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Carbon Steel

Interim IDC CEO David Jarvis
IDC optimistic of industrial investment recovery following fall in disbursements to R15.9bn
29th August 2024 By: Terence Creamer

South Africa’s Industrial Development Corporation (IDC) is optimistic of converting the rise in business confidence that has accompanied the recent easing in loadshedding and visible efforts to... 


AMANUEL GEBREMESKEL
The introduction of a quality certification programme will uplift the entire steel industry
Quality, training could safeguard the future of the steel sector – Institute
16th August 2024 By: Simone Liedtke

In the face of evolving challenges within the steel industry, the Southern African Institute of Steel Construction (Saisc) is taking decisive steps to ensure the sector’s resilience and... 


SUCCESSFUL IMPLEMENTATION
CSI is contributing to the sector’s advancement and ensuring the successful delivery of complex projects
Company’s synergistic approach drives innovation in industry
16th August 2024 By: Simone Liedtke

As the steel sector in South Africa continues to evolve, structural engineering company Cousins Steel International’s (CSI’s) initiatives and partnerships are setting new standards for efficiency... 


KEITUMETSE MOUMAKOE
The advent of the seventh administration in South Africa has instilled renewed confidence
Association emphasises need for sustained steel demand
16th August 2024

The carbon steel tube and pipe sector – akin to other sub-domestic industries that are emerging from an historically low industrial base – is emphasising the critical need for sustained demand and... 


SECURE ROOFING
The roofing nail is used extensively for securing steel roof sheeting
Firm diversifies product range
16th August 2024 By: Simone Liedtke

Specialised fastening systems manufacturer and distributor Avlock International, in Boksburg, has diversified its product range to include cordless tools, plastic fasteners and specialised... 


The Tosyali Holding logo on a piece of paper
Türkiye's Tosyali to establish integrated iron and steel plant in Angola
15th August 2024 By: Reuters

Turkish steelmaker Tosyali Holding said on Thursday that it will form a partnership with Angola's state oil company Sonangol to establish an integrated iron and steel plant. Tosyali's subsidiary in... 


Steel pipes at a market in China
World’s biggest steel producer warns of ‘severe’ industry crisis
14th August 2024 By: Bloomberg

China’s steel industry is facing a crisis more serious than the downturns of 2008 and 2015, the leading producer warned, highlighting a need to preserve cash and likening conditions to a “severe... 


Nedbank Commercial Banking national manager Amith Singh
Opinion: Transforming South Africa's manufacturing sector to embrace green and avoid falling behind
8th August 2024 By: Creamer Media Reporter

Transforming South Africa's manufacturing sector to embrace green practices is not just an environmental necessity but a strategic imperative to remain competitive on the global stage, writes... 


Substation and powerline
Eskom releases names of transformer suppliers amid rising localisation pressures
5th August 2024 By: Terence Creamer

Eskom has released the names to Engineering News of the five transformer companies appointed to a panel of suppliers that will compete for upcoming contracts for a total of 101 large-scale... 


scrap metal
Artificial demand creating ‘precarious’ scrap market conditions, commentator warns
5th August 2024 By: Darren Parker

South Africa's scrap metal sector is overinvested, international trade consultancy XA Global Trade Advisors director Donald Mackay says. "I think we've got a very weird situation, as scrap metal... 


Steel production
Steel giant sees first demand ‘green shoots’ in years as GNU prioritises infrastructure and localisation
1st August 2024 By: Terence Creamer

Steel producer ArcelorMittal South Africa (AMSA), which has been bemoaning weak domestic demand conditions for several years, reports that it is witnessing signs of “green shoots” in manufacturing... 


A production plant owned by AMSA
AMSA posts wider loss, hopes for interest rate cut
1st August 2024 By: Reuters

ArcelorMittal South Africa (AMSA) said on Thursday it is hoping for an interest rate cut during the second half of the year after losses widened on weaker demand. It logged a loss of R1.11-billion... 


Glencore CEO Gary Nagle.
Glencore expects to be able to announce coal, carbon steel demerger decision next week
30th July 2024 By: Martin Creamer

Diversified mining and marketing company Glencore expects to be able to announce the decision of the board regarding the potential demerger of its coal and carbon steel materials business next... 


scrap metal
Aggressive scrap metal policies should be based on transparent data, not conjecture, expert says
30th July 2024 By: Darren Parker

Significant alterations to existing scrap metal regulations and outright bans – albeit temporary – on the trade of certain scrap metals should not be made without access to transparent and accurate... 


Seifsa president Elias Monage
Seifsa cites problems with proposed amendments to scrap metal trading laws
24th July 2024 By: Darren Parker

Industry body the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has criticised the proposed amendments to the Regulations to the Second-Hand Goods Act put forward for... 


Coking coal prices remain under pressure amid weak steel production
23rd July 2024 By: Sabrina Jardim

Research agency BMI has maintained its Australian coking coal price forecast for this year at $260/t, as prices remain under pressure as a result of weak demand. BMI notes in its ‘Coking Coal... 


scrap metal with crane
New online information hub on South African scrap metal industry launched
23rd July 2024 By: Darren Parker

A new online platform called MyScrapMatters has been launched, acting as a single centralised hub to provide comprehensive information about the scrap metal industry in South Africa. The aim of the... 


Aliko Dangote
Dangote to scrap steel investment over allegations of monopoly
22nd July 2024 By: Bloomberg

Aliko Dangote, Africa’s richest man, is calling off plans to invest in a new steel plant in Nigeria after the government accused him of seeking to become a monopoly with his new refinery in the... 


Economic growth a top priority for GNU
Economic growth a top priority for GNU
19th July 2024 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses the key themes of interest to business raised during President Cyril Ramaphosa's Opening of Parliament speech; the ongoing and new reforms that... 


Growth in cleaner steel project pipeline puts industry’s net-zero goal in sight
18th July 2024 By: Sabrina Jardim

The global iron and steel industry made major strides towards achieving its net-zero goals in the past year, with more lower-emission steelmaking electric arc furnaces (EAFs) coming online and... 


Speakers participating in a webinar on the EU's Carbon Border Adjustment Mechanism
Establishment of carbon borders not supported by climate finance commitments
11th July 2024 By: Schalk Burger

The European Union (EU) is one of the first regions to establish a Carbon Border Adjustment Mechanism (CBAM) scheme, with the current requirement that companies report on the total carbon footprint... 


Manufacturing Circle executive director Philippa Rodseth
AMSA long-steel extension to boost economy, Manufacturing Circle's Rodseth says
10th July 2024 By: Bloomberg

ArcelorMittal South Africa's (AMSA's) decision to continue operating its long-steel unit has given the country an opportunity to re-energize local manufacturing, Manufacturing Circle executive... 


A generic image of large steel components
Strong relationships underpin success
5th July 2024

Structural steel fabrication company Cousins Steel International (CSI) asserts that succession planning and robust synergies are the catalysts that have led to its enduring success. The company,... 


An image of Charles Dedham
Onus on sector to optimise steel capacity – SAISI
5th July 2024 By: Lumkile Nkomfe

Amid the mounting challenges of slow economic growth and increased steel imports, steel representative organisation the South African Iron and Steel Institute (SAISI) emphasises the need to address... 


An image of the Morris Material Handling staff personnel
Company awarded tender for 100-t crane
5th July 2024

Steel manufacturing corporation ArcelorMittal South Africa (AMSA) has awarded a tender for a 100-t engineered crane to Southern Africa’s largest crane company Morris Material Handling. Morris... 


An image of a steel structure
Steel key to circular economy
5th July 2024

Not-for-profit trade organisation, the Hot Dip Galvanizers Association of South Africa (HDGASA) implores its members to embrace the important role that steel can play in promoting a circular... 


The Geobrugg management team cut the ribbon at the newly inaugurated manufacturing facility in Lanseria
Geobrugg inaugurates new steel wire mesh manufacturing facility
4th July 2024 By: Darren Parker

Steel wire net manufacturer Geobrugg Africa has inaugurated its first high-tensile steel production facility in Africa in Lanseria, Gauteng. The facility boasts a new TECCO manufacturing machine to... 


ArcelorMittal South Africa CEO Kobus Verster
AMSA to continue operating longs business, but instability at flats unit hits earnings
2nd July 2024 By: Terence Creamer

Despite a negative trading update, steel producer ArcelorMittal South Africa (AMSA) has announced that it will continue to operate its longs business, the closure of which was deferred earlier this... 


China's Tsingshan $1bn steel plant in Zimbabwe starts production
21st June 2024 By: Reuters

China's nickel giant Tsingshan Holding Group has started production at its $1-billion steel plant in central Zimbabwe, a company official said on Thursday. Tsingshan's Dinson Iron and Steel Company... 


An image of a bridge being built over a canyon
Cost-effective corrosion technology excels in harsh climates
7th June 2024 By: Nadine Ramdass

Corrosion control specialist Cortec’s migrating corrosion inhibitors (MCIs) technology offers a cost-effective solution to extend structural service life in high-temperature areas, such as those in... 


AMSA CEO Kobus Verster
Just Share unhappy that its question was not addressed at AMSA’s AGM
27th May 2024 By: Darren Parker

Nonprofit activist organisation Just Share has accused ArcelorMittal South Africa (AMSA) of sub-par AGM governance because the chairperson closed the company’s AGM on May 24 before addressing a... 


Scrap metals
Get Steel invites comment on proposed foundry project in Benoni
17th May 2024 By: Marleny Arnoldi

Local steel processing company Get Steel has invited interested and affected parties to submit comments on a draft scoping report into the refurbishment of the Naledi Foundry, in Benoni, Gauteng.... 


Seifsa president Elias Monage
Seifsa, unions commit to addressing access to housing for sector employees
15th May 2024 By: Schalk Burger

The Metal and Engineering Industries Bargaining Council (MEIBC) negotiations have concluded with a 7% wage increase over the next year for entry-level workers in the metals and engineering industry... 


Tribunal orders Emfuleni municipality to provide documents to Cape Gate in excessive pricing matter
15th May 2024 By: Creamer Media Reporter

The Competition Tribunal has ordered the Emfuleni local municipality to provide various documents to steel producer and electricity consumer Cape Gate, which alleges that the municipality... 


scrap metal
Enhanced regulation, law enforcement needed to combat scrap metal theft
3rd May 2024 By: Darren Parker

Enhanced regulation and enforcement are needed to address the challenges of scrap metal theft in South Africa and potentially lift the ban on scrap metal exports, research and advisory firm Birguid... 


blast furnace at AMSA
AMSA to convert one Vanderbijlpark blast furnace to an electric arc furnace by 2028
2nd May 2024 By: Darren Parker

Steelmaker ArcelorMittal South Africa (AMSA) CEO Kobus Verster has confirmed that the company will be converting one of its three blast furnaces into an electric arc furnace (EAF) within the next... 


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