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Carbon Steel

Iron-ore’s ‘ridiculous’ prices to stay as fear grips commodities
Iron-ore’s ‘ridiculous’ prices to stay as fear grips commodities
12th May 2021 By: Bloomberg

Iron-ore’s stunning surge won’t fade anytime soon because buyers remain nervous about being caught short as global demand accelerates amid lingering supply threats, according to a veteran... 


Iron-ore turns ‘very, very hot’ as prices jump 10% in minutes
Iron-ore turns ‘very, very hot’ as prices jump 10% in minutes
10th May 2021 By: Bloomberg

Iron-ore futures leaped higher as trading opened on Monday, extending a record run amid rampant Chinese demand and a wider surge in commodity prices as the global economy recovers. Futures in... 


Iron-ore’s blistering rally sets sights on $200 as steel booms
5th May 2021 By: Bloomberg

A surge in steel consumption as the world emerges from its pandemic-induced slump is set to drive iron-ore to an unprecedented high as the biggest miners struggle to keep up with the frenzied pace... 


Desmond Maharaj resigns as AMSA CFO
4th May 2021 By: Simone Liedtke

Desmond Maharaj has resigned as CFO and executive director of steelmaker ArcelorMittal South Africa (AMSA) to pursue personal opportunities outside of the business. AMSA expects Maharaj to step... 


Biden's EU trade dilemma: more pain for Harley, distillers or back off metals tariffs?
29th April 2021 By: Reuters

The Biden administration faces a major dilemma in its dispute with the European Union over Trump-era steel and aluminum tariffs: back down to avoid acute pain for Harley-Davidson Inc and whiskey... 


China boosts bid to cut steel output with import tax changes
28th April 2021 By: Bloomberg

China stepped up its drive to rein in steel production and fight rocketing iron ore prices by canceling import taxes on some steelmaking materials and raising costs for exporters. Import fees on... 


China steel, iron-ore futures hit record highs on strong demand, supply fears
26th April 2021 By: Reuters

Chinese steel futures closed at all-time highs on Monday, underpinned by robust demand and concerns over production curbs, while benchmark iron ore prices hit record highs, fuelled by structural... 


World crude steel production up 15.2% y/y in March
23rd April 2021 By: Simone Liedtke

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 169.2-million tonnes in March, marking a 15.2% increase year-on-year. Global crude steel... 


Iron-ore stretches gains on global steel demand recovery
19th April 2021 By: Reuters

Iron-ore prices in Asia pushed higher on Monday as strengthening global steel demand buoyed sentiment, and as Chinese steel mills continued to ramp up output despite the government's scrutiny of... 


Worldsteel forecasts 5.8% steel demand growth in 2021 and 2.7% growth in 2022
15th April 2021 By: Schalk Burger

Industry body the World Steel Association (worldsteel), in its 'Short Range Outlook for 2021 and 2022', forecasts that steel demand will grow by 5.8% to 1.87-billion tonnes this year. In 2022,... 


Multi Alloys to merge with EMVAfrica
Multi Alloys to merge with EMVAfrica
1st April 2021 By: Schalk Burger

Special alloys company Multi Alloys will merge with EMVAfrica to become a specialised division of the stainless steel products and valves company on May 1. The merged businesses will give... 


Swedish JV will open first fossil-free steelmaking plant in 2026
Swedish JV will open first fossil-free steelmaking plant in 2026
25th March 2021 By: Bloomberg

A Swedish joint venture that aims to remove fossil fuels from steelmaking is planning on establishing its first demonstration plant in 2026. Hybrit, an initiative run by steelmaker SSAB, iron-ore... 


Steel production up 4.1% y/y in February
24th March 2021 By: Donna Slater

Global crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) increased by 4.1% year-on-year to 150.2-million tonnes in February. Worldsteel reports that... 


Green hydrogen to be phased in to decarbonise steel production – Fitch Solutions
11th March 2021 By: Donna Slater

In the second part of its special coverage on the impact of hydrogen on the mining and metals sector, Fitch Solutions Country Risk & Industry Research (Fitch Solutions) reports that it believes... 


Zimbabwe says China's Tsingshan to build iron ore mine, steel plant from May
10th March 2021 By: Reuters

China's Tsingshan Holding Group is set to start developing an iron ore mine and a carbon steel plant in Zimbabwe from May, the African country's information minister said late on Tuesday, three... 


PIN AND COLLAR
The Swagefast heavy industrial pin and collar range will now be supplied by BMG
Company secures distributor deal
5th March 2021 By: Halima Frost

Engineering solutions provider BMG has been appointed as the exclusive distributor of Swagefast fastening systems in Africa, including South Africa. “This means that BMG will have the capacity to... 


Seifsa CEO Kaizer Nyatsumba
Seifsa partners with Venncap to help metals, engineering companies secure funding
4th March 2021 By: Schalk Burger

Industry body the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has partnered with funding consulting firm VennCap Business Solutions to assist metals and engineering... 


Global crude steel production up 4.8% y/y in January
26th February 2021 By: Schalk Burger

Crude steel production for the 64 countries that provide data to the global industry body the World Steel Association (worldsteel) increased by 4.8% year-on-year to 162.9-million tonnes in January.... 


DECREASED STEEL OUTPUT 
Global crude steel production reached 1 864-million tonnes for the year 2020
Global crude steel output decreases by 0.9% in 2020
26th February 2021

Global crude steel production reached 1 864-million tonnes (Mt) for the year 2020, which is down by 0.9% compared with 2019, steel industry association the World Steel Association stated in a press... 


MULTIPLIER EFFECT 
The manufacturing sector remains key to the growth and development of South Africa owing to its multiplier effect on other sectors of the economy
Manufacturing recovery’s slow pace a concern, Seifsa
26th February 2021

The Steel and Engineering Industries Federation of Southern Africa (Seifsa) is concerned about the slow pace of recovery in the manufacturing sector, as depicted by the manufacturing Purchasing... 


ZOOMING INTO SAFETY 
Over the years, the importance of safety has grown substantially, whereby laws and regulations governing the smelter and metals sector have become stricter
Safe and reliable steel production even more crucial
26th February 2021

High temperatures, molten metals and heavy loads are some of the challenges faced during steel production, says industrial instrumentation and automation multinational Endress+Hauser. 


TRANSFORMATION GOALS 
The Most Transformed Company of the Year Award honours and celebrates companies that have been able to transform their workplaces meaningfully
Companies committed to transformation honoured
26th February 2021

Entries are open for the seventh annual Steel and Engineering Industries Federation of Southern Africa (Seifsa) Awards for Excellence and the federation is calling on all companies within the... 


JABULILE MLAMBO 
Rio-Carb’s approach offered an environment-positive option to the mining, steel and cement industries
Company adopts ‘three Rs’ approach to reduce environmental impact
26th February 2021 By: Mamaili Mamaila

Wear-resistant chromium carbide-clad liner plates manufacturer Rio-Carb has aligned itself with the ISO14001 environmental management system to benchmark its manufacturing processes by following... 


New Swedish venture eyes fossil fuel-free steel production in 3 years
24th February 2021 By: Reuters

Swedish steel venture H2 Green Steel is planning to build a fossil fuel-free steel plant in the north of Sweden, including a sustainable hydrogen facility, with production starting in 2024, it said... 


Biden faces South African push to extend trade concessions
15th February 2021 By: Bloomberg

South Africa is apprehensive about striking a new trade deal with the US and would rather maintain existing relations with the world’s largest economy, the nation’s top trade official said. South... 


Seifsa calls for finalisation, implementation of Steel Master Plan
12th February 2021 By: Schalk Burger

Industry body the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has called for the finalisation and speedy implementation of the Steel Master Plan, which it believes will... 


Macsteel commits to paying SME suppliers in 30 days
11th February 2021 By: Marleny Arnoldi

Steel merchant Macsteel has committed to its paying small- and medium-sized enterprise (SME) suppliers within 30 days, in a bid to contribute to the growth of this critical sector of the South... 


ArcelorMittal South Africa reports second-half profit as supply squeeze lifts prices
ArcelorMittal South Africa reports second-half profit as supply squeeze lifts prices
11th February 2021 By: Terence Creamer

Steelmaker ArcelorMittal South Africa (AMSA) return to profit in the second half of its 2020 financial year on the back of steel-shortage-induced price rises that negatively affected many domestic... 


BHP pledges $15m to decarbonise the steel industry
10th February 2021 By: Esmarie Iannucci

Diversified miner BHP has signed a memorandum of understanding (MoU) with Japanese steel producer JFE Steel to jointly study technologies and pathways capable of making material reductions to... 


Global steel price rally to be short-lived – Fitch
4th February 2021 By: Schalk Burger

The recent global rally in steel prices will be short-lived, with prices starting to decline towards the end of the first quarter of 2021, as steelmaking production continues to be restarted. Vast... 


Kobus Verster
ArcelorMittal SA ramps up Vaal Meltshop to full production to ease steel shortages
28th January 2021 By: Terence Creamer

Steel producer ArcelorMittal South Africa (AMSA) reported on Thursday that it would increase output at its Vaal Meltshop electric arc furnace (EAF), in Vereeniging, to help address prevailing steel... 


Global coalition formed to drive net-zero shift in hard-to-decarbonise transport and industrial sectors
Global coalition formed to drive net-zero shift in hard-to-decarbonise transport and industrial sectors
27th January 2021 By: Terence Creamer

A new global partnership has been formally launched in an effort to accelerate the decarbonisation of seven heavy industrial and transport sectors that together represent 30% of global... 


Fortescue founder and chairperson Andrew Forrest
Forrest paves the way for green steel
22nd January 2021 By: Esmarie Iannucci

Mining magnate Andrew Forrest has pledged iron-ore major Fortescue to a green energy future, unveiling plans for green steelmaking in the Pilbara. In the first ABC Boyer Lecture for 2021, which... 


Eric Samson
Obituary: Eric Samson, a great loss for the steel industry and the country 
21st January 2021

In this tribute, Macsteel Global chairperson Mick Davis reflects on the life and contribution of Eric Samson, who he describes as  softly spoken, compassionate and generous. It is with great... 


Steel baron Eric Samson dies
20th January 2021 By: News24Wire

Steel magnate Eric Samson, best known for building Macsteel into one of South Africa's largest companies, has died aged 83.   The octogenarian billionaire – who shied away from the spotlight... 


Neasa calls for steel duties to be dropped to meet burgeoning domestic demand
18th January 2021 By: Donna Slater

Unless import duties are reduced or made null for a period of time, steel shortages will continue to plague the domestic market, the National Employers Association of South Africa (Neasa) argues.... 


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Environmental Assurance (Pty) Ltd.
Environmental Assurance (Pty) Ltd.

ENVASS is a customer and solutions-driven environmental consultancy with established divisions, serviced by highly qualified and experienced...

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Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

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Willard

Rooted in the hearts of South Africans, combining technology and a quest for perfection to bring you a battery of peerless standing. Willard...

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The Southern African Institute of Mining and Metallurgy
The Southern African Institute of Mining and Metallurgy

The SAIMM started as a learned society in 1894 after the invention of the cyanide process that saved the South African gold mining industry of the...

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