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Stainless Steel News

AMSA’s shares rise on finalisation of Macsteel sale

By: Marleny Arnoldi     5th November 2018 Steel producer ArcelorMittal South Africa (AMSA) has finalised the sale of its 50% interest in Netherlands-based Macsteel International Holdings for nearly R3-billion to a subsidiary of Macsteel Holdings Luxembourg. The sale is expected to strengthen the company’s balance sheets, amid... 

ERG forecasts strong metals price recovery

By: Marleny Arnoldi     29th October 2018 Diversified miner Eurasian Resources Group (ERG) forecasts a strong metals price recovery ahead, including for copper, cobalt, aluminium, ferrochrome and iron-ore. “Our view that commodities have fallen foul of wider macroeconomic concerns and the changing geopolitical landscape was confirmed... 

Local stainless steel products promoted

26th October 2018 The Southern African Pump Systems Development Association (Sapsda) and Southern Africa Stainless Steel Development Association (Sassda) continue to promote the local manufacture of stainless steel products such as pumps, valves and sealing systems to compete internationally and stimulate growth.... 

ROLLING Stainless steel is a durable low maintenance material
Photo by Dylan Slater
ROLLING Stainless steel is a durable low maintenance material

2018 Sassda awards celebrate innovation

By: Thabi Madiba     26th October 2018 The Southern Africa Stainless Steel Development Association (Sassda) Columbus Stainless Awards are a testament to the strength and durability of the South African stainless steel industry, says Sassda executive director John Tarboton. With this year’s awards theme being “celebrating innovation”,... 

SEZ to boost stainless steel industry

By: Thabi Madiba     26th October 2018 The Limpopo-based export-oriented mega mineral energy complex, in a special economic zone (SEZ), in which Chinese State-owned companies are set to invest, is “the biggest thing on the horizon” in the local stainless steel industry, says Southern Africa Stainless Steel Development Association... 

HANDS ON The metallurgical complex will increase job opportunities in the stainless steel industry
HANDS ON The metallurgical complex will increase job opportunities in the stainless steel industry

Manufacturer supplies stainless steel diesel field stoves to SANDF

26th October 2018 Manufacturer and exporter Desert Wolf plays an instrumental role in project teamster, which is the new South African National Defence Force (SANDF) project to upgrade the complete field kitchen facilities for the defence force and is currently supplying it with a range of stainless steel diesel... 

EXCELLENT RESISTANCE 
Desert Wolf supply mobile field cooking units made from stainless steel
EXCELLENT RESISTANCE Desert Wolf supply mobile field cooking units made from stainless steel

South Africa welcomes product exclusion for some steel, aluminium products from Section 232 duties

By: Simone Liedtke     24th October 2018 Following an announcement that the US Department of Commerce has granted product exemptions for certain aluminium and steel products, Trade and Industry Minister Dr Rob Davies on Wednesday welcomed the positive developments as a step towards normalising trade relations between South Africa and... 

Steel Awards showcase resilience, workmanship in South African steel industry

By: Simone Liedtke     12th October 2018 South African Institute of Steel Construction (SAISC) CEO Paolo Trinchero believes the industry continues to produce “outstanding work, [which] demonstrates its capability and expertise”. Speaking at its yearly Steel Awards function on Thursday evening, he said there was continued perseverance in... 

Steel Awards showcase resilience, workmanship in South African steel industry

AMSA to finalise Macsteel sale by Dec

By: Marleny Arnoldi     27th September 2018 Steel producer ArcelorMittal South Africa’s (AMSA’s) shareholders on Thursday approved the sale of AMSA’s 50% indirect interest in Netherlands-based Macsteel International Holdings (MIH) to a subsidiary of Macsteel Holdings Luxembourg for $220-million, or R2.8-billion. AMSA advised that the... 

Global crude steel production rises 2.6% y/y in August

By: Simone Liedtke     25th September 2018 Global crude steel production increased by 2.6% year-on-year to 151.7-million tonnes in August, the World Steel Association (worldsteel) reports. According to the data, which was released on Tuesday, China’s crude steel production for August was 80.3-million tonnes, an increase of 2.7% compared... 

Global steel production, consumption growth to slow – Fitch

By: Tasneem Bulbulia     18th September 2018 Growth in global production and consumption of steel in expected to slow over 2018/19, following a significant rebound since early 2016, Fitch Solutions Macro Research’s recently published ‘Global Steel Outlook’ report states. The global market will post a narrowing deficit of 7.4-million tonnes... 

Solidarity reaches wage agreement with AMSA

By: Marleny Arnoldi     8th August 2018 Trade union Solidarity has reached common ground with steel giant ArcelorMittal South Africa (AMSA) and has signed a wage agreement that is “favourable to all parties”. This follows after the union on July 13 referred its dispute with AMSA to the Metal and Engineering Industries Bargaining... 

Chinese investors plan $10bn metallurgical complex in South Africa

By: Reuters     27th July 2018 Chinese investors signed agreements to build a $10-billion metallurgical complex in South Africa during President Xi Jinping's state visit this week and hope to start construction next year, an executive involved in the project and a provincial official told Reuters. South Africa's President... 

Tiso Blackstar to sell non-core steel subsidiary to Macsteel

By: Marleny Arnoldi     2nd July 2018 Publishing group Tiso Blackstar is in the process of selling 100% of the issued share capital of its non-core asset Consolidated Steel Industries (CSI) to Macsteel Service Centres South Africa.  

Global steel production rises 6.6% y/y in May

By: Anine Kilian     25th June 2018 Global crude steel production increased by 6.6% year-on-year to 154.9-million tonnes in May, the World Steel Association (worldsteel) reported on Monday. China’s crude steel production increased by 8.9% year-on-year to 8.1-million tonnes in May, while Japan produced 9.1-million tonnes of crude... 

Company hits 500 mark in sales

By: Halima Frost     15th June 2018 Over the past 23 years, industrial services company The Dickinson Group has sold more than 500 specialised stud welding machines, says company refractory anchor division manager Miles Simpson. The machines were provided by Germany-based welding machine suppliers Soyer and UK-based welding... 

MULTIFUNCTIONAL STUD WELDER
A Soyer BMH-22i characterised by its invariably high welding capacity.
MULTIFUNCTIONAL STUD WELDER A Soyer BMH-22i characterised by its invariably high welding capacity.

Industry body assumes consultancy role in DHET initiative

By: Halima Frost     15th June 2018 The Southern African Institute of Welding (SAIW) has been appointed by the Department of Higher Education and Training (DHET) to act as the consultants in the welding aspect of the Centres of Specialisation Programme. Higher Education and Training Minister Naledi Pandor outlined in March that the... 

SEAN BLAKE
A good skills set, local labor and governments investment are what is needed
SEAN BLAKE A good skills set, local labor and governments investment are what is needed

Supplier outlines simple welding equipment compliance test

By: Halima Frost     15th June 2018 Power tool and hardware wholesaler Matus has introduced a two-year guarantee on all its Matweld welding machines, which contrasts with the industry norm of one year. “The testing of our Matweld range is done in compliance with ISO standards and we take pride in the fact that we can offer the... 

ALL IN ONE UNIT
500 A Inverter MIG welder supplied by Matweld complete with a separate wire feeder
ALL IN ONE UNIT 500 A Inverter MIG welder supplied by Matweld complete with a separate wire feeder

South African company develops new generation field kitchens for army

By: Rebecca Campbell     13th June 2018 South African company Desert Wolf has started Phase 2 of its contract to design, manufacture and deliver stainless steel diesel-fired field kitchens to the South African National Defence Force, ordered under Project Teamster. The company only uses stainless steel to make its trailers. “During... 

One of the new Desert Wolf field kitchens for the South African Army
Photo by Desert Wolf
One of the new Desert Wolf field kitchens for the South African Army

Decline in machine tools indicative of manufacturing state

By: Halima Frost     8th June 2018 Although machine tools are the backbone of most industries, their market volume has decreased by 30% a year in the past three years, reflecting the state of the manufacturing sector, says Machine Tool Merchants Association (MTMA) chairperson Paul Savides. “It seems as if we are already 20% down... 

MACHINES ON DISPLAY
Machine tools on display at the Machine Tool Africa Expo hosted by MTMA
MACHINES ON DISPLAY Machine tools on display at the Machine Tool Africa Expo hosted by MTMA

Solidarity launches four-pronged steel industry initiative amid global steel crisis

By: Schalk Burger     5th June 2018 Trade union Solidarity on Tuesday launched a four-pronged initiative to address and mitigate the impacts of the global steel crisis on local steel producers in an attempt to save jobs and local manufacturing capacity. Solidarity deputy general secretary for metals engineering Marius Croucamp... 

The old Evraz Highveld Steel and Vanadium plant in eMalahleni
The old Evraz Highveld Steel and Vanadium plant in eMalahleni

US tariffs cause global trade uncertainty in steel sector

By: Erin Steenhoff-Snethlage     1st June 2018 The stainless steel sector is currently experiencing global trade uncertainty, owing to trade barriers being considered globally, as a result of the US duties on steel and aluminium, says Middleburg-based stainless steel producer Columbus Stainless CEO Lucien Matthews. The US duties include a 25%... 

JUST COLLATERAL 
The South African stainless steel industry is collateral in the trade wars initiated by the US
Photo by Dylan Slater
JUST COLLATERAL The South African stainless steel industry is collateral in the trade wars initiated by the US

Water pipes, electric vehicles potential growth markets for stainless steel

By: Erin Steenhoff-Snethlage     1st June 2018 The South African stainless steel sector can benefit from the rise in electric vehicles and the replacement of water pipes, says Southern Africa Stainless Steel Development Association executive director John Tarboton. “Getting stainless steel water pipes into the water system has been a big... 

Sector recovery affords new opportunities for banding company

By: Erin Steenhoff-Snethlage     1st June 2018 Stable growth in the electricity sector will likely have a positive effect on sales, says Jet Park-based stainless steel banding company Banding and Identification Solutions South Africa (Bisa) sales director Rosa Dos Remendos. “This is positive, as the sector is a major market for our stainless... 

BUCKLING UP
Bisa stainless steel products can be used for a variety of projects and are suitable for niche markets
BUCKLING UP Bisa stainless steel products can be used for a variety of projects and are suitable for niche markets

South African steel companies urged to diversify markets in wake of US tariff setback

By: Kim Cloete     31st May 2018 South African steel companies need to continue to look for new markets, particularly in Africa, following the recent setback in which the US government decided not to grant South Africa an exemption on steel and aluminum tariffs, says Economic Development Minister Ebrahim Patel. “We will need to... 

Economic Development Minister Ebrahim Patel
Economic Development Minister Ebrahim Patel

Manufacturing sector investment to remain stable in Q2 – Manufacturing Circle  

By: Anine Kilian     29th May 2018 The Manufacturing Circle Investment Tracker (MCIT) for the first quarter of this year shows there has been investment into the manufacturing sector in the past 15 months, but that investment is declining. Presenting key findings of the MCIT, in Centurion, on Tuesday, Manufacturing Circle... 

Manufacturing Circle executive director Philippa Rodseth
Manufacturing sector investment to remain stable in Q2 – Manufacturing Circle

Coega perfectly poised to participate in lithium-ion battery industry – CDC

By: Simone Liedtke     23rd May 2018 The Coega Special Economic Zone (SEZ) is at an advanced stage of setting up factories that will supply gigawatt factories with manganese, a key ingredient in most lithium-ion batteries. Coega Development Corporation (CDC) business development metallurgic sector manager Sadick Davids says the SEZ... 

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... 

Allied Steelrode executive director Warne Rippon
Allied Steelrode executive director Warne Rippon

Solidarity announces action plan on US steel, aluminium import tariffs

By: Marleny Arnoldi     14th May 2018 Trade union Solidarity on Monday announced an action plan in response to the decision by the US not to grant the South African steel and aluminium industry exemption from import tariffs on steel and aluminium.  

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... 

Subramanian resigns as AMSA CFO

By: Marleny Arnoldi     8th May 2018 Dean Subramanian will step down as executive director and CFO of ArcelorMittal South Africa (AMSA) on July 31, to pursue an opportunity outside the company.  

Hulamin responds to US import tariff, says markets for niche products strong

By: Simone Liedtke     4th May 2018 South Africa’s exclusion from a list of countries exempted from tariffs imposed by the US on steel and aluminium imports should not have an immediate impact on local producer Hulamin, but it has increased long-term risks, the JSE-listed company said on Friday.  Hulamin, whose share price has... 

Renewed optimism in industry for Middelburg-based Columbus Stainless steel plant 

5th April 2018 Middelburg-based Columbus Stainless aims to remain committed to the growing domestic stainless steel market, while Sassda believes that 2018 may be the year to break the downward trend of consumption in South Africa. 

Renewed optimism in industry for Middelburg-based Columbus Stainless steel plant
Renewed optimism in industry for Middelburg-based Columbus Stainless steel plant. Editing: Christo Greyling

Competition Commission approves Amsted’s acquisition of Scaw Cast Products

By: Marleny Arnoldi     29th March 2018 The Competition Commission has approved the proposed acquisition by US-based manufacturer Amsted Rail Company of Cast Products South Africa (SA).  

Trade back on the global, African agenda 

29th March 2018 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about Africa’s plans to conclude a continental free trade agreement and South Africa’s discussions with the US regarding steel tariffs. 

Trade back on the global, African agenda
Trade back on the global, African agenda

Global crude steel production increases 3.5% y/y in February

By: Simone Liedtke     26th March 2018 Global crude steel production increased by 3.5% year-on-year to 131.8-million tonnes in February, the World Steel Association (worldsteel) reported on Monday. Africa’s crude steel production increased by 4% year-on-year to 1.1-million tonnes, mainly as a result of a 7.6% year-on-year increase in... 

China partially wins WTO case over Obama-era US tariffs

By: Reuters     22nd March 2018 The US did not fully comply with a 2014 ruling against its anti-subsidy tariffs on a range of Chinese products, a World Trade Organisation compliance panel said in a ruling on Wednesday that either side can appeal within 20 days. The ruling came ahead of the White House's announcement on... 

China partially wins WTO case over Obama-era US tariffs
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