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Carbon Steel News

Get Steel invites comment on proposed foundry project in Benoni

By: Marleny Arnoldi 17th May 2024 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. The company also intends to install additional infrastructure and equipment to establish a new... →

Seifsa, unions commit to addressing access to housing for sector employees

By: Schalk Burger 15th May 2024 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 and a 6% wage increase over the next year for skilled workers. Entry-level workers will receive a... →

Seifsa president Elias Monage

Tribunal orders Emfuleni municipality to provide documents to Cape Gate in excessive pricing matter

By: Creamer Media Reporter 15th May 2024 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 excessively charged it for electricity in 2016/17. In its answering affidavit to the tribunal, the... →

Enhanced regulation, law enforcement needed to combat scrap metal theft

By: Darren Parker 3rd May 2024 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 analyst Noquele Dube says. She explains that the scrap metal industry contributes R15-billion to... →

AMSA to convert one Vanderbijlpark blast furnace to an electric arc furnace by 2028

By: Darren Parker 2nd May 2024 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 four years. The company currently has two blast furnaces in operation at its Vanderbijlpark facility.... →

In this video, AMSA CEO Kobus Verster tells Engineering News about the company's plans to decarbonise.

AMSA expects to break ground on Vanderbijlpark’s 200 MW solar plant this year

By: Darren Parker 2nd May 2024 Steelmaker ArcelorMittal South Africa (AMSA) is planning to start construction on a 200 MW solar photovoltaic (PV) power plant at its Vanderbijlpark facility, in Gauteng, towards the end of the year, CEO Kobus Verster has told Engineering News. He explained that the installation would serve as... →

AMSA's Vanderbijl Park facility with open ground in the foreground

The ample open ground at AMSA's Vanderbijl Park facility will be used to build a 200 MW solar power plant

Opinion: Pollution in the Vaal Triangle – progress, but more must be done

2nd May 2024 In this article, ArcelorMittal South Africa (AMSA) CEO Kobus Verster writes that industry across the Vaal Triangle, together with responsible corporate citizens in the steel industry, must constantly improve their overall environmental performance above and beyond air quality indicators. →

Photo by Creamer Media's Donna Slater
AMSA CEO Kobus Verster

Decarbonisation investment while paying carbon tax is impossible, says AMSA's Verster

By: Darren Parker 30th April 2024 Paying billions of rands in carbon tax while simultaneously investing in decarbonisation efforts is impossible, steel maker ArcelorMittal South Africa (AMSA) CEO Kobus Verster has said. In South Africa, the carbon price is currently fixed at R308/t of carbon dioxide equivalent (CO2e) Scope 1... →

Photo by Creamer Media's Donna Slater
AMSA CEO Kobus Verster

Decarbonised iron production possible using sodium, company says

By: Darren Parker 19th April 2024 A new process being pioneered by energy companies such as Israel-based Helios and Netherlands-based Alkalium proposes the use of sodium metal rather than coal or hydrogen to refine iron-ore into direct reduced iron (DRI). Traditionally, iron is beneficiated by mixing iron-ore fines with coal. The... →

Fog fluid product highlighted to prevent corrosion

19th April 2024 Global corrosion protection company Cortec Corporation highlights that its CorroLogic VpCI-339 fogging fluid is fast, effective and convenient in addressing the challenges of void and corrosion in equipment, piping and structures. This fogging fluid protects void spaces, complex internal... →

INDUSTRIAL PRESERVATION Cortec Corporation asserts that the latest iteration of its fogging fluid is well-equipped to address the challenge of corrosion in industrial equipment

South Africa's science, innovation dept launches circular minerals, metals initiative

By: Darren Parker 11th April 2024 South Africa's Department of Science and Innovation (DSI), through the Council for Scientific and Industrial Research (CSIR), has launched the first of three new government-led collaborative circular economy initiatives focusing on priority economic sectors that were identified by government in... →

Photo by Creamer Media
DSI technology innovation deputy director general Mmboneni Muofhe

ArcelorMittal South Africa appoints Gavin Griffiths CFO

By: Schalk Burger 22nd March 2024 JSE-listed steel producer ArcelorMittal South Africa has appointed Gavin Griffiths CFO and executive director from April 1. Griffiths is currently the company's chief strategy officer but has been serving as interim CFO since July 17, 2023. →

Sizable trunnion cast for SAG mill breakdown

By: Halima Frost 8th March 2024 Mill roll and ring manufacturer South Africa Roll Company (Sarco) has delivered what it believes to be the largest locally cast semi-autogenous grinding (SAG) mill trunnion casting to grinding mill manufacturer New Concept Projects (NCP). NCP needed the cast for a client that experienced an... →

A large metal trunnion hanging from supports before being loaded on to a truck for transport

MILLING MILESTONE The trunnion cast by Sarco for a SAG Mill is believed to be one of the largest ever cast in South Africa

AI tech reduces foundry’s energy consumption

8th March 2024 Danish iron foundry Birn announced in December it had completed an artificial intelligence (AI) project in cooperation with automatic pouring technology developer and manufacturer Pour-tech AB to optimise dosing of molten iron from casting machines into moulds. The project aimed to reduce energy... →

BMI expects good year for steel pricing before prices decrease again

By: Marleny Arnoldi 7th March 2024 Research agency BMI expects steel prices to improve from current levels in coming months and maintains its 2024 global average steel price forecast of $740/t. The average steel price is, however, expected to decrease again to $730/t, $700/t and $650/t in the next three years, respectively. →

Customs increase aims to level out steel products field

By: Nadine Ramdass 1st March 2024 Industry association Southern Africa Coil Coaters Association (SACCA) has applied for an increase in the general rate of customs duty on certain coated or plated flat-rolled steel. The proposed increase, from duty free to the World Trade Organisation-bound rate of 10% ad valorem, has gained... →

LEVEL FIELD The proposed tariff increase aims to eliminate loopholes exploited and enhance the competitive position of domestic manufacturers

Low demand threatens sustainability

By: Nadine Ramdass 1st March 2024 The South African steel sector is facing significant challenges, primarily because of oversupply, in addition to very little demand, coupled with economic constraints. Resolving these issues requires strategic alignment among steel mills, downstream merchants and policymakers to optimise... →

SPARKING GROWTH A stable, supportive business environment is essential for the long-term viability of the steel sector

Itac finds steel dumping harming Sacu industry, recommends anti-dumping duties against Chinese imports

By: Schalk Burger 26th February 2024 Trade agency the International Trade Administration Commission of South Africa (Itac) has, following an investigation into alleged dumping of steel products from the People’s Republic of China, determined that dumping of products originating in or imported from China is taking place. Itac also... →

Global steel output down 1.6% y/y in January

By: Creamer Media Reporter 23rd February 2024 Global crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) decreased by 1.6% year-on-year to 148.1-million tonnes in January. The world's biggest steel producer China is estimated to have produced 77.2-million tonnes of crude steel in January – a 6.9%... →

AMSA sees plausible pathway for salvaging longs unit, but ready to reverse closure deferral if urgent progress is not made

By: Terence Creamer 8th February 2024 Steel producer ArcelorMittal South Africa (AMSA) has deferred the wind-down of its long-products business by six months amid widespread concern regarding the detrimental impact of the closure on downstream industry and jobs and following consultations with government and other affected... →

Photo by Creamer Media's Donna Slater
ArcelorMittal South Africa CEO Kobus Verster

AMSA announces six-month deferral to longs closure after agreements on short-term measures

By: Terence Creamer 8th February 2024 Steel producer ArcelorMittal South Africa (AMSA) has deferred the wind down of its long-products business by six months amid widespread concern regarding the detrimental impact of the closure on downstream industry and jobs and following consultations with government and other affected... →

ArcelorMittal South Africa posts full-year loss

By: Reuters 8th February 2024 ArcelorMittal South Africa reported a full-year loss on Thursday, hurt by weak demand and increased imports from China. The South African unit of the world's No.2 steelmaker ArcelorMittal posted a headline loss per share of R1.70 in the year to December 31, versus headline earnings per share of... →

ArcelorMittal South Africa's Vanderbijlpark plant

Seifsa calls for alternatives to scrap metal export ban

By: Sabrina Jardim 5th February 2024 In anticipation of Trade, Industry and Competition Minister Ebrahim Patel’s decision on the way forward regarding scrap metal regulations, and following the extended public comment period which closed on January 12, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) is... →

Itac creates temporary rebate provision for several products

By: Tasneem Bulbulia 1st February 2024 The International Trade Administration Commission of South Africa (Itac) has created a temporary rebate provision for the importation of certain cold-rolled steel and painted steel; a rebate facility for the importation of certain flat-rolled products of iron or non-alloy steel; and a temporary... →

More than 290 000 jobs on the line as steel sector continues its decline, Seifsa warns

By: Schalk Burger 26th January 2024 Over a five-year period, the average 1.3% a year decline in the metals and engineering sector will lead to an average 2.9% decline in employment, or 293 754 direct and indirect job losses, industry organisation Steel and Engineering Industries Federation of Southern Africa (Seifsa) COO Tafadzwa... →

Seifsa COO Tafadzwa Chibanguza

Downstream companies implore ArcelorMittal South Africa, govt to avoid long steel plant closures

By: Darren Parker 24th January 2024 The South African downstream steel industry has urgently appealed to both steel producer ArcelorMittal South Africa (AMSA) and the government to find immediate solutions that will allow the continued operation of the three AMSA plants that make up the company’s long steel business in South... →

UK to implement carbon levy on imported goods by 2027

By: Reuters 18th December 2023 Britain will implement a new carbon import levy on some products from 2027 to help to protect businesses against cheaper imports from countries with less strict climate policies, the government said on Monday. The planned carbon border adjustment mechanism (CBAM) will apply to carbon-intensive... →

Seifsa warns of dire consequences if govt fails to intervene on AMSA longs closure

By: Terence Creamer 8th December 2023 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) is calling on government to take urgent and decisive action to support the domestic steel sector following ArcelorMittal South Africa’s (AMSA’s) announcement that it intends winding down its long-products business. In a... →

EU carbon tax could cost Africa $25bn, AfDB chief says

By: Bloomberg 7th December 2023 Africa could lose as much as $25-billion annually due to the European Union’s new carbon border tax, hurting the continent’s trade by penalizing valued-added exports such as iron and fertilizers, African Development Bank Group president Akinwumi Adesina said. The EU’s carbon border adjustment... →

Report poses serious questions about effectiveness of scrap export ban

By: Terence Creamer 6th December 2023 Serious questions about the effectiveness and desirability of South Africa’s prevailing scrap export ban have been raise in a new report, which calls for its immediate lifting unless evidence can be produced showing that the ban is having the desired effect of preventing infrastructure-related... →

XA Global Trade Advisors CEO Donald MacKay

Eskom, Sasol pollution harms children, government studies find

By: Bloomberg 6th December 2023 Two studies ordered by South Africa’s government into the impact of air pollution on community and child health showed emission limits it imposed on companies that emit the toxins are insufficient. The studies were undertaken in key industrial regions by academics at the University of... →

Eskom's Duvha power station in Mpumalanga

Opinion: The collapse of the Steel Master Plan and disintegration of industry

1st December 2023 In this opinion article, Steel and Engineering Industries Federation of Southern Africa (Seifsa) president Elias Monage writes about the importance of the steel industry and the challenges the South African steel industry is facing. →

Seifsa president Elias Monage

ArcelorMittal longs business closure to impact on jobs, industrial capacity

By: Creamer Media Reporter 1st December 2023 Creamer Media editor Terence Creamer discusses ArcelorMittal South Africa's announcement that it may cut about 3 500 jobs as it plans to wind down its long-products business; the reasons for it taking this step; the impact of the closure on the town of Newcastle, as well as South Africa's... →

ArcelorMittal longs business closure to impact on jobs, industrial capacity

Finding immediate steel alternatives a concern as AMSA prepares to wind down longs unit

By: Terence Creamer 29th November 2023 ArcelorMittal South Africa (AMSA) has indicated that it will enter discussions with buyers of its noncommodity long-steel products in an effort to limit the disruption that is set to arise because of the closure of its longs operations in Newcastle, Vereeniging and Emalahleni. Although demand for... →

ArcelorMittal SA CEO sees no way of avoiding longs closure, says wind down to start in Jan

By: Terence Creamer 28th November 2023 ArcelorMittal South Africa CEO Kobus Verster believes there is no immediate prospect of addressing the structural issues undermining the financial viability of the group’s long-products business and tells Engineering News that the operations will begin ramping down during January, when they are... →

Photo by Creamer Media
ArcelorMittal South Africa CEO Kobus Verster

3 500 jobs at risk as ArcelorMittal mulls closure of longs units at Newcastle, Vereeniging

By: Terence Creamer 28th November 2023 Steel producer ArcelorMittal South Africa has indicated that it may close its long-products business, which could result in the loss of 3 500 direct and contractor jobs at its Newcastle and Vereeniging operations. In a statement, the JSE-listed company said the potential wind down had been... →

Photo by Creamer Media
The Newcastle Works

Opinion: R47bn of South Africa's exports exposed to EU CBAM as EU climate wave reaches South Africa’s shores

24th November 2023 In this opinion article, sustainability consultant Rhys Newton-Hill and Brundtland Consulting partner Henk Sa provide an in-depth analysis of the potential impact of the European Union's (EU's) Carbon Border Adjustment Mechanism (CBAM) on South Africa's exports and guidance on navigating this... →

Photo by Reuters
The EU flag

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