https://newsletter.en.creamermedia.com
Africa|Export|Mining|Pipes|Projects|Services|Steel|Tubes|Products
Africa|Export|Mining|Pipes|Projects|Services|Steel|Tubes|Products
africa|export|mining|pipes|projects|services|steel|tubes|products

Steel tube association’s drive to open new export markets to receive boost

26th August 2019

By: Simone Liedtke

Creamer Media Social Media Editor & Senior Writer

     

Font size: - +

The Steel Tube Export Association of South Africa’s drive to open up more export markets for its members will receive a major boost when it participates in an outward selling mission (OSM) to Australia from September 1 to 7.

The association’s CEO Keitumetse Moumakoe will be one of 25 businesspersons travelling to Perth for the OSM.

The ISM, which is organised and funded by the Department of Trade, Industry and Competition (DTIC), will coincide with the yearly Africa Down Under international conference and trade exhibition, where South African companies will also showcase their manufactured products and services.

“Our participation in the mission to Australia is part of our concerted efforts to seek competitive export markets for the manufacturers of the country’s steel tubes and pipes,” Moumakoe says, adding that the association’s main objective is to gather information on which projects in the pipeline in Australia financiers are willing or planning to invest in.

This, he says, will assist the association in determining how South African companies can explore opportunities to participate in various stages of the projects by exporting their products and expertise to Australia.

The association is determined to resuscitate the Australian market, which used to be one of the traditional markets for the South African steel and tube industry, Moumakoe said.

“There are a lot of mining activities in Australia and it used to be traditional market for our exports,” he says, adding that South Africa gradually lost that market to countries like China and Taiwan over the years owing to the country’s products not being competitive enough in the export market. The high cost of the input material reduced South Africa’s competitiveness.

However, the association has embarked on a drive to resuscitate the Australian market to cope with the US’s Section 232 regulation which negatively impacts South Africa’s exports.

“We have to diversify our markets and redirect our products to Europe and Asia,” Moumakoe stated.

The association is also working closely with the DTIC to facilitate market access for steel tube manufacturers in various African countries for their products and services.

“The Trade Invest Africa unit of the DTIC is assisting us considerably in tapping into the African markets and unlocking opportunities by dealing with challenges related to non-tariff barriers,” Moumakoe added.

“We are also working with the department on various trade missions and national pavilions. The South African foreign economic representatives located in various countries across the continent are also collaborating with us in our efforts to penetrate the African markets.”

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

 

Showroom

Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

VISIT SHOWROOM 
Immersive Technologies
Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.

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:0.183 0.276s - 202pq - 2rq
Subscribe Now