Allied Steelrode supports the ‘sisters of steel’ in serving the Pretoria region

The steel business has always been perceived as a male preserve. However, in Rosslyn, north of Pretoria, there are two vibrant women who are challenging this traditionally-held perception on a daily business – literally, the ‘sisters of steel’. Gwen Mahuma and Monika Pretorius are respectively Business Development Director and Managing Director of BBD Steel Supplies. Since its inception in 2014 – and despite the extremely tough economy of recent years – the business has doubled its turnover every year since then. From a three-person start-up, it now employs 27 people…

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Allied Steelrode: stretching steel, customer service and product quality to new levels of excellence

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Since the merger of Steelrode and Allied Chemical and Steel in 2014 which created Allied Steelrode, the business has fast earned its leadership position in the South African steel industry. Today it is the largest procurer of product from South Africa’s primary steel processor; and is also a major importer of steel from abroad. “There have been two keys that have unlocked our success – customer service and product excellence, underpinned by our unwavering investment and dedication to both,” explains Rippon. Since inception, customer service has been the company’s main…

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Innovation the key to reviving SA’s manufacturing sector: steel federation

JOHANNESBURG – Innovation was crucially important for the future survival of South Africa’s manufacturing sector, the Steel and Engineering Industries Federation of Southern Africa said on Tuesday. Speaking at the Industrial Development Conference held in Sandton, SEIFSA Chief Executive Officer Kaizer Nyatsumba said innovation would ultimately be the difference between thriving manufacturers and those that were merely surviving. Nyatsumba said that the South African manufacturing sector was going through a “structural adjustment phase, rather than a cyclical downturn” and a “rethink of South Africa’s approach to manufacturing was, therefore, most…

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Scaw Metals dismisses US claims about steel dumping

Scaw confirms it has not exported wire rod to the US ‘for many years’ as US finds ‘critical circumstances’ exist with respect to ‘producers and exporters in SA’ South African steel producer Scaw Metals has dismissed an “affirmative preliminary determination” by the US department of commerce that states the company was involved in dumping carbon and alloy steel wire rod in America, along with firms from Italy, South Korea, Spain, Turkey, Ukraine, and the UK. Dumping occurs when a foreign company sells an imported product at less than fair value.…

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MARKET AND SHOWCASE YOUR PRODUCTS AT WIRE AND TUBE 2018 IN DUSSELDORF, GERMANY, 16 TO 20 APRIL 2018

Assistance is provided to qualifying South African exporters to introduce South African products into foreign markets, in a cost effective manner. the dti extends an invitation to your firm and other exporters of wire and tube products to apply to participate on the National Pavilion at the International Wire and Tube Trade Fair 2018 scheduled to take place from 16 to 20 April 2018 in Dusseldorf, Germany. The deadline date for the submission of duly completed National Pavilion application forms is 20 November 2017. This bi-annual trade fair is recognised…

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Allied Steelrode’s LT20 tube laser: Imagination is the only limitation

High-speed, versatile five axis 3D tube laser creates dynamic new processing and pre-fabrication possibilities   While many companies these days may claim to be innovators, true innovation is rare. However, for South Africa’s leading steel processor and supplier, Allied Steelrode, innovation is in the lifeblood of the company and part of their organisational ethos. Founded through a merger of Allied Chemical and Steel Pty Ltd and Steelrode Pty six years ago, Allied Steelrode has grown exponentially, supplying high volume merchants and end-users with – amongst other product offerings – bulk…

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Why BSI Steel may close KwaZulu-Natal branch

The group may restructure to centralise distribution from Gauteng office amid sector ructions BSI Steel, an AltX-listed processor and distributor of steel products into sub-Saharan Africa, is reviewing the viability of servicing the market in KwaZulu-Natal through its Pietermaritzburg warehouse and offices. The group, which is feeling the ructions in SA’s broader steel industry, said there was a possibility of relocating the firm’s administration function to the BSI Kliprivier office in Gauteng. But it also said “this restructure is a decisive and progressive move to ensure that BSI remains a…

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Tata Steel to merge European operations with ThyssenKrupp

India’s Tata Steel has paved the way for a merger of its European operations with the German steel manufacturer ThyssenKrupp, creating Europe’s second largest steel group after ArcelorMittal. Tata said the two companies had signed a “memorandum of understanding” to create a 50/50 joint venture based in Amsterdam, with an annual turnover of about €15bn (£13.3m), 48,000 employees, and annual shipments of about 21m tonnes of flat steel. The two companies have been in talks to combine their European operations since Tata abandoned plans to sell its UK steel business…

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Export competitiveness in the metals and engineering sector is pivotal for economic growth and synchronised upswing in the world economy, argues Michael Ade.

Our review of the State of the Metals and Engineering sector in the first quarter of 2017 reaffirmed the low-growth scenario, which saw a second consecutive contraction in GDP technically catapulting the South African economy into a recession. However, the latest prediction by the Steel and Engineering Industries Federation of Southern Africa (SEIFSA) captures an adjusted annual economic growth trajectory, highlighting a moderate turnaround in GDP growth this year of 0.8%, which is generally congruent with a global positive outlook. The recovery – albeit slowly – of some economic fundamentals…

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ArcelorMittal SA remains on the ropes

By: Giulietta Talevi The South African government’s long delayed decision to impose higher tariffs on certain steel imports – effective from 1 July – has come too late to staunch the bleeding at SA’s largest remaining listed steel company, ArcelorMittal SA. © 123RF.com The company warned shareholders on Thursday, 20 July, that its headline losses for the six months to the end of June would be more than three times higher, at between 143c and 152c a share, than 2016’s headline loss of 44c a share. That puts ArcelorMittal SA…

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