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Thabazimbi mine transfer to AMSA finalised

By: Simone Liedtke     12th October 2018 The transfer of ownership of the Thabazimbi iron-ore mine, from Kumba Iron Ore to steel producer ArcelorMittal South Africa (AMSA) has been finalised, Kumba said on Friday. Kumba in early 2017 agreed to transfer the mine, in Limpopo, to AMSA, for R1, plus the assumed liabilities. 

Steel major calls for drastic measures to counter current steel industry crisis

9th October 2018 Currently, the South African downstream steel sector is beset by numerous severely challenging issues which - if the situation continues unabated - will be severely detrimental to the ongoing viability of the entire steel sector in this country. One of the primary issues to be addressed is the... 

India to incentivise consortiums to build iron-ore pellet plants

By: Ajoy K Das     21st September 2018 India’s Mines Ministry is exploring ways to incentivise private merchant iron-ore miners to form consortiums to construct pelletisation plants in mineral bearing states, in view of a changing raw material preference of steel mills worldwide, particularly in China. Government companies like... 

Africa’s metals, engineering cluster needs to do more to attract investment 

By: Marleny Arnoldi     21st September 2018 Steel and Engineering Industries Federation of Southern Africa (Seifsa) chief economist Dr Michael Ade has declared Africa’s metals and engineering sector open for business. Ade was addressing delegates on the second day of Seifsa’s fourth annual Metals and Engineering Indaba, in Johannesburg. 

High demand for SAIW fabricator certification

7th September 2018 Nonprofit technical organisation Southern African Institute of Welding (SAIW) is encouraged to see a high number of large companies applying for Welding Fabricators Certification Scheme (WFCS) which is a quality requirement for fusion welding of metallic materials, as well as certified... 

Opinion Piece: Iron and Steel and Alcohol: a dangerous combination

By: Creamer Media Reporter      17th August 2018 The South African Iron & Steel industry is the third largest manufacturing industry in the country. Contributing to roughly 1% of the world’s crude steel, South Africa is also Africa’s largest steel producer. It’s also consistently listed as one of the most dangerous industries to work in, in the... 

Industry membership set to stimulate sector

By: Tasneem Bulbulia     17th August 2018 Steel supplier and processing company Allied Steelrode will use its new membership of the SA Institute of Steel Construction (SAISC) to play a positive role in the development and regeneration of the downstream steel industry, Allied Steelrode executive director Warne Rippon tells Engineering... 

Turkish steel makers eye exports to West Africa amid US tariff setbacks

By: Reuters     31st July 2018 Turkish steel makers are looking to expand in West Africa and other emerging markets in response to tariffs and planned quotas which threaten their sales to the United States and the European Union (EU), a senior sector official said. Namik Ekinci, board chairperson for the Turkish Steel Foreign... 

Global steel output jumps in H1 as strong margins tempt mills to ramp up

By: Reuters     26th July 2018 Global crude steel output, a gauge of economic health, rose 4.6% in the first half of this year versus the same period last year, as strong margins prompted mills in major producing countries to ramp up, industry data showed on Thursday. Crude steel production for the 64 countries reporting to... 

Africa expansion can boost local industry growth

By: Erin Steenhoff-Snethlage     6th July 2018 With South Africa being under new leadership since Cyril Ramaphosa became president, Alberton-based steel supplier and value-added processing company Allied Steelrode executive director Warne Rippon says that policy direction now finally appears to be heading in a positive and clear direction,... 

Strong attendance growth at Fastener Fair Turkey 2018

22nd June 2018 Exhibitors at the fourth edition of the Fastener Fair Turkey 2018 welcomed high calibre Turkish and international visitors for three days, with a total of 2 900 managers, engineers and buyers visiting the event. This represents an impressive 70% growth, compared with the 2016 show. 

Nalco firms up capex for current financial year

By: Ajoy K Das     31st May 2018 Indian government-owned aluminium producer National Aluminium Company Limited (Nalco) has set a capital expenditure (capex) target of $164-million for the 2018/19 financial year. According to an agreement signed with the Mines Ministry, the capex will be increasing on adding a... 

Allied Steelrode, seven others join task force to lobby for support of downstream steel industry

By: Marleny Arnoldi     21st May 2018 Steel supplier and processing company Allied Steelrode has affirmed its commitment to an industry representative group the CEO Task Force, which will aid in regenerating the country’s steel sector, through mobilising the downstream industry – which suffers the most when challenges arise in the... 

Some inroads made after ten years of the Industrial Policy Action Plan - Davies

By: Kim Cloete     15th May 2018 Ramping up production in the automotive sector, resuscitating the ailing tooling industry and boosting the clothing, textiles, leather and footwear industries are among successes the government has listed in its review of ten years of the Industrial Policy Action Plan (Ipap). Despite a... 

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... 

Downstream steel sector to be championed by CEO Task Force – Allied Steelrode a driving member

10th May 2018 Currently South Africa's steel industry – the key component of South Africa’s manufacturing sector – is facing serious challenges. In order to coordinate decision-makers, South African Institute of Steel Construction (SAISC) members, and other associations to find actionable solutions to the... 

Bell laments import duties on steel, tyres; Kamaz assembly could start in 2019 

By: Irma Venter     19th April 2018 “South African manufacturers are paying 22% too much for their steel; whether you are making lamp posts or electrical cabinets, you are not going to pay what you would pay on the global market,” says Bell Equipment CEO Gary Bell. Bell Equipment manufactures six lines of capital equipment,... 

Vanadium batteries need 'Elon Musk moment' to kick-start market

By: Bloomberg     10th April 2018 Vanadium needs Elon Musk or another big player in the global battery market to get behind the metal in order to share centre stage with other energy-storage components such as lithium and cobalt. “When we get that moment, we’re off to the races,” Vincent Algar, MD of Australian Vanadium, said in... 

Goal driven and competitive South African manufacturing can up the stakes in global competitiveness

28th March 2018 Manufacturing Indaba, the foremost Manufacturing event in sub-Saharan Africa and with its strategic partners, the dti and the Manufacturing Circle has grown exponentially, and now in its 5th year, is considered to be the leading manufacturing business platform. Manufacturing Indaba has relocated... 

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... 

Steel Plant No 3: bloom caster No 8 revamp, China

By: Sheila Barradas     9th March 2018 Chinese steel producer Nanjing Iron & Steel United Co is installing a fourth strand at its Steel Plant No 3 plant. 

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... 

Trump trade war talk spooks emerging stocks

By: Reuters     2nd March 2018 Emerging market stocks fell to two-week lows on Friday, with steelmakers taking a pounding after President Donald Trump said he would impose hefty tariffs on US imports of steel and aluminium, reviving fears of a trade war. Trump said the duties of 25% on steel and 10% on aluminium would be... 

Fluctuating primary pricing threatens the mettle of South Africa’s steel industry

26th February 2018 At present, companies in the local steel industry are finding the market very challenging. According to industry sources, much of this can be attributed to the extreme volatility of the primary pricing. “This level of volatility poses an enormous and very urgent challenge to the entire sector,”... 

Iron Plant 1 at Highveld Industrial Park for sale

By: Creamer Media Reporter      9th February 2018 Production at the Highveld Steel complex, in Witbank Mpumalanga was halted after the steel producer, EVRAZ Highveld Steel and Vanadium Limited, was placed into business rescue in April 2015. However, a business strategy was set in motion to convert the steel complex, into the Highveld Industrial... 

China's war on noxious smog stokes rally in minor metals

By: Reuters     7th February 2018 China's environmental crackdown is curbing supplies of minor metals such as steel-making ingredient vanadium and defence equipment material germanium, and fuelling an already potent price rally which shows no sign of abating. Strict environmental rules and inspections to ensure standards are... 

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... 

Chile miner CAP doubles earnings in 2017, shares rise

By: Reuters     1st February 2018 Chile iron-ore and steel producer CAP more than doubled its earnings in 2017 over the previous year, the company said in a year-end earnings report on Thursday, boosted by rising iron prices even as its total exports of the metal dropped. CAP reported profits of $130.3-million in 2017, more than... 

Indian minerals companies consider entering mining services

By: Ajoy K Das     30th January 2018 In view of the Indian government’s proposal to implement paradigm shifts in the mining policy regime, several domestic mineral processing companies have started toying with options of entering merchant mining or float arms to offer mine developer operator (MDO) services to new investors. Several... 

Rainbow ships first rare earths from Burundi mine

By: Anine Kilian     5th December 2017 LSE-listed exploration and development company Rainbow Rare Earths has exported its first shipment of rare earth concentrate from its Gakara project, in Burundi, making it Africa’s only rare earths producer. Gakara is one of the highest-grade rare earth element mining projects globally, with an... 

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... 

Goldman sees iron-ore sinking to $50/t as supply expands again

By: Bloomberg     29th November 2017 Iron-ore will weaken next year as global supplies increase including from a new mine in Brazil at the same time that steel production risks topping out in China, according to Goldman Sachs Group, which expects prices to decline back toward $50 a metric ton. Futures fell. The raw material may... 

Higher coal prices help Russia's Mechel swing to Q3 net profit

By: Reuters     28th November 2017 Russian coal and steel producer Mechel said on Tuesday higher prices for its products had helped it swing into a net profit in the third quarter after a loss a year earlier. Higher coal prices has been supporting Mechel, which borrowed heavily before Russia’s economic crisis took hold in 2014... 

India’s Steel Ministry seeks globally accepted regulations, tax for iron-ore mining

By: Ajoy K Das     15th November 2017 India’s Steel Ministry is seeking to align the domestic iron-ore mining industry with globally accepted regulations and practices as the country aims to be a 300-million-ton-a-year globally competitive steel producer by 2030. In the course of inter-Ministerial consultations about a new National... 

India’s Steel Ministry explores coal gasification plant at ICVL’s Mozambique mine

By: Ajoy K Das     30th October 2017 India’s Steel Ministry is exploring the feasibility of constructing a coal gasification plant at Indian Coal Ventures Limited’s (ICVL’s) Mozambique coal mine. The Steel Ministry has put a coal gasification plant proposal on the table close on the heels of ICVL floating a tender to appoint a mine... 

International recognition for SA stainless steel innovation

27th October 2017 The Southern Africa Stainless Steel Development Association (Sassda) was awarded the Bronze Award by the International Stainless Steel Forum (ISSF) in the category of Best New Applications Featuring New Technology, for the development of municipal water storage tanks that were made from 3 chrome... 

Steel and Vanadium complex finds new life as industrial park 

19th October 2017 A closed steel complex in Mpumalanga is finding new vigour as an industrial park, by focusing on providing key facilities for specialist services companies. 

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