Manufacture & Wholesale of Basic Iron & Steel in South Africa 2018 - ResearchAndMarkets.com

June 12, 2018

DUBLIN--(BUSINESS WIRE)--Jun 12, 2018--The “Manufacture and Wholesale of Basic Iron and Steel in South Africa 2018” report has been added to ResearchAndMarkets.com’s offering.

The Manufacture and Wholesale of Basic Iron and Steel discusses current developments, provides import and export data and discusses the factors that influence the success of the industry.

Profiles for 43 companies are provided, including dominant player AMSA, the largest steel manufacturer on the continent, which increased its share of the local flat steel market to 75.5%, and the long steel market to 56.5% during 2017. Also profiled is BSi Steel Ltd, a manufacturer and wholesaler, which in March 2017 sold its 45% interest in Qinisa Steel Solutions to the Jamand Trust, and Barnes Southern Palace (Pty) Ltd which acquired a 74% share in Scaw from the Industrial Development Corporation (IDC) in February 2018.

The Manufacture and Wholesale of Basic Iron and Steel

The largest steel end user industries in South Africa are the building and construction and manufacturing sectors. Of concern to the four primary steel producers, ArcelorMittal South Africa (AMSA), Cape Gate, Columbus Stainless and Scaw Metals is the low growth rate currently being experienced in these important steel-consuming sectors.

Although production capacity increased in 2017, by 3.3% for steel and 6% for iron, local apparent steel consumption dropped from 5.4Mt in 2013 to 4.8Mt in 2017. According to the Southern African Stainless Steel Development Association (SASSDA), local stainless steel consumption decreased by 5.6% in 2017.

Challenging Conditions

Factors that continue to have a significant impact on the performance of local manufacturers and wholesalers of basic iron and steel include the global oversupply of steel as well as high production costs due to inefficiencies and the country’s ageing plants caused in part by a lack of investment.

The increases in electricity and gas prices, high rail and port charges and the fact that adequate amounts of affordable scrap metal are not available all contribute to the difficult conditions.

Companies Mentioned

ArcelorMittal South Africa Ltd Bosal Afrika (Pty) Ltd Cape Gate (Pty) Ltd Columbus Stainless (Pty) Ltd EVRAZ Highveld Steel and Vanadium Ltd Fischer South Africa Facilities (Pty) Ltd Hall Longmore (Pty) Ltd Jaguar Metals (Pty) Ltd Neven Matthews (Pty) Ltd Pro Roof Steel and Tube (Pty) Ltd Robor (Pty) Ltd Scaw South Africa (Pty) Ltd Barnes Tubing Industries (Pty) Ltd Group Five Ltd BSi Steel Ltd Argent Industrial Ltd Africa Pipe Industries (Pty) Ltd N J R Steel Holdings (Pty) Ltd Clotan Steel (Pty) Ltd Barnes Reinforcing Industries (Pty) Ltd Consolidated Wire Industries (Pty) Ltd Aveng Ltd Allied Steelrode (Pty) Ltd Andrew Mentis (Pty) Ltd Meshco (Pty) Ltd Industrial Metal Profiling CC A Holman Trading Company (Pty) Ltd Augusta Steel (Pty) Ltd Steeledale (Pty) Ltd Macsteel Service Centres SA (Pty) Ltd Capital Africa Steel (Pty) Ltd Consolidated Steel Industries (Pty) Ltd Aeroton Steel (Pty) Ltd Sandvik (Pty) Ltd Agni Steels SA (Pty) Ltd

Key Topics Covered

1. Introduction

2. Description of the Industry

3. Size of the Industry

4. State of the Industry

5. Influencing Factors

6. Competition

7. SWOT Analysis

8. Outlook

9. Industry Associations

10. References

For more information about this report visit https://www.researchandmarkets.com/research/3r43lw/manufacture_and?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180612006043/en/

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Related Topics:Iron and Steel



SOURCE: Research and Markets

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PUB: 06/12/2018 11:01 AM/DISC: 06/12/2018 11:01 AM


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