https://newsletter.en.creamermedia.com
Africa|Automotive|Business|drives|Environment|Export|Projects|rail|Stainless Steel|Steel|Sustainable|Training|Water|Products|Solutions
Africa|Automotive|Business|drives|Environment|Export|Projects|rail|Stainless Steel|Steel|Sustainable|Training|Water|Products|Solutions
africa|automotive|business|drives|environment|export|projects|rail|stainless-steel|steel|sustainable|training|water|products|solutions

Poor consumption drives change in strategy

RESPONDING TO MARKET NEEDS Columbus Stainless continues to respond to market needs with the introduction of its new grade variations to suit specific market and application requirements, such as the temper rolled 301L with high strength and corrosion resistance for passenger rail cars

Photo by Columbius Stainless

ACCOMMODATING DEMAND With Columbus Stainless’ melting capacity of a million tons, it has sufficient capacity to accommodate existing or expanding demand in the coming years

Photo by Columbius Stainless

20th September 2024

By: Lynne Davies

Creamer Media Reporter

     

Font size: - +

Steel mill Columbus Stainless notes that apparent yearly consumption of stainless steel continues to decline in South Africa, with Columbus Stainless senior local sales manager Nocwaka Ntshangase explaining that this, “unfortunately, is a reflection of the lack of much-needed economic growth in South Africa”.

Ntshangase adds that, as a consequence, more work needs to be done to grow consumption for South African-produced stainless steel beyond South Africa’s borders.

She notes that improved stainless-steel demand in countries such as those in Europe has helped to improve Columbus’ production rate, however, the effect has been limited given the restrictions on exports imposed by trade measures.

Consequently, Columbus’ strategy is aimed at finding “niche” export markets.

Ntshangase explains that the impact of trade tariffs for producers exporting to overseas countries, particularly in Europe, cannot be avoided. This further entrenches the company’s need to focus on “niche” markets, where tariffs or duties on specific products are unlikely.

She points out that, “the 25% tariff in the US and the out-of-quota tariff of 25% in Europe have a significant impact on our business, as it restricts what and how much can be sold in these markets”.

Moreover, Mexico is following suit with a 25% duty that adds to “an already challenging environment”, according to Ntshangase.

She notes that Columbus Stainless does what it can to function within these restrictions but hopes that the government can provide or negotiate a sustainable solution for the South African industry.

Meanwhile, there are persistent efforts around market development initiatives that are aimed at increasing demand for stainless steel in the domestic market.

“With a melting capacity of a million tons, Columbus has sufficient capacity to accommodate existing or expanding demand in the coming years,” emphasises Ntshangase.

Columbus Stainless continues to respond to market needs with the introduction of its new grade variations to suit specific market and application requirements.

The company introduced temper rolled 301L with high strength and corrosion resistance for passenger rail cars, as well as grades such as 436 and 444, which ensure longer life in automotive and water handling applications.

For higher temperature applications, type 1.4841 or 310Si and 347 are now available. Additionally, the company’s work to improve the ‘workhorse’ 3CR12 utility steel grade by adding a high-strength version – the 3CR12HP400 – has allowed it to cater to more “demanding” applications.

Columbus also offers a limited range of carbon steels, in addition to its traditional range of stainless steels. Type S355 and SAE 1008 are available in versions suitable for galvanising or general use.

A hard-wearing grade and higher strength – up to S550 – is in development and will be ready for the market imminently.

Moreover, the company is supporting research and development projects at local universities and assisting in keeping the curriculum up to date. Its in-house training curriculum is also being updated owing to new developments in the market.

Ntshangase concludes that Columbus Stainless is very focused on market development in South Africa, as well as exploring new export opportunities, adding that the company’s flexibility in product development helps it to provide products and solutions that the country, and the rest of the globe, needs.

Edited by Nadine James
Features Deputy Editor

Comments

 

Showroom

RioCarb
Rio-Carb

Introducing the Rio-Carb Smart Chute Concept - a revolutionary advancement in materials handling, designed for the toughest industries like mining...

VISIT SHOWROOM 
Klüber Lubrication
Klüber Lubrication

Klüber Lubrication ensures that the world’s essential systems—drive units, machines, and water flow—operate efficiently, sustainably, and reliably...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.21 0.259s - 194pq - 2rq
Subscribe Now