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Other Metals News
Infrastructure recovery roadmap mulled
By: Mamaili Mamaila 13th November 2020 If South Africa is to have any hope of economic recovery, no sector can afford to do things the way it did before 2020, says the International Zinc Association (IZA). →
Tribunal approves IRL's buyout of Mapochs mine, with conditions
By: Marleny Arnoldi 27th October 2020 The Competition Tribunal has approved a transaction whereby natural resources investor International Resources Limited (IRL) South Africa will acquire the openpit Mapochs mine, in Mpumalanga. The mine supplied ore for the production of steel and vanadium before steel producer Evraz Highveld... →
Easy-to-assemble water storage tanks launched
By: Halima Frost 16th October 2020 Steel products and related services company Structa Group recently launched the marketing drive for its new Circotank brand, which offers a range of rolled sectional steel tanks. Circotank is manufactured from galvanised steel sheet, cold rolled, with a stiffening profile. →
Consultant emphasises importance of careful selection of galvanised steel sheet for light metal frame structures, roofing
By: Simone Liedtke 1st October 2020 Careful selection of continuously galvanised steel sheet products can help to avoid premature corrosion of roofing and cladding on buildings, says galvanising consultant Terry Smith. Continuously galvanised sheet is produced in a hot-dip galvanising process, after which it may be further coated... →
Kibo advancing PPA discussions for Mozambique projects
By: Creamer Media Reporter 26th August 2020 A grid impact assessment and integration study for multi-asset energy company Kibo Energy's Benga power plant project (BPPP), in Mozambique, has been completed and submitted to power utility Electricidade de Moçambique (EDM). This forms part of the definitive feasibility study optimisation and... →
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. →
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... →
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... →
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... →
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. →
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... →
Steely resolve, innovation continue despite lockdown
By: Darren Parker 31st July 2020 Although production came to a halt over the past two months, light-steel-frame building materials supplier Etex South Africa – formerly known as Marley Building Systems – continued planning and innovating throughout the Covid-19 lockdown so that it would be well positioned to take advantage of... →
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... →
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... →
Agbaja trial mining progresses, albeit slowly
By: Marleny Arnoldi 30th July 2020 ASX-listed Kogi Iron says it has continued with reduced activities in Nigeria throughout June and July, owing to limited interstate and international travel. Trial iron-ore mining at the company’s Agbaja project is also only progressing slowly owing to heavy rains and travel restrictions. →
Solidarity welcomes DTIC’s move to investigate scrap metal supply
By: Simone Liedtke 14th July 2020 Trade union Solidarity has welcomed Trade and Industry Minister Ebrahim Patel’s trade policy directive, which proposes an investigation into measures to help support the South African metals industry, which is facing significant challenges. The directive, which was published last month, follows... →
Saisi supports govt’s step towards export tax on scrap metal
By: Marleny Arnoldi 8th July 2020 The South African Iron and Steel Institute (Saisi) has welcomed government’s directive for the scrap metal supply chain to be supported. Saisi believes it is of national importance that the viability of the ferrous scrap and steel sectors be maintained. →
Seifsa eagerly awaits scrap metal industry relief
By: Marleny Arnoldi 6th July 2020 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has welcomed government's announcement that it has tasked the International Trade Administration Commission (Itac) of South Africa to look into measures to support the metals and engineering (M&E) sector. Seifsa says it... →
Patel directs Itac to look into scrap metal price preference system
By: Marleny Arnoldi 3rd July 2020 Trade and Industry Minister Ebrahim Patel has issued a trade policy directive to the International Trade Administration Commission of South Africa (Itac) to urgently look into measures to help support the scrap metals industry. Patel said the industry was facing severe challenges owing to... →
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.... →
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... →
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... →
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.... →
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... →
More profiles can benefit local market
By: Darren Parker 19th June 2020 The current SANS 517 for light-steel-frame building, which is still in development, focuses only on the application of the C-channel profile, but consulting engineering firm ES Consulting Engineers and Associates structural, fire and energy consulting engineer Wessel Esterhuizen believes that it... →
Emergency structures present opportunity for sector
By: Darren Parker 19th June 2020 Although the Covid-19 national lockdown proved “disastrous” for the light-steel-frame building sector – as it was for the rest of the construction sector – Southern African Light Steel Frame Building Association (Sasfa) director John Barnard believes that there are opportunities for the sector.... →
Training course goes online
By: Darren Parker 19th June 2020 The Southern African Light Steel Frame Building Association (Sasfa) has had to adapt its five-day training course for building contractors, architects, engineers and quantity surveyors to an online presentation, owing to the Covid-19 lockdown restrictions on gatherings. The online version of the... →
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... →
Pandemic, economic challenges to shape industry direction
By: Mamaili Mamaila 22nd May 2020 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 distributor Macsteel. →
Fitch Solutions expects most metal markets to move into a surplus this year
By: Simone Liedtke 13th May 2020 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, as a result of the spread of Covid-19. Although some operational hurdles, owing to government... →
Steel production likely to stagnate or decline this year, says Roskill
By: Simone Liedtke 5th May 2020 Steel production in developed economies is likely to either stagnate, or decline completely, as the Covid-19 pandemic continues to influence and impact on the global economy, consultancy Roskill steel alloys principal consultant Erik Sardain said on May 5. Speaking in a webinar, he explained... →
Hulamin expects Covid-19 to negatively impact on earnings
By: Simone Liedtke 17th April 2020 South Africa’s national lockdown is a significant disruption to JSE-listed Hulamin’s operations and has resulted in a decrease in demand for its products, particularly in the general engineering and automotive sectors. Consequently, Hulamin expects this to negatively impact on its earnings before... →
Sector in dire need of transformation
By: Mamaili Mamaila 28th February 2020 The manufacturing industry, and particularly the metals and engineering sector, is in much need of transformation, says national employer federation the Steel and Engineering Industries Federation of Southern Africa (Seifsa). →
Local steel industry still holds much potential
By: Mamaili Mamaila 28th February 2020 The current capacity and capabilities of the local steel industry are still largely understated, says export trade promotion agency the International Steel Fabricators (ISF). →
Volatile steel prices to continue in 2020
By: Mamaili Mamaila 28th February 2020 The volatile prices of domestic steel producers and domestic steel merchants are likely to continue in 2020, says national employer federation Steel and Engineering Industries Federation of Southern Africa (Seifsa) chief economist Dr Michael Ade. →
PSV considers clawback offer with DNG as part of restructuring strategy
By: Marleny Arnoldi 26th February 2020 AltX-listed industrial engineering group PSV Holdings on Wednesday announced that its board was considering a turnaround strategy for the business. The turnaround strategy includes a potential clawback offer whereby liquefied natural gas infrastructure provider DNG Energy Proprietary will... →
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