavior was minimal. This comes after the... 

Rebar shortage could bring projects to a standstill − Sarcea

By: Loni Prinsloo     10th February 2011 A serious shortage of reinforced steel (rebar) may see construction projects throughout South Africa come to a standstill, the South African Reinforced Concrete Engineers Association (Sarcea) has warned. The shortage was caused by a breakdown at ArcelorMittal’s main furnace in Newcastle at the... 

China steel production fell in mid-Jan

By: Reuters     31st January 2011 China's daily crude steel output fell 5,4% to 1,695-million tons in the second ten days of January from the previous ten days, the first fall since mid-October, data from the China Iron & Steel Association showed. Average daily steel production on a ten-day basis has climbed since the middle ten... 

ArcelorMittal’s Basson appointed as Worldsteel DG

By: Loni Prinsloo     20th January 2011 The World Steel Association (Worldsteel) on Thursday announced that ArcelorMittal’s Edwin Basson would succeed Ian Christmas as its director-general in August. If the board formally approves the appointment in April, the South African would head up one of the largest steel associations in the... 

Anglo sells steel units to Australia’s OneSteel for $932m

By: Loni Prinsloo     15th November 2010 Mining major Anglo American (Anglo) it would sell its Moly-Cop and AltaSteel to Australian company OneSteel for $932-million. The two businesses, which are part of Anglo's Scaw Metals, make steel balls and rods that are used to grind up copper and gold ore in the huge rotating mills of mining... 

Mobile surveillance trailers for PE

By: Tracy Hancock     22nd October 2010 The Nelson Mandela Bay municipality (NMBM) will receive full delivery of nine remote surveillance systems, housed in stainless steel trailers worth about R800 000 each, and a mobile control room worth R6-million before the end of October, reports local manufacturer of stainless steel trailers... 

Construction skills shortage benefits stainless steel

By: Tracy Hancock     22nd October 2010 Skills shortages of bricklayers, plasterers and painters in the construction industry have contributed to increased architectural metalwork applications, such as cladding, reports stockist and distributors of stainless steel Euro Steel Cape Town MD Ross Cowing. 

R12m cooling 
project for steel mill

22nd October 2010 Piping solutions company Victaulic and cooling and heat transfer consultancy Evapco have expanded the process cooling systems at the Middelburg, Mpumalanga province, mill of steel producer Columbus Stainless. 

Laser marking for 
stainless steel products  

22nd October 2010 US manufacturer of laser engraving and cutting technology Epilog Laser has taken fibre laser technology and combined it with a flying optics beam delivery system to create the Fibermark laser system for direct metal marking.  

Local company’s 
exports to Africa 

By: Tracy Hancock     22nd October 2010 Stainless steel bolt distribution company Bambalela Bolts reports that the company’s export of stainless steel products to Africa has increased, owing to gaining market share as a result of its high and reliable service level.

Bambalela Bolts MD Tania Williamson says that the women-owned... 

Stainless steel production increases worldwide

22nd October 2010 Stainless steel crude steel production for the first half of the year has increased by 44,3% globally compared with the corresponding period in 2009, indicating a much stronger and quicker-than-expected recovery of the global economy, reports nonprofit research organisation the International... 

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