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Fair trade-off?

By: Terence Creamer     24th July 2015 The trade-off currently being considered in the steel industry is relatively straightforward. The country’s largest steel producer, supported by some smaller companies, is seeking greater protection from steel imports, as well as regulations stipulating that locally made steel be used in public... 

‘Poor citizen’ AMSA promises to mend ways as it seeks support to save Vereeniging and company 

By: Terence Creamer     23rd July 2015 South Africa’s largest steel producer ArcelorMittal South Africa (AMSA) gave notice on Thursday that it was weighing the partial or full closure of its Vereeniging Works, in southern Gauteng, and would make a decision of the plant’s future by the end of August. At the same time, CEO Paul... 

Cash-hungry steelmaker Evraz Highveld halts operations

By: Natalie Greve     20th July 2015 South Africa’s second-largest steelmaker Evraz Highveld Steel and Vanadium confirmed on Monday that it had temporarily ceased steel production at its steelworks, citing working capital constraints and reduced domestic demand mainly owing to a “significant” increase in steel imports from China.... 

‘Holistic’ steel solution involves ‘fair pricing’ versus protection trade-off

By: Terence Creamer     15th July 2015 ArcelorMittal South Africa (AMSA) CEO Paul O’Flaherty says he is optimistic that a “holistic” solution will be found by September this year to the sustainability challenges currently being experienced by the domestic steel industry. He confirmed in an interview with Engineering News Online that... 

Govt ready to back steel industry’s bid for tariff protection 

By: Terence Creamer     13th July 2015 The South African government confirmed on Monday that it would support an application by domestic steel companies for across-the-board tariff protection of 10% – South Africa currently had no duties in place on primary steel imports. The International Trade Administration Commission of South... 

South African steel industry faces global oversupply  

By: Bruce Montiea     10th July 2015 The South African steel industry is under severe stress, an ongoing issue exemplified by steel and vanadium slag producer Evraz Highveld Steel & Vanadium filing for business rescue in April and integrated steel company ArcelorMittal South Africa reducing production capacity at some of its mills... 

Court order for handover of steel plant enviro master plan lauded

By: Schalk Burger     3rd July 2015 The Supreme Court of Appeal’s (SCA’s) November 2014 judgment, ordering steel producer ArcelorMittal South Africa (AMSA) to hand over the 2003 Environmental Master Plan for its Vanderbijlpark steel plant to environmental pressure groups, confirmed the right of civil society to environmental... 

SCA judgment sets precedent for public access to enviro information

By: Schalk Burger     22nd June 2015 The Supreme Court of Appeal’s (SCA’s) November 2014 judgment, ordering steel producer ArcelorMittal South Africa (AMSA) to hand over the 2003 Environmental Master Plan for its Vanderbijlpark steel plant to environmental pressure groups, confirmed the right of civil society to environmental... 

AMSA, Solidarity sign 3-year wage deal 

By: Creamer Media Reporter      18th June 2015 Trade union Solidarity and ArcelorMittal South Africa (AMSA) have signed a three-year wage deal. Solidarity metal industry head Marius Croucamp said AMSA employees would receive an increase of either 6.2% or 6.5%, depending on the employee’s job level, for this year. Wage increases for 2016 and... 

Joscho’s Dobsonville rental housing project underway 

By: Creamer Media Reporter      14th May 2015 As part of its ongoing attempts to alleviate the housing shortage in the City of Johannesburg, the Johannesburg Social Housing Company is building 502 rental units in Dobsonville, in Soweto, Zandile Mavuso has the story. 

AMSA’s Q1 sales fall despite strong operational recovery

By: Terence Creamer     7th May 2015 South Africa’s leading steel producer ArcelorMittal South Africa (AMSA) reported a 4.9% fall in sales for the quarter ended March 31, 2015, when compared with the same period in 2014. The decrease was attributed to lower exports, which declined by 156 000 t period on period, or 43.1%, amid... 

enX Group announces a proposed R211m equity capital raising and BBBEE transaction as prelude to expansion drive

16th March 2015 Publicly traded industrial energy company enX Group has announced details of an intended R211m equity capital raise and Broad Based Black Economic Empowerment transaction. The transaction, once concluded, will significantly strengthen its financial and liquidity position and empowerment... 

Mining, fracking not good for water-scarce South Africa – JCCI

By: Dylan Stewart     6th March 2015 Owing to its water-intensive nature, new mining and infrastructural development needs to be carefully considered in South Africa, says Johannesburg Chamber of Commerce and Industry CEO Joan Warburton-McBride, who believes that, for the same reason, hydraulic fracturing (fracking) should not be an... 

AMSA furnace downcomer replaced in 14 days

27th February 2015 Fabrication, refurbishment and engineered solutions provider DCD Venco helped prevent further delays on the Blast Furnace N5 Reline Project at steel giant ArcelorMittal South Africa’s (AMSA’s) Newcastle Works facility in KwaZulu-Natal, in August last year, after it remanufactured a new 45-m-long,... 

Innovation Bridge event 

By: Creamer Media Reporter      19th February 2015 The first Innovation Bridge event took place at the beginning of February and was held at the International Convention Centre of the Council for Scientific and Industrial Research.  

Steel group losing up to R1.5m/hr during ‘uncontrolled’ load shedding 

By: Terence Creamer     13th February 2015 Former Eskom FD and the current head of Africa’s largest steel group, Paul O’Flaherty, has described the latest round of load shedding as “uncontrolled” and reports that, when interrupted, the JSE-listed company is losing the equivalent of R1.5-million an hour. Speaking after ArcelorMittal South... 

AMSA in formal talks with government on new steel pricing model 

By: Terence Creamer     13th February 2015 Steel producer ArcelorMittal South Africa (AMSA) has set up four bilateral working groups with various government departments and State entities in a bid to deal decisively with what current CEO Paul O’Flaherty describes as debilitating “legacy issues”, including the highly contentious issue of... 

AMSA continues to focus on growing volumes despite weak market

By: Terence Creamer     13th February 2015 JSE-listed steel producer ArcelorMittal South Africa (AMSA) reported a loss of R158-million during the year to December 31, 2014, a material improvement on the R2.1-billion loss of 2013 and indicated that it expected a recovery in volumes in 2015, which should support an improvement in results... 

AMSA expects lower FY loss a share

4th February 2015 JSE-listed ArcelorMittal South Africa (AMSA) expects to report a lower loss a share of between 33c and 43c for the 2014 financial year. This would be an improvement of between 92% and 94% on the loss a share of 535c posted in the 2013 financial year, when AMSA had recorded a R1.95-billion... 

Wellhausen resigns as AMSA CFO

By: Creamer Media Reporter      16th January 2015 Matthias Wellhausen has resigned as CFO and executive director of ArcelorMittal South Africa (AMSA), effective March 15, to pursue other opportunities outside of the ArcelorMittal group. AMSA group controller Gerhard van Zyl would step in as acting CFO in March until a successor was appointed. 

CoAL extends mine sale deadline, capital-raise timeframe 

By: Martin Creamer     17th December 2014 The deadline for the disposal of the Mooiplaats colliery by the triple-listed Coal of Africa Limited (CoAL) as well its capital-raising timeframe have been extended out. Johannesburg, London and Sydney-listed CoAL said on Wednesday that it had agreed to give suitor Blackspear Capital more time to... 

Steel provider strengthens relationship with automotive industry

21st November 2014 Multinational steel manufacturer ArcelorMittal South Africa supplies around 170 to 180 kiloton of flat steel products to the country’s vehicle manufacturers. “This is as part of our strategy to continue our good relationship with the automotive industry,” says marketing manager for product and... 

Unforseen delays in restarting Newcastle blast furnace – AMSA

By: Creamer Media Reporter      19th November 2014 Steel producer ArcelorMittal South Africa (AMSA) on Wednesday advised shareholders that it had experienced unforeseen delays in restarting the blast furnace at its Newcastle Works following the completion of the furnace reline at the end of October. The JSE-listed company noted that the delays... 

Demand increase for preventative maintenance strategies

By: Mia Breytenbach     14th November 2014 Steel plant processing technology, equipment and services specialist SMS Siemag South Africa, a division of SMS Group, has registered significant demand growth for preventative maintenance in the local ferrous, nonferrous and ferroalloys industries, paired with a 10% to 15% increase in technical... 

ArcelorMittal to retrench 200 workers, says Solidarity

By: Natalie Greve     10th November 2014 Trade union Solidarity says steel producer ArcelorMittal South Africa (AMSA) has issued 200 employees at its Vanderbijlpark plant with Section 189 retrenchment notices. In terms of the notice, the affected employees could apply for voluntary severance packages. Solidarity metal industry organiser... 

Less Eskom coal, fewer S African diamonds, less refined platinum, lower iron-ore sales – Anglo

By: Martin Creamer     23rd October 2014 Diversified mining company Anglo American on Thursday reported 12% lower coal production for South Africa’s State electricity utility Eskom, 31% less refined platinum production, 4% lower iron-ore exports and fewer diamond carats from South African diamond mines, in the three months to September... 

Davies confirms plans for Chinese steel project in Limpopo

By: Terence Creamer     26th September 2014 Trade and Industry Minister Dr Rob Davies confirmed on Friday that the Hebei Iron and Steel Group, of China, was set to partner with the State-owned Industrial Development Corporation (IDC) on the development of steelmaking capacity based on the raw material available near Phalaborwa, in South... 

Davies confirms plans for Chinese steel project in Limpopo 

By: Terence Creamer     12th September 2014 Trade and Industry Minister Dr Rob Davies confirmed on Friday that the Hebei Iron and Steel Group, of China, was set to partner with the State-owned Industrial Development Corporation (IDC) on the development of steelmaking capacity based on the raw material available near Phalaborwa, in South... 

Govt mulls boosting divestiture, pricing powers of competition bodies 

By: Terence Creamer     4th September 2014 Economic Development Minister Ebrahim Patel has hinted to further amendments to South Africa’s Competition Act – changes that could increase the powers of the competition authorities to influence the industrial structure of the economy through forced divestiture and pricing remedies. Addressing... 

Steel group’s new mantra: produce to capacity, reduce costs, sell aggressively

By: Terence Creamer     15th August 2014 Newly appointed ArcelorMittal South Africa (AMSA) CEO Paul O’Flaherty delivered an unambiguous ‘production first’ message in his inaugural interaction with the investment community on Friday, saying his management team was committed to “fill the mills, produce to capacity, reduce costs and sell... 

AMSA to take $20m knock on Newcastle delay

By: Terence Creamer     1st August 2014 Steel producer ArcelorMittal South Africa (AMSA) has confirmed that the reline project at its Newcastle mill, in KwaZulu-Natal, has hit snags and that the project, which was initially expected to be completed four months after the May 12 shutdown began, will be delayed until mid-October. The... 

ArcelorMittal South Africa to upgrade plate mill to supply rising wind-tower demand

By: Terence Creamer     22nd July 2014 Steel producer ArcelorMittal South Africa (AMSA) reports that it is planning an upgrade to its plate mill at Vanderbijlpark in quarter four 2014, which will enable it to produce heavy plates of up to 11 t for South Africa’s emerging wind-tower manufacturing sector. The JSE-listed group has... 

Anglo’s South African mines up output, platinum sales ‘normal’ despite strike

By: Martin Creamer     17th July 2014 Anglo American’s South African mines came to the party in the three months to June 30, with increased production across-the-board, including platinum supply “at normal levels” to all platinum customers, in spite of the fierce five-month strike in the platinum belt. The London- and... 

Africa to provide significant steel opportunities

By: Ilan Solomons     11th July 2014 Steel plant processing technology, equipment and services specialist SMS Siemag, a division of SMS group, supplier of processing technology, equipment and services for the ferrous, ferro-alloy and non-ferrous metals industries, says there is potential to establish new steel plants in Africa in... 

Steel producer wades through subdued market

By: Ilan Solomons     11th July 2014 Steel producer ArcelorMittal South Africa (AMSA) says it is operating in a challenging global steel market, which has been exacerbated by a subdued local market, with low sales volumes and competition from imports, particularly finished goods. “Therefore, we have been on a drive to increase... 

Steel-pipe maker pulls back from brink of closure

By: Ilan Solomons     11th July 2014 Privately owned manufacturer of industrial components Barnes Group has acquired local steel-pipe maker Hall Longmore from construction and engineering group Murray & Roberts (M&R) in February. Hall Longmore MD Kenny van Rooyen tells Engineering News that, prior to the takeover, the company “had... 

Thomas Garner

27th June 2014 Main Activity of the Company: Developing, owning and operating cleaner energy projects in Africa 

Exports drive local manufacturing capabilities

By: Dylan Slater     20th June 2014 Hot-forge-based components manufacturer SP Metal Forgings currently has a large contract to supply South African commercial vehicle manufacturers with more than 500 000 vehicle components a year, including drive-train parts, the company reports. 

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