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The electric steel producers of South Africa are calling on government to keep the export tax on scrap steel in place as it helps ensure the viability of greener domestic steel production by...
The first hot-rolled coil (HRC) has been produced at Scaw Metals’ Union Junction complex in Ekurhuleni, heralding the reintroduction of competition into South Africa’s flat-steel market. The...
Although mid-tier mining and materials company Afrimat recorded a year-on-year revenue increase of 44.3%, from R2.8-billion to R4.1-billion for the six months ended August 31, its operating profit...
China will account for less than half of global steel consumption in 2024 for the first time in six years, according to the World Steel Association, as the decline in the country’s real estate...
Africa contributes about 2% of global GDP, but provides about 30% of global raw materials. However, if African manufacturers focus on adopting modern manufacturing technologies and creating smart...
It is anticipated that the implementation of the EU’s Carbon Border Adjustment Mechanism (CBAM), which will take effect in 2026, will significantly affect the South African manufacturing sector,...
South African manufacturer Malben Engineering, of Nigel, is pioneering the use of green steel in the production of automotive components for leading local original equipment manufacturers (OEMs)....
Government’s support for, and commitment to, addressing the removal of export tax on scrap metal, resetting the price preference system (PPS) mechanism at an appropriate level, implementing trade...
The World Steel Association (worldsteel) expects global steel demand to decrease by 0.9% to 1.75-billion tonnes this year. “2024 has been a difficult year for global steel demand as the global...
A study benchmarking the price of steel transmission grid pylon towers and what South African manufacturers can do to compete with Chinese and Turkish imports showed that "a bit of" stable demand...
Representatives of South Africa's metals and engineering industry and government have emphasised the need to transition the industry to a low-carbon pathway and discussed the benefits this would...
Steel and Engineering Federation of Southern Africa (Seifsa) president Elias Monage has described the establishment of the Government of National Unity (GNU) as an opportunity to revive the metals...
With South Africa facing a critical shortage of skilled and qualified artisans and engineers, steel producer ArcelorMittal South Africa’s (AMSA’s) fully Quality Council for Trades and Occupations-...
The formation of South Africa’s business-friendly coalition government has triggered a wave of investment announcements and positive sentiment not seen in years, spurring hope that Africa’s biggest...
Global average steel prices are likely to trend downwards as China's domestic demand is expected to soften owing to a sluggish property sector, a report by Fitch Solutions unit BMI said on...
Enormous investments are being made in ports, rail and transport logistics in Southern Africa, as well as more broadly in Africa, including by international companies and consortia. "Global...
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...
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...
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...
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...
Specialised fastening systems manufacturer and distributor Avlock International, in Boksburg, has diversified its product range to include cordless tools, plastic fasteners and specialised...
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...
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...
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...
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...
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 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...
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...
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...
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...
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...
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...
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, 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...
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...
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...
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...
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...
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,...
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