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IDC assessing 21 applications under R1.5bn downstream steel incentive

By: Terence Creamer     19th January 2018 The Industrial Development Corporation (IDC) is currently assessing 21 potential transactions, worth a combined R437-million, arising from applications for support under a R1.5-billion industrial financing scheme set up in 2017 to support manufacturers of value-added steel products. The... 

Seifsa warns US antidumping duties could hurt local steel industry

By: Megan van Wyngaardt     12th January 2018 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) is worried about the potential impact on the local steel industry of the US Department of Commerce’s (DoC’s) affirmative final determinations in an antidumping duty investigation into imports of carbon and alloy steel... 

PRASA New Rolling Stock Acquisition Programme, South Africa

By: Sheila Barradas     12th January 2018 Passenger Rail Agency of South Africa has reported that commuters using the first of the new X’Ttrapolis Mega commuter trains are “extremely happy” with the new rolling stock. 

ArcelorMittal, Competition Commission reach payment agreement

By: Megan van Wyngaardt     18th December 2017 Local steel manufacturer ArcelorMittal South Africa (AMSA) has reached an agreement with the Competition Commission to divide its 2017 payment into three separate tranches of R100-million each. In 2016, the parties reached a settlement agreement after AMSA admitted to being involved in the long... 

AMSA appoints new CEO 

By: Natasha Odendaal     11th December 2017 ArcelorMittal South Africa (AMSA) has appointed former Aveng CEO Hendrik ‘Kobus’ Verster to succeed Wim de Klerk, who will step down on January 31, as CEO. Verster will join the company on January 2 as CEO designate to ensure a smooth handover and will assume the position of CEO and executive... 

Makwana appointed chairperson of Illovo Sugar

By: Natasha Odendaal     30th November 2017 Illovo Sugar South Africa on Thursday announced the appointment of Mpho Makwana as chairperson, effective December 1, succeeding Gavin Dalgleish who stepped down to focus on his role as group MD. Makwana previously co-chaired the World Economic Forum on Africa in 2011 and served as Eskom... 

Highveld agrees to Competition Commission-proposed R1m penalty

By: Creamer Media Reporter      29th November 2017 Embattled steel producer Evraz Highveld Steel has agreed to pay a R1-million administrative penalty for conduct allegedly amounting to price fixing and market allocation with ArcelorMittal South Africa (AMSA). The Competition Commission on Wednesday said it had recommended the approval of the... 

AMSA welcomes designation of local steel for rail sector  

By: Creamer Media Reporter      23rd November 2017 ArcelorMittal South Africa (AMSA) on Thursday welcomed the latest designations by the Department of Trade and Industry (DTI) of the local content threshold for local production and content in the rail permanent way sector. A permanent way is the structure, comprising the rails, fasteners,... 

AMSA lifts Q3 production, sales amid difficult trading environment

By: Megan van Wyngaardt     10th November 2017 ArcelorMittal South Africa (AMSA) increased its liquid steel production by 11.2%, or 125 000 t, in the third quarter ended September 30, despite tough trading conditions, owing to higher production at Saldanha Works as a result of the mini reline in the third quarter of last year. However, this... 

Mpho Makwana takes over as Gibela chairperson

     3rd November 2017 Mpho Makwana has succeeded Dr Xolani Mkhwanazi as chairperson of Gibela Rail Transport Consortium, effective October 1.   Makwana has more than 25 years of experience working in South Africa’s public and private sectors.   He is currently the independent nonexecutive chairperson of ArcelorMittal... 

Self-starters share secrets to success in the South African mining sector

By: Ilan Solomons     13th October 2017 There are many ways for entrepreneurs to enter the mining industry, including as project developers, service providers and product suppliers – all of which hold great opportunities and challenges, states mining investment advisory company MX Mining Capital Advisors director Dr Mike Seeger. The... 

PRASA New Rolling Stock Acquisition Programme, South Africa

By: Sheila Barradas     6th October 2017 Alstom Brazil has started the process during which technology is being transferred to South Africans for the manufacture of X’Ttrapolis Mega trains. 

Offshore capital equipment markets come in handy amid ‘turmoil’ in domestic mining sector

By: Dylan Slater     29th September 2017 South African capital equipment manufacturers that are supplying offshore markets, and have survived the ongoing turmoil in the mining industry and the domestic economic environment, have showed resilience and bear testament to the lifeline provided by exporting products and not relying solely on... 

Recovery rate growth lies in metals from landfills

By: Tasneem Bulbulia     29th September 2017 With South Africa already boasting a recovery rate of about 72% for used beverage cans, metals packaging industry body MetPac-SA believes that further potential lies in diverting other metal packaging such as aluminium foil, containers and empty tin cans from landfills. “With regards to aluminium... 

Welding foundation industry collaboration empowers SA learners

     15th September 2017 The Southern African Institute of Welding (SAIW) Foundation aims to provide training to disadvantaged individuals in a range of areas that include welding and inspection, and the training of trainers for welding and related technologies. In addition, integrated steel and mining company... 

Organisation advocates a local recycling culture

By: Nadine James     8th September 2017 Despite numerous recycling initiatives and incentives in communities across the country – including collection points in close proximity to neighbourhoods – metal packaging recycling organisation MetPac-SA believes that an inherent recycling culture still needs to be established in South Africa.... 

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. 

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... 

Electricity intensive firms to approach Nersa for new job-saving tariff deal

By: Terence Creamer     16th August 2017 The Energy Intensive Users Group (EIUG) will approach the National Energy Regulator of South Africa (Nersa) before the end of September with a proposal for structural changes to Eskom’s tariff for large power users by removing existing cross-subsidies to assist businesses whose future... 

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... 

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... 

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... 

Resources Watch  

     3rd August 2017 Kumba CEO concerned by Minister’s reneging; Sishen productivity leaps by 57%; And, Eskom tariffs in AMSA’s action plan crosshairs as losses spike 

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... 

Kumba lifts iron-ore output 23%, reinstates dividend, shares rise

By: Martin Creamer     25th July 2017 Iron-ore mining company Kumba Iron Ore on Tuesday reported a 23% increase in production in the six months to June 30 on the back of a productivity step change linked to the revised Sishen mine plan. The Anglo American subsidiary achieved a fatality-free half year and reduced lost-time injuries in... 

PRASA New Rolling Stock Acquisition Programme, South Africa

By: Sheila Barradas     14th July 2017 Alstom has completed the manufacture of the first 20 trains as part of its contract with the Passenger Rail Agency of South Africa.  

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... 

Domestic steel demand forecast to grow despite industry challenges

     7th July 2017 While domestic demand for steel and steel products is expected to grow by 1.2%, forecasts South African trade union Solidarity deputy general secretary Marius Croucamp, he adds that the steel industry is facing serious challenges, both at a primary steel producing level and in the downstream... 

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... 

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. 

AMSA’s shareholding in CoAL decreases to below 5%

By: Megan van Wyngaardt     21st June 2017 Coal of Africa Limited (CoAL) on Wednesday said ArcelorMittal South Africa (AMSA) was no longer classified as a substantial shareholder in the miner. AMSA’s shareholding in CoAL has decreased to 126-million ordinary shares, or 4.93% of CoAL’s shares. 

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... 

Patel welcomes reopening of Highveld Steel plant

By: Anine Kilian     7th June 2017 Economic Development Minister Ebrahim Patel has welcomed the reopening of the Highveld Steel plant, in eMalahleni, Mpumalanga. The plant, which was officially reopened on Tuesday, employs 200 workers in direct production and a further 300 workers on site. The company, which closed in 2015, has... 

Upcoming Mining Charter to include designation of strategic minerals – Zwane

By: Terence Creamer     6th June 2017 Mineral Resources Minister Mosebenzi Zwane says the updated Mining Charter to be Gazetted next week will include the “designation of minerals” in support of government’s policy of mineral beneficiation. Speaking in Mpumalanga, on Tuesday, at the reopening of the Highveld Steel heavy structural... 

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... 

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... 

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... 

Manufacturing Circle, Gauteng Premier to cooperate on reviving the Vaal Triangle

By: Anine Kilian     22nd May 2017 The Manufacturing Circle will work with Gauteng Premier David Makhura on an action plan to revive the Vaal Triangle and arrest the decline of manufacturing in the region.    “The Vaal Triangle rejuvenation project is being driven the CEO Initiative, which Manufacturing Circle chairperson André de... 

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