R/€ = 19.9391 Change: -0.0412
R/$ = 18.3599 Change: -0.0539
Au 2353.01 $/oz Change: 0.00
Pt 1064.30 $/oz Change: 0.00

Other Metals 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... 

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... 

scrap metal

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... 

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

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... 

Cape Town’s Copperheads unit recovers 53 km of stolen cable, 1.2 t of metal

By: Irma Venter     29th January 2024 The City of Cape Town’s (CoCT’s) specialist metals theft unit, the Copperheads, has recovered more than 53 km of stolen cable during the last six months of 2023. The unit says it executed 404 autonomous operations, 1 260 scrapyard inspections, 1 777 hotspot patrols and responded to 277 complaints... 

Cape Town’s Copperheads unit recovers 53 km of stolen cable, 1.2 t of metal

Seifsa urges dtic not to extend scrap metal ban 

By: Creamer Media Reporter      21st November 2023 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) says it has noted with concern submissions by other entities to the Department of Trade, Industry and Competition (dtic) calling for the extension to the scrap metal export ban which is scheduled to come to an end in... 

Seifsa president Elias Monage
Seifsa president Elias Monage

FCEVs to reach 1.5m units by 2030

By: Darren Parker     27th October 2023 Fuel cell electric vehicles (FCEVs) are poised for rapid growth and are expected to reach nearly 1.5-million units globally by 2030, according to the World Platinum Investment Council (WPIC). 

Three scrap metal companies brought to book for violating trade permit conditions

By: Darren Parker     11th September 2023 The International Trade Administration Commission of South Africa (ITAC) has taken legal action against three companies that it says attempted to export scrap metal and copper ingots without valid export permits or in violation of permit conditions. The Durban Regional Court issued fines to the... 

DSI pursuing private sector partnerships to industrialise hydrogen catalyser projects

By: Darren Parker     8th September 2023 Speaking at the Devac Hydrogen-H Conference in Johannesburg on September 7, Department of Science and Innovation (DSI) hydrogen and energy acting chief director Dr Cosmas Chiteme said the department was actively pursuing partnerships, especially with the private sector, to implement key hydrogen... 

A platinum group metals mine

Companies collaborate on voltage solutions for large EAFs

11th August 2023 Global solutions provider Tenova and leading power conversion company GE Power Conversion signed a Cooperation Agreement in June, combining their efforts on target projects that are aimed at offering and implementing innovative power feeding solutions based on medium-voltage power converters, for... 

Picture of a modular multi-level drives
POWER IN UNITY GE Power Conversions has developed an advanced power supply solution to transform existing ironmaking lines through technological solutions and reduce the industry’s carbon footprint

Company diversifying its international portfolio

By: Bridget Lepere     11th August 2023 The Dickinson Group of Companies (DGC) is finalising plans to expand and diversify the product and service offering of its subsidiary, industrial solutions provider DGC Africa, says DGC chairman Trevor Dickinson. DGC Africa, based in the Democratic Republic of Congo (DRC), intends to launch fully... 

Image of a furnace being installed
A RARE SIGHT Lack of investment is the reason behind the slump in the industry, and the lack of capital projects

Increased interest in XRF, OES from steel sector

By: Nadine James     7th July 2023 Portable X-ray fluorescence (XRF) and Optical Emission Spectroscopy (OES) equipment provider Innov-X-Africa has noted increased interest in its products from the steel sector, with salesperson Craig Bateman observing that the primary applications are for quality control and scarp sorting... 

Upgrades, expansion drive satisfaction

By: Simone Liedtke     7th July 2023 As part of its ongoing commitment to customer satisfaction and industry leadership, steel and technology group Voestalpine has recently conducted facility upgrades at its Isando-based steel warehouse, and has expanded its product offering and services to include machining. These strategic... 

Voestalpine has recently conducted facility upgrades at its Isando-based steel warehouse, and has expanded its product offering and services
UPGRADES Voestalpine has recently conducted facility upgrades at its Isando-based steel warehouse, and has expanded its product offering and services

Manufacturing output up 3.4% y/y in April

By: Schalk Burger     8th June 2023 Manufacturing production increased by 3.4% year-on-year in April, Statistics South Africa has reported. The largest contributions were made by the basic iron and steel, nonferrous metal products, metal products and machinery division, having increased by 5.3% and contributing 1.1 percentage... 

Vehicles on a production line

DTIC calls for comments on proposal to extend prohibition of exports of certain waste, scrap metal

By: Tasneem Bulbulia     16th May 2023 Trade, Industry and Competition Minister Ebrahim Patel has proposed to issue a Trade Policy Directive and Notice that scrap metal may not be exported from South Africa for a further temporary period of nine months and that the International Trade Administration Commission of South Africa (Itac)... 

Scrap metal

Carbon border adjustment scheme raises anxiety among SA exporters

By: Schalk Burger     12th May 2023 Companies in countries that are carbon-intensive, such as South Africa, may face carbon border adjustment tariffs that are also linked to Scope 3, or indirect, emissions as the European Union (EU) is assessing methods to include these emissions in the carbon border adjustment mechanism (CBAM)... 

Magazine cover image

Producer’s branch targets safety critical applications

28th April 2023 According to steel fabricator Macsteel Special Steels Bright Bar in Meyerton, Gauteng, a division of Macsteel South Africa, its Bright Bar range has been created for safety critical applications. “A hot-rolled black bar, obtained from a producer mill, is converted with a drawing or peeling... 

a grey scale image of various configurations of Bright bar ready for dispatch
BRIGHT FUTURE Bright Bar a business unit of Macsteel supplies its Bright Bar range to local clients, ad has been created for safety critical applications

Global steel demand to rebound by 2.3% this year

By: Darren Parker     19th April 2023 The World Steel Association (worldsteel) expects steel demand to rebound by 2.3% this year to reach more than 1.82-billion tonnes.  In its Short Range Outlook (SRO) for steel demand for 2023 and 2024, released on April 18, worldsteel notes that global steel demand is likely to grow by 1.7% next... 

Global steel demand to rebound by 2.3% this year

City of Joburg vows to raid all scrapyards trading its stolen infrastructure

By: News24Wire      30th March 2023 The City of Johannesburg and its entity, City Power, have threatened to raid all scrapyards dealing with their stolen copper cables and infrastructure. Member of Mayoral Committee for Environment and Infrastructure Jack Sekwaila vowed they would recover their stolen property but didn't reveal... 

Furnace adaptation can greatly reduce emissions

10th March 2023 Researchers from the University of Birmingham, in the UK, have designed a novel adaptation for existing iron and steel furnaces that could reduce carbon dioxide (CO2) emissions from the steelmaking industry by nearly 90%.    

Two furnace tech providers join forces

10th March 2023 Parts formation provider Norican’s Monitizer platform and furnace equipment supplier ABP’s Digital Services announced an agreement had been made in February to interface their products in an effort to advance foundry digitalisation. Monitizer and ABP Induction Systems will build links between... 

An ABP Induction services furnace in operation with man in PE near molten metal
FURNACE INTERFACING Norican and ABP Induction are joining forces to make furnaces more efficient

Continued research makes for better die-cast materials

By: Halima Frost     10th March 2023 Steel and technology group Voestalpine boasts a strong footprint in the supply of metals used in various die-casting applications and strives, through continuous research, to further expand its product and reach in South Africa and Africa. The company says researchers at its mills, in Austria and... 

A concept image of a car engine which is due to be used as a template for a Die-set, against a blue background
CASTING CONCEPT The new materials constantly being developed by Voestalpine not improve the quality of end product but also the life of the die-sets as well

G20 watchdog says commodity market concentration poses threat to wider economy

By: Reuters     20th February 2023 The pandemic and war in Ukraine highlighted weaknesses in commodity markets where a 'significant' concentration of firms, banks, exchanges and clearing houses threatens to transmit losses to the wider economy, the G20's financial watchdog said on Monday. The Financial Stability Board's (FSB) deep... 

An image of an oil tanker

Thakadu, Mertech Marine form JV to recycle, beneficiate copper in South Africa

By: Darren Parker     2nd February 2023 Beneficiation and trading company Thakadu Resources and seabed telecommunication cables recovery and recycling company Mertech Marine have agreed to form a joint venture (JV) to beneficiate copper recycled from subsea telecommunication cables and to establish a new high-purity copper sulphate... 

Recycled copper

New drives added to extensive portfolio

By: Halima Frost     27th January 2023 Advanced engineering manufacturer Danfoss has successfully added its IC2 and IC7 drives, released in the final quarter of last year, to its existing VLT and VACON range of drives. The drives will be manufactured in China, Finland, Denmark and the US, depending on the configuration of the product,... 

A man wearing a  blue overall with the BMG logo on servicing a Danfoss drive
PROUD PARTNER BMG is a proud distributor of the extensive range of Danfoss drives

Coils and poles manufactured for client in Cameroon

By: Halima Frost     27th January 2023 Electric motor repair service provider Marthinusen & Coutts finalised the manufacture and delivery of four new replacement field coils and poles for a 25 MVA 36-pole generator at a hydroelectric power station in Cameroon. Finalised in September, the order, booked in June, for hydropower project... 

A man wearing PPE at the Marthinusen & Coutts manufacturing plant where they are manufacturing copper coils for many different industries
POLE POSITION Marthinusen & Coutts was tasked with the challenge of reverse engineering the poles and coils for a hydroelectric power station in Cameroon

AMSA warns of lower full-year earnings amid global, domestic headwinds

By: Darren Parker     24th January 2023 The JSE share price of steel producer ArcelorMittal South Africa (AMSA) fell by nearly 22% on January 24, after it warned of lower profits for the financial year ended December 31, 2022. In a trading statement and business update, the steel producer said its earnings per share (EPS) for the... 

AMSA steel

PRASA, Transnet welcome six-month ban on scrap metal trading 

By: Darren Parker     2nd December 2022 State-owned rail companies the Passenger Rail Agency of South Africa (PRASA) and Transnet Freight Rail (TFR) have both welcomed the six-month ban on the trade of scrap metal as government seeks to limit damage to infrastructure and the economy. As of December 2, the export of scrap metal will be... 

scrap metal cables

The Impact Catalyst launches in Mpumalanga

By: Donna Slater     21st November 2022 Large-scale, socioeconomic development initiative driver The Impact Catalyst was launched in Mpumalanga on November 21 to promote initiatives designed to leverage collaboration to deliver a collective, cross-sectoral impact. The Impact Catalyst – founded by Anglo American, the Council for... 

Seifsa, Memsa celebrate excellence in the metals and engineering sectors

By: Darren Parker     18th November 2022 The Steel and Engineering Industries Federation of Southern Africa (Seifsa), in partnership with the Mining Equipment Manufacturers of South Africa (Memsa), hosted the yearly Metals and Engineering Sector Awards for Excellence, in Randburg, on November 17. “We believed that, notwithstanding the... 

PGMs demand may taper off despite robust automotive demand forecast 

By: Darren Parker     21st October 2022 Global demand for platinum group metals (PGMs) is forecast to taper off beyond 2030, despite a robust outlook for increasing automotive sales, according to platinum group metals producer Impala Platinum (Implats) corporate affairs executive Emma Townshend, who addressed a PGMs students colloquium... 

Impala Platinum ingot

Scrap metal export ban to buy time for SA to build systems to tackle illegal activity  

By: Schalk Burger     23rd August 2022 The proposed policy to ban the export of waste, scrap and semifinished metal products for a period of six months is necessary to immediately reduce the ability of criminal syndicates to monetise stolen metals, while registration systems are put in place to hamper their ability to mask stolen... 

A photo of scrap metal

AFC invests $3m into Nyanza’s titanium dioxide pigment plant

By: Donna Slater     22nd August 2022 Infrastructure solutions provider the Africa Finance Corporation (AFC) has become a codeveloper and early-stage investor in titanium dioxide pigment manufacturer Nyanza Light Metals’ $550-million 80 000 t/y titanium dioxide pigment plant in South Africa. The AFC is making an initial $3-million... 

Sibanye, Heraeus partner to bring green hydrogen electrocatalysts to the market  

By: Darren Parker     18th August 2022 Diversified miner Sibanye-Stillwater and precious metals refiner Heraeus Precious Metals have agreed to collaborate on the research and development of novel electrolyser catalysts containing platinum group metals (PGMs). These electrocatalysts will be high activity and possess the necessary... 

Sibanye CEO Neal Froneman
Photo by Creamer Media
Sibanye CEO Neal Froneman

Reclamation Group says scrap metal prices to stabilise over 18 months even with an export ban

By: Schalk Burger     16th August 2022 Recycling company The Reclamation Group says that, on account of the already installed increased consumer capacity and the advent of new melting facilities already in the pipeline, over the next 12 to 18 months, a free-market situation will once again prevail within the borders of South Africa,... 

Metal recyclers say proposed metal export ban will negatively impact price of scrap metal 

By: Schalk Burger     11th August 2022 Industry organisation the Metal Recyclers' Association of South Africa (MRA) says the six-month ban on the export of metal proposed by the Department of Trade, Industry and Competition (DTIC), would detrimentally affect the price of all South African scrap metal, and, in turn, negatively impact... 

Sustainability efforts set to affect steel industry

By: Nadine Ramdass     8th July 2022 The steel industry has been fraught with challenges, ranging from Covid-19-related impacts to supply chain issues, but the move towards more sustainable practices will also result in many changes in steel industry processes, says South African Institute of Steel Construction (SAISC) technical... 

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