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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... 

Energy-intensive firms say carbon tax wrong tool for reducing power emissions

By: Terence Creamer     14th March 2018 The Industry Task Team on Climate Change (ITTCC), which includes many of South Africa’s largest mining and industrial companies, says the proposed carbon tax will have no material impact on reducing carbon emissions from the electricity sector, which is responsible for around half of the... 

South Africa to make tariffs submission as Trump leaves door open for exclusions

By: Terence Creamer     9th March 2018 The Department of Trade and Industry (DTI) says it is studying US President Donald Trump’s proclamations to impose a new 10% tariff on aluminium products and a new 25% tariff on steel products from March 23. However, the department also confirmed that it would be making a formal submission to the... 

South African steel, aluminum firms watchful, but not overly anxious, as US tariff hikes loom

By: Terence Creamer     6th March 2018 South African steel and aluminium firms remain watchful and uncertain about the effects that a proposed increased US trade protection will have. However, the companies also indicate that they will seek to mitigate the risk through export diversification, as well as a continued focus on markets... 

Working-at-height training programme incorporates VR tech

By: Nadine James     23rd February 2018 Steel and mining company ArcelorMittal South Africa (AMSA) has incorporated virtual reality (VR) technology into the apprenticeship and training programmes at its Vanderbiljpark plant. The VR training solution, which has been operational since December last year, is currently used to determine... 

Afrox rises above weak environment, achieves strong FY17 results

By: Megan van Wyngaardt     22nd February 2018 JSE-listed African Oxygen (Afrox) on Thursday reported yet another year of strong results, with revenue for the 12 months to December 31 up 6% to R5.69-billion. Headline earnings a share rose by 32.3% year-on-year to 201c and basic earnings a share by 30.7% to 203.6c. 

Tribunal approves amendment to payment terms of AMSA’s R1.5bn settlement agreement

By: Creamer Media Reporter      15th February 2018 The Competition Tribunal has approved a variation agreement allowing ArcelorMittal South Africa (AMSA) to pay the first R300-million instalment of its R1.5-billion fine in three tranches.   In late 2016, AMSA concluded a settlement agreement with the Competition Commission in terms of which it... 

Resources Watch  

     8th February 2018 Wind of change sees DMR grant prospecting licences to De Beers And, AMSA weighs asset disposals as losses mount, debt rises and rand strengthens 

Equipment investment can ensure efficiency for cargo owners

By: Donald Makhafola     2nd February 2018 Customers and cargo owners have to invest in warehousing, transshipment points and intermodal terminals, as well as related materials handling equipment, to ensure that the movement of cargo by rail is operated at full efficiency, says rail supply chain solutions company Barberry Group strategy... 

AMSA weighs asset disposals as losses mount, debt rises and rand strengthens 

By: Terence Creamer     31st January 2018 ArcelorMittal South Africa (AMSA) is considering various asset disposals as part of a plan to strengthen its balance sheet, which remains under pressure as a result of a protracted period of lossmaking, which has endured since 2010. The JSE-listed steelmaker declared another headline loss of... 

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... 

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