R/€ = 17.01 Change: -0.06
R/$ = 16.73 Change: -0.06
Au 1770.19 $/oz Change: -2.96
Pt 931.50 $/oz Change: -0.50


Steel fabricator focuses on ongoing mining projects

By: Dimakatso Motau     9th July 2010 Structural steel fabricator Cosira reports that its work with global resources company BHP Billiton is on track. 

Steel construction company 
part of $33,8bn cement plant construction

9th July 2010 Steel construction company B & T Steel has been appointed by construction company Forca, which is one of the subcontractors working on the construction of a maintenance workshop for the $33,8-billion Ohorongo cement plant.  

World association reports steel production increase

By: Loni Prinsloo     9th July 2010 The World Steel Association reports that global steel production increased by 29,1%, in May, to 124,8-million tons of steel, compared with just over 96-million tons of steel produced in the corresponding period of 2009. 

China to remove tax rebates for some steel grades

By: Bloomberg     9th July 2010 The world’s biggest steel producer China will remove export tax rebates on some products, the first move to reduce tariffs in almost three years, amid concern that rising shipments will prompt tariffs by other countries. 

Raising the bar in steel frame construction

By: Henry Lazenby     9th July 2010 The Southern African Light Steel Frame Building Association (Sasfa) has been instrumental in the creation of a national standard for light steel frame building (LSFB) for this fledgling industry. 

Steel giant aims to expand iron-ore capacity by 66% in five years

By: Bloomberg     9th July 2010 The world’s biggest steelmaker ArcelorMittal plans to expand its iron-ore capacity by two-thirds within the next five years to protect against price volatility, says CEO Lakshmi Mittal. 

Japan steelmaker expects acceptance of steel price hikes

By: Bloomberg     9th July 2010 Japan’s second-largest steelmaker JFE Holdings reports that is expects automakers and other customers to accept increased steel prices, as raw material costs rise. 

Chinese steel 
capacity expansions continue, despite government ban

9th July 2010 Steel and raw materials research company SBB Research & Consulting reports that Chinese steel producers are ignoring government rules that ban capacity expansions. 

Global steel life-cycle inventory released

26th February 2010 The World Steel Association (Worldsteel) has released its 2010 global steel life-cycle inventory (LCI). The data sets provide data on the environmental profile of 16 key products, representative of the spectrum of steel production. 

Institute reports 
industry growth 
over next ten years

26th February 2010 There will be substantial development in the local steel construction industry over the next ten years, says Southern African Institute of Steel Construction (SAISC) executive director Dr Hennie de Clercq. 

Steel factory 
refurbishment complete

By: Eleanor Seggie     26th February 2010 The upgrading project on structural engineers and contractors DSE’s Vanderbijlpark facility has been completed and launched at the end of January. The original 28 000-m2 facility, has been extended by 6 000 m,2 with total production output of the factory at 4000 t/m of steel. The facility offers... 

Local steel fabricator breaks into the South American market

By: Eleanor Seggie     26th February 2010 Steel fabrication company the Cosira group opened a new office in Santiago, Chile, in January this year. The office will service emerging and expanding mining and infrastructural sectors in South America. 

Structural steel detailing school yields first graduates

By: Eleanor Seggie     26th February 2010 Construction firm Grinaker-LTA, through its structural engineers and contractors DSE division, supplied and fabricated 3 900 t of structural steelwork for the Moses Mabhida stadium says DSE MD Kobus Marais. 

Restructured operations enhance service

By: Eleanor Seggie     26th February 2010 Steel tube and pipe manufacturer Robor has restructured its Elandsfontein operations to expand its service offering and deliver a more comprehensive, simplified approach to projects. This initiative groups all value-added services under one division with one management structure for improved... 

Light steel frame building sector recovers

26th February 2010 The light steel frame building (LSFB) sector is recovering from the recession trend, having shown growth of about 10% for the 2009 calendar year and a forecast for similar results for 2010, reports the Southern African Light Steel Frame Building Association (Sasfa). 

New machine increases production

By: Eleanor Seggie     26th February 2010 Steel construction company B&T Steel is confident that the steel demand in the county will increase and, in preparation for this, has bought an in-line computer numerical-controlled drilling and cutting machine from Germany. 

Steel industry lags behind in skills development

By: Eleanor Seggie     26th February 2010 The South African steel industry lacks technical and engineering skills and training given that, from 1998 to 2007, only 12,9% of the students enrolled across all engineering courses at universities and technikons achieved a degree or diploma (41 480 of the almost 321 460 enrolments). 

Industry buckling under price fluctuations

By: Eleanor Seggie     26th February 2010 Steel service centre VR Laser Services marketing director Benny Jiyane says that the South African steel industry is buckling under fluctuations in steel prices and the economic cycle. 

Supplier remains positive, despite strain on sales

By: Eleanor Seggie     26th February 2010 Technical products and services supplier Yale Engineering Products sales director Steven Claase reports that the company’s sales in the steel industry have dropped by between 30% and 40%, over the past year. 

Steel major seeks new iron-ore partnerships

By: Terence Creamer     26th February 2010 JOHANNESBURG ( - South African steel producer ArcelorMittal South Africa is intensifying its efforts to secure control of additional iron-ore and coking coal resources in Southern Africa, and was ready to partner with black economic empowerment (BEE) companies that have secured... 

Lightweight steel solution for shopping centre

26th February 2010 A unique lightweight steel walling solution has been provided by steel solutions company Vela Steel Building Systems to construction and engineering group Grinaker-LTA for the new foodcourt and restaurant area, at the Eastgate shopping centre, in Bedfordview. Grinaker-LTA’s Building Inland... 

Local steel producer will soon be on the market

By: Petronel Smit     27th November 2009 South African steel producer Scaw Metals is one of the assets to be sold off by diversified mining group Anglo American (Anglo) in an effort to focus its activities on mining.


Global steel demand expected to grow in 2010

27th November 2009 Industry association the World Steel Association forecasts that apparent steel use will contract globally by -8,6% to 1,104-million tons in 2009 after declining by -1,4% in 2008, while global steel demand in 2010 is forecast to grow by 9,2% to 1,206-million tons. 

Production declines, 
but recovery expected

27th November 2009 Preliminary figures released by nonprofit research organisation the International Stainless Steel Forum (ISSF) show that stainless steel crude steel production decreased in the first half of 2009 by 26,7% compared with the same period of 2008. Total production for the first six months of 2009 was... 

Steel giant expects stronger fourth-quarter results

27th November 2009 Steel producer ArcelorMittal South Africa expects results in the fourth quarter of 2009 to strengthen as improved domestic demand drives higher sales and the impact of lower raw material prices is felt for a full three-month period. 

Steel mesh producer broadens its market base

By: Julian Kraft     18th September 2009 A leading manufacturer and supplier of steel welded mesh, wire coils and bars Steeledale Mesh has steadily broadened its market base in recent years. The 40-year-old company, which is also a member of the listed Aveng group, has grown its yearly turnover by more than 30% over the past five years... 

Steel construction industry weathering the economic crisis

10th July 2009 The Southern African Institute of Steel Construction (SAISC) reports that its members are weathering the current economic crisis owing to the need for steel in the construction of power stations, says SAISC executive director Dr Hennie de Clercq. 

Steel tubing and piping giant to build 20 000-m2 facility

By: Beth Shirley     10th July 2009 Steel tubing and piping giant Robor is currently building a 20 000 m2 value-added facility, valued at R100 000, in order to produce greater structural tubing for the infrastructure market.  

Steel industry focuses on its environmental footprint

By: Brindaveni Naidoo     10th July 2009 Industries across the world have mobilised to improve their environmental footprints, and the steel industry is no stranger to this commitment.  

Global steel giant must be transparent in its environmental master plan, says report

By: Brindaveni Naidoo     10th July 2009 A report entitled ‘ArcelorMittal: Going nowhere slowly’, which is a review of the global steel giant’s environmental and social impacts for 2008/9 states that the company continues to use corporate spin, evasion, and the bureaucracy of meetings in South Africa to delay the inevitable: peoples’... 

Court sends excessive pricing ruling back to Competition Tribunal

By: Creamer Media Reporter      10th July 2009 Lawyers for gold miner Harmony, which referred the complaint of excessive pricing against ArcelorMittal South Africa to the Competition Tribunal in 2004, expressed disappointment, in May, with the Competition Appeal Court’s decision to uphold the steel producer’s appeal against the tribunal’s... 

EU, US complain at WTO over Chinese 
export curbs

By: Bloomberg     10th July 2009 The European Union (EU) and the US complained at the World Trade Organisation (WTO) about Chinese export restrictions on raw materials such as magnesium, coke and zinc. 

US and European world crude steel production falling sharply

10th July 2009 World crude steel output fell by 21% in May, with production from the US and European producers falling sharply. 

Structural-steel export council promotes international business relations

10th July 2009 South Africa’s structural-steel export council International Steel Fabricators (ISF) has returned from a successful marketing excursion to Argentina where it organised for three of its leading engineering company members, Cosira, DSE and Vital Engineering, to network with a selection of steel... 

Steel producers want 
competition probe of 
Rio/BHP iron-ore deal

10th July 2009 Competition authorities should interrogate the potential anticompetitive consequences for the iron-ore market should the newly-unveiled Rio Tinto/BHP Billiton joint venture (JV) be allowed to proceed, the World Steel Association (Worldsteel) said at the weekend. 

ArcelorMittal may 
restart two furnaces

By: Bloomberg     10th July 2009 The world’s biggest steelmaker ArcelorMittal may restart two blast furnaces at its Indiana manufacturing facility to take advantage of higher demand, CEO Lakshmi Mittal said. 

Stainless steel output in first quarter slumped to worst level since 2000

By: Creamer Media Reporter      10th July 2009 Only 4,8-million tons of stainless steel was produced worldwide in the first quarter of 2009, the lowest quarterly output level since 2000, the International Stainless Steel Forum (ISSF) reported last month. 

Local cladding panels 
supplied for London based school upgrade

10th July 2009 Vitreous enamelled product manufacturers Vitrex has exported its Vitreous enamelled steel panels to England for the cladding of ground floor extensions at a 112-year-old school, in London.


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