The South African steel industry is a vital contributor to the country’s infrastructure development and economic growth, says Charles Dednam, Secretary General of the South African Iron and Steel Institute (SAISI). The industry includes the...
As the custodians of quality and technical excellence locally and pan-Africa, the Southern African Institute of Steel Construction (SAISC) has highlighted the trend of the increasing innovative use of steel cladding to enhance the architectural...
Government spending on building new and rehabilitating existing infrastructure will increase from R66.7 billion from 2022 to 2023 to R112.5 billion from 2025 to 2026. It includes roads, bridges, stormwater systems and public buildings. This makes...
Despite the current turmoil in the Ukraine/Russian war zone, South African steel supplies have not been badly affected, even though these warring countries are two of the world’s largest steel-producing and exporting countries – together...
South Africa is in desperate need of a zinc refinery to assist with the vast quantities of galvanized steel likely to be taken up by the government’s ambitious infrastructure development plans. “If we intend to rebuild our water and wastewater...
A major blow has been dealt to the South African steel fabrication industry following the decision by French oil company Total to declare force majeure on its Mozambique LNG project at the end of April due to an attack by Islamic State-linked...
The global coronavirus outbreak has locked the local steel industry in a chokehold, further weakening the already distressed manufacturing sector. To combat the negative growth rate, Minister of Trade, Industry and Competition, Ebrahim Patel has...
This is a press release by Gerhard Papenfus, Chief Executive of the National Employers’ Association of South Africa (NEASA) During the SONA as well as the 2020 Budget Speech, Government’s support of Treasury’s ‘Economic transformation, inclusive...
Companies in the local steel industry are finding the market very challenging and according to industry sources, much of this can be attributed to the extreme volatility of the primary pricing. According to Warne Rippon, Executive Director of Steel...
