The business rescue practitioners handling industrial holding company PSV Holdings’ business rescue process have extended the date for presentation of the business rescue plan to July 13. More than... 

Steel merchant Macsteel has been re-evaluating its business strategy, owing to a steady decline in steel consumption over the past five years, with 2019 being a “new low” and the start of 2020... 

With companies that invest in technology and automation showing signs of being more adaptable and strategically well positioned to take advantage of an inevitable upswing in the economy, local... 

Nitrogen generation equipment manufacturer and supplier NitraLife has introduced a booster for its NitraCut nitrogen generator product, which ‘bolts’ onto the company’s NitraCut nitrogen generator,... 

Although the strategic decision to continue to pay employees full salaries during the Level 5 lockdown in April put pressure on its cashflow, steel fabricator and erector Betterect believes a... 

Metso Minerals, a subsidiary of global industrial company Metso, has officially merged with Finnish-listed technology company Outotec. The merger has formed a leading process technology, equipment... 

Industrial equipment supplier BMG’s extensive portfolio of Tsubaki Kabelschlepp cable carrier systems and safety cables includes S/SX steel cable carriers, which have been designed to carry heavy... 

The road to the metals and engineering (M&E) sector’s post-Covid-19 recovery will be long and will require extraordinary and targeted policies to walk the tightrope towards an economic reboot,... 

While the full extent of the Covid-19 pandemic still remains uncertain as the economy slowly reopens within government’s risk-adjusted approach to easing lockdown restrictions, JSE-listed steel... 

The legislation put in place amid the Covid-19 pandemic is compounding the “exceptionally challenging” business environment already faced by companies when operating in Africa, where each country... 

The international Covid-19 outbreak, which has disrupted the South African and the global economy, has thrown another “a spanner in the works” for the already embattled domestic steel sector and... 

The World Steel Association (worldsteel) expects global steel demand to contract by 6.4% this year, as a result of the Covid-19 crisis. In its Short Range Outlook (SRO) for 2020 and 2021, released... 

Stainless steel cylinder manufacturer Jooste Cylinder & Pump Company has implemented various measures, such as delaying research and development (R&D) projects, to assist staff as much as possible... 

Ten large steel tanks for diversified miner RioZim’s Cam and Motor gold mine, in Zimbabwe, are on schedule to be installed by South African stainless steel fabrication and erection specialist... 

Prior to the national lockdown, South Africa’s stainless steel recycling industry was under strain, facing a dramatic drop in available recycling material and increasing input costs, says... 

The Covid-19 pandemic will have long-term ramifications, including permanent change in the South African stainless steel industry, Southern African Stainless Steel Development Association (Sassda)... 

Steel company ArcelorMittal South Africa (AMSA) has welcomed the announcement by President Cyril Ramaphosa that the country will be moving to Level 3 in the risk-adjusted approach to the easing of... 

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) decreased by 13% year-on-year to 137.1-million tonnes in April. Africa's output decreased by... 

Industry trends are likely to take a new direction because of the global Covid-19 pandemic and a severely constrained local economy, says steel and value-added steel products merchandiser and... 

Most metals markets are expected to move into a surplus this year, says research firm Fitch Solutions, noting that consumption is likely to decrease more than the decreases in production capacity,... 

The decision to put South Africa under lockdown as part of its response to Covid-19 “has put further pressure on the steel industry”, says research organisation Trade and Industrial Policy... 

Stainless steel vessels and tanks supplier Metal Tank Industries has noted a definite market upswing in the past eight months, particularly in the food and beverage sector, as well as in the... 

ASX-listed Kogi Iron is seeing ongoing interest from potential new investors in its Agbaja cast steel project, in Nigeria, where Kogi is starting to see global capital flows to the commodity... 

Research agency Fitch Solutions expects volatility to continue playing to the downside for metal prices in the coming weeks owing mainly to bearish investor sentiment on the back of the widespread... 

The level of activity in the local stainless steel sector’s value chain has dwindled in the past decade, mainly owing to international competition, low steel prices and the slow growth of the local... 

The outbreak and contagion of a new strain of the coronavirus – which began in the Chinese city of Wuhan in December – has contributed to renewed concerns over economic growth prospects,... 

More than 20 aspiring welding entrepreneurs have graduated after completing a training course under the Mpumalanga Informal Welders Recruitment Programme, which was organised by the Mpumalanga... 

Slower demand growth, especially in China, and a decent recovery in seaborne supply is expected to continue to feature prominently in the iron-ore industry this year, says global energy, chemicals,... 

The proportion of raw materials the world is reusing has fallen, researchers said on Tuesday, warning of a "global disaster" as annual consumption of natural resources rose to 100-billion tonnes... 

South African chrome firms on Monday warned of more than 1 200 potential job cuts, citing power cuts, rising electricity tariffs and increased competition from overseas. The potential layoffs... 

Global miner Glencore Alloys and Merafe Resources have started a Section 189A process. The companies confirmed on Friday that written notice had been given to its employees at its joint venture... 

The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has welcomed the South African Reserve Bank’s (SARB’s) decision to reduce the repo rate by 25 basis points, thereby... 

Aim-listed Edenville Energy has signed two new significant contracts to supply washed coal from the company’s flagship Rukwa coal project, in western Tanzania. The two contracts are for the supply... 

The global heat exchangers market accounted for revenue of about $16.62-million in 2018 and is anticipated to generate about $29.31-million by 2026, according to a report published by global market... 

Diversified miner Anglo American has become a member of ResponsibleSteel, a nonprofit organisation and the steel industry's first global, multi-stakeholder standard and certification programme....