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Carbon Steel News

Global steel output up 0.6% y/y in August

By: Creamer Media Reporter 25th September 2020 Global steel production for the 64 countries reporting to the World Steel Association (worldsteel) increased by 0.6% year-on-year to 156.2-million tonnes in August. Steel production in Africa, however, decreased by 11.2% year-on-year to 775 000 t, driven by a 24% year-on-year decrease in South... →

Covid-19 continues to disrupt mining and metals sector

By: Donna Slater 31st August 2020 The mining and metals industry is being deeply impacted by the Covid-19 pandemic, as the situation continues to evolve and the virus spreads throughout the world, reports financial risk management, solutions and insights company Fitch Solutions Country Risk and Industry Research. The firm notes... →

AMSA declares force majeure after blast furnace breakdown

By: Reuters 26th August 2020 Steel producer ArcelorMittal South Africa (AMSA) has declared force majeure after a breakdown of a blast furnace at its Newcastle Works in KwaZulu-Natal province, it said on Wednesday. The clause of force majeure, loosely translated as superior force, allows certain terms of an otherwise legally... →

Covid-19 disruptions cut global steel production

By: Donna Slater 25th August 2020 Global crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 2.5% lower year-on-year at 152.7-million tonnes in July. Worldsteel notes that because of the ongoing difficulties presented by the Covid-19 pandemic, many of July's figures are estimates... →

Insimbi ‘cautiously optimistic’ as earnings fall

By: Simone Liedtke 24th August 2020 Germiston-based foundry Insimbi Industrial Holdings remains cautiously optimistic for the year ahead as its headline earnings a share for the financial year ended February 29, was 25% lower year-on-year at 10c a share. Earnings a share also decreased, but by 32% year-on-year, to 8c a share. →

Transnet signals intent to support domestic manufacture of rail despite global tender

By: Terence Creamer 24th August 2020 State-owned freight logistics group Transnet has signalled its intention to support the localisation of rail manufacture, but is simultaneously proceeding with a global tender for the supply of 60 kg a metre of head hardened rail, which it describes as an interim solution for meeting its... →

DTIC makes case for export tax on scrap ahead of infrastructure-led recovery effort

By: Terence Creamer 19th August 2020 The Department of Trade Industry and Competition (DTIC) has again underlined its support for the implementation of an export tax on scrap metal as a way of securing supply for domestic scrap-consuming industries and sustaining primary steel production capacity ahead of government’s proposed... →

Women’s network growing steadily

By: Darren Parker 14th August 2020 The Protea Network – for women working in the predominantly male-dominated steel and other market sectors – is growing steadily and organically since its launch in April, says steel fabrication company Betterect MD Nicolette Skjoldhammer. She launched the network to provide women in the industry... →

NICOLETTE SKJOLDHAMMER The objective of the Protea Network for this year is to encourage and facilitate online forum membership, where members can engage on a daily basis

Steel awards go virtual

By: Darren Parker 14th August 2020 The South African Institute for Steel Construction’s (SAISC’s) yearly Steel Awards will be judged and hosted virtually through a dedicated application (app) this year. This comes on the back of efforts to mitigate restrictions on social gatherings and take advantage of the digital marketing... →

VIRTUOSITY ASSESSED Small teams of judges attend sites physically, observing Covid-19 health and safety protocols, while others attend site visits virtually

Greater collaboration needed in steel supply chain

By: Darren Parker 14th August 2020 To ensure security of steel supply, the South African Institute for Steel Construction (SAISC) is calling for greater collaboration among all players in the local steel supply chain, from upstream producers to downstream merchants. Local steel demand was low before the Covid-19 pandemic, which... →

Photo by Adobe
RELIABLE ROLLOUT? The security of steel supply is a key concern for downstream merchants and fabricators

Market disruption expected to continue after Covid-19

By: Darren Parker 14th August 2020 The world will most likely never revert to pre-2020 norms, says steel grating and related products supplier Vital Engineering director Glen Pringle. He tells Engineering News that he expects continued market disruption and the rethinking of various elements of the market, including supply chains. →

GRATE CHANGE AHEAD Vital Engineering needs to ensure that it is as agile as possible to take advantage of the ever-changing status quo

New duties another dose of 'slow poison' to steel industry, says Neasa

By: Marleny Arnoldi 11th August 2020 The National Employers’ Association of South Africa (Neasa) has reiterated its dissatisfaction with government's approval of an extended 8% safeguard duty on hot rolled coil, bringing the total duty payable on this product to 18%. This follows after Neasa launched an urgent application in the... →

Neasa approaches High Court to stop new steel import duties

By: Marleny Arnoldi 3rd August 2020 The National Employers’ Association of South Africa (Neasa) has filed an urgent application in the Gauteng High Court to stop the implementation by the International Trade Administration Commission of South Africa (Itac) of a 10% import tariff and custom duties on coated flat-rolled products.... →

Specialised steel extends life of ore wagons

By: Halima Frost 31st July 2020 Stainless steel manufacturer Columbus Stainless advocates that the much longer life span of ore wagons achieved using 3CR12, makes it clear why stainless steel is the cost-effective choice for equipment in ore-handling processes. “Owing to its excellent properties in wet sliding conditions, the... →

UP ORE DOWN Wagons manufactured by Columbus Stainless using 3CR12 transport ore for substantially longer with less degradation than those made of mild steel or other materials

Manufacturer obtains welding certification

By: Halima Frost 31st July 2020 Rolling stock manufacturer Transmashholdings (TMH) Africa, which acts as the centre of excellence for narrow-gauge rolling stock within the TMH Group, announced in March that it had been awarded the ISO 3834 welding certification. The certification was awarded to the company by the Southern... →

ACCREDITED FUSION Transmashholdings Africa have been awarded an International Standards Organisation 3843 welding certification which will help draw in new clients for the company

Workshop conversion back on track

By: Halima Frost 31st July 2020 Although the conversion of railroad equipment supplier Gibela Rail Transport Consortium’s training centre into a traction motor manufacturing workshop has been delayed because of Covid-19, the project is again on track for completion by the end of the year. The company says that the electrical... →

KEEP MOTORING Although setbacks have been faced Gibela is back on track to start manufacturing its traction motors by year end

AMSA seeks import protection on hot-rolled coil and heavy beams

By: Terence Creamer 30th July 2020 Steel producer ArcelorMittal South Africa (AMSA) has submitted two separate applications to the International Trade and Administration Commission of South Africa (Itac) requesting import protection on hot-rolled coil (HRC) and heavy structural beams respectively. The HRC application seeks to... →

AMSA implements large-scale, but ‘flexible’, labour reorganisation as Covid-19 bites

By: Terence Creamer 30th July 2020 Steel producer ArcelorMittal South Africa (AMSA), which reported a loss of R2.6-billion for the interim period to June 30, warned on Thursday that it expected steel demand to remain subdued for the foreseeable future and indicated that it was pushing ahead with a large-scale labour... →

ArcelorMittal South Arica CEO Kobus Verster

ArcelorMittal South Africa CEO Kobus Verster presenting a slide on market conditions in South Africa during the group's interim results presentation. Video by: Nicholas Boyd & Kutlwano Matala.

AMSA warns of increased interim loss

By: Creamer Media Reporter 16th July 2020 Steel producer ArcelorMittal South Africa (AMSA) expects its headline loss for the six months ended June 30 to increase by at least R2-billion. It said in a trading update on July 16 that its loss for the period would increase by at least R1.7-billion. →

IZA publishes ‘Essentials of Galvanizing’ booklet

By: Simone Liedtke 16th July 2020 The International Zinc Association (IZA) has published its newest guide on the ‘Essentials of Galvanizing’, the primary purpose of which is to be a key reference for engineers and designers globally. Speaking during the booklet’s virtual launch on July 15, IZA’s Simon Norton explained that the... →

Kobe, Vale and Mitsui team up on low CO2 iron-making

By: Creamer Media Reporter 13th July 2020 Japanese steelmaker Kobe Steel is collaborating with the iron-ore major Vale and global trading and investment company Mitsui on providing low carbon dioxide (CO2) iron metallic and iron-making solutions. Kobe says the direct reduction iron-making technology of its US subsidiary, Midrex... →

Direct reduced iron is a raw material for steelmaking made by reducing iron-ore.

PSV business rescue plan presentation delayed

By: Simone Liedtke 8th July 2020 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 50% of PSV’s creditors had agreed to the extention. →

Getting it right: Kogi Iron

By: Creamer Media Reporter 8th July 2020 Mining Weekly incorrectly reported on July 7 that ASX-listed Kogi Iron had received a large investment from European funds management company Torridon Investments Research to develop its Agbaja cast steel project, in Nigeria. However, Torridon, which is a European funds manager with billions of... →

Correction: Kogi Iron

By: Schalk Burger 7th July 2020 Mining Weekly incorrectly reported on July 7 that ASX-listed Kogi Iron had received a large investment from European fund management company Torridon Investments Research to develop its Agbaja cast steel project, in Nigeria. However, Torridon, which is a European fund manager with billions of... →

Get going with galvanizing: new book for engineers from IZA

By: Shannon de Ryhove 3rd July 2020 The International Zinc Association (IZA) will launch its new publication, The Essentials of Galvanizing, during a webinar hosted by Creamer Media Contract Publishing on July 15, 2020. The publication offers the civil engineering and construction industry valuable insights into the importance of... →

New approach adopted in uncertain steel market

By: Darren Parker 3rd July 2020 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 faring just as poorly – a situation that has been exacerbated by the lockdown because of Covid-19.... →

BUILDING THE RIGHT WAY Macsteel aims to build its market share through strong, well-established and sustainable relationships with customers

Automation reduces costs, increases productivity

By: Darren Parker 3rd July 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 manufacturer and supplier of cutting and welding equipment consumables as well as distributor of steel... →

ANDREW POOLE Companies which take the risk and invest are more agile, more productive and better positioned to diversify and access new markets

New booster for industry

By: Darren Parker 3rd July 2020 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, to increase its nitrogen delivery pressure and therefore also increase the thickness of steel it... →

BOOSTING CAPABILITY
The NitraCut booster will enable higher pressures and therefore enable the cutting of thicker steel

NitraLife MD Tom Sowry discusses the new NitraCut booster. Camerawork: Nicholas Boyd. Editing: Nicholas Boyd. Recorded: 11.06.2020

Future order book to relieve pressure for fabricator

By: Darren Parker 3rd July 2020 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 healthy order book of projects for the next 18 months should ensure that the pressure will be relieved.... →

NICOLETTE SKJOLDHAMMER
The ‘Team Africa’ mindset has been embraced by several industry stakeholders since its inception

Betterect MD Nicolette Skjoldhammer discusses the company’s strategic decisions, facility upgrades and the concept of ‘Team Africa’. Camerawork: Nicholas Boyd. Editing: Nicholas Boyd. Recorded: 12.06.2020

AMSA clarifies details of safeguard application for structural steel products

By: Schalk Burger 2nd July 2020 ArcelorMittal South Africa (AMSA) on July 1 said it had, in collaboration with Evraz Highveld Steel, applied for safeguards on structural steel products produced at the Highveld Structural Mill, being the only producer of these products in the country. AMSA emphasised that it haD not approached... →

Metso Outotec can drive industries towards responsible use of natural resources

By: Marleny Arnoldi 1st July 2020 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 and services company serving the minerals, metals and aggregates industries. The combined company... →

Metals, engineering sectors to ‘walk the tightrope’ to economic recovery

By: Simone Liedtke 24th June 2020 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, Steel and Engineering Industries Federation of Southern Africa (Seifsa) chief economist Dr Michael Ade... →

Global steel output falls 8.7% in May, but China lifts production

By: Reuters 23rd June 2020 Global crude steel output slipped 8.7% in May to 148.8-million tonnes as many steelmakers shut operations due to the Covid-19 pandemic, even as top producer China was resilient and pumped out more of the metal. Data from the World Steel Association on Monday showed a sharp contrast between steel... →

AMSA considering large-scale restructuring, jobs to be lost

By: Simone Liedtke 18th June 2020 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 producer ArcelorMittal South Africa (AMSA) has advised that it is considering a large-scale... →

Covid-19 compounds challenges in Africa

By: Tracy Hancock 12th June 2020 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 presents its own challenges, says Macsteel Exports senior branch manager Adrian Isemonger. He... →

AFRICAN REACH Macsteel Exports supplies sub-Saharan Africa with the broadest range of carbon steel, stainless steel, specialty steels, aluminum products and value-added processes to all industry sectors

Pandemic dashes hopes for a domestic steel sector turnaround

By: Simone Liedtke 12th June 2020 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 could seriously hamper, or even prevent, a recovery. The pandemic has already ruined any hopes of a... →

African supply chains can unlock sustained economic growth post pandemic

12th June 2020 The current Covid19-related economic challenges, locally and throughout Africa, starkly highlight the need for pan-African companies and governments to support African supply chains and, in so doing, boost economic activity on the continent. This can be achieved by procuring the production of... →

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