February Coverage Report

Transcription

1 February Coverage Report PRINT Casting SA 01 February 2015, p.12

2 SEIFSA NEWS PART 1 OF 2 01 February 2015, p4 & p5

3 Casting SA 1st February 2015, p.15 Cape Argus (AM Edition), Business Report 12 February 2015, p.20

4 Business Report- Cape Times, Mercury, Pretoria News, The Star 20 February 2015, p.18, p.18, p.16, p.20

5 Engineering News 27 February 2015, p.56

6 Finweek (Afrikaans and English), 27 February 2015, p.28 & p.28

7 ONLINE Arttimes.co.za - Art Times 10 th February Photography is totally reliant on modelling light streaming through the lens in shapes and form to create moments we share with others. Sometimes soft and gentle. Other times vivid and vast. Share with us as we take you on a journey in text and person through the visual experiences of our lives. my first drawing on the flap of a used envelope at two and a half years old and my first written word scripted with my finger in the dust on a weathered table I began my visual journey of exploration. This pictorial pilgrimage has taken me through a lifelong travel down the corridors of creativity and advertising, graphic design and photography. My deep passion has become a call to creativity. After spending three exciting years at Johannesburg College of Art I launched into the crazy ad industry. This vibrant environment taught me much about the creative world of communication, later opening fresh avenues into honing my talent in the direction of graphic design. After a two successful partnerships in design I embarked on the adventure of opening our own design business. HANNA DESIGN has spent the past four decades creating prestigious Corporate Identities for blue chip companies. Our relentless commitment to innovate graphic design has built a local and international award winning portfolio of Annual Report, Corporate Identity, Corporate Brochure and Digital Design. Our Clientele includes Hannover Reinsurance Group Africa, Toyota South Africa, Ingwe Coal Corporation, Michelangelo Towers Mall, Sandton Management District, Cadiz Financial Services Group, Intermarket, Disney s Animal Kingdom Lodge, Standard Bank, Scaw Metals, to name a few.

8 Iol.co.za/business - Iol Business Report 20 th February ARCELORMITTAL SA has applied to the International Trade Administration Commission (Itac) for anti-dumping duties as they claim Chinese steel is coming into South Africa and being sold at a price below the cost of production. In an interview, ArcelorMittal chief executive Paul O Flaherty said this week that this came as over tons of steel was imported into South Africa from China last year, which was sold at least R500 per ton cheaper than local prices. We believe they are offering their products at prices lower than their costs, he said. O Flaherty said ArcelorMittal had asked for tariff protection on four steel products. We have put our application through and it is going through the process. He said the company had undertaken all the cost cutting it could and that the tariff intervention was more of a last resort for the industry, particularly as the price of steel was on a downward spiral. To counter this we are producing at full capacity so we can benefit from economies of scale, he said. An official of the Steel and Engineering Federation of South Africa (Seifsa) confirmed that China had a surplus of steel that had resulted in depressed world prices. ArcelorMittal employs people at its South African operations. In another development, the wire and mesh industry has successfully applied to Itac for the introduction of tariffs on some of their products as a result of imports from China. The wire industry was granted an ad valorem tariff that was increased from 5 percent to 15 percent on barbed wire, wire mesh and hexagonal wire netting. An ad valorem tariff is a duty or other charges levied on an item on the basis of its value and not on the basis of its quantity, size, weight or any other factor. The wire and mesh industry was also granted an increase to 10 percent ad valorem tariff from tariff free for wire of iron or non-alloy steel. The latest increase was granted in early February, while the first was granted in December. An application for the introduction of tariffs on galvanised wire was turned down by Itac, but a source at the South African Wire Association (Sawa) said they would be appealing the decision in a year s time. The reason was that galvanised wire was an input product and its cost in South Africa was very competitive.

9 Sawa s membership includes Scaw Minerals Group, Hendok, ArcelorMittal SA, Ram Trading, Consolidated Wire Industries, Fournel, Galvco Engineering and Cape Gate among others and collectively employ about people. The association said the intervention by Itac came as a number of their members were on the verge of bankruptcy, having lost market share in large parts of Africa, North America, Europe, as well as the Far East. There have always been some wire products coming in, but they have been increasing to a greater extent in recent years. The Chinese have become very aggressive of late, the source said. The Sawa members will now focus on exporting to the rest of Africa, where they hope to have a competitive advantage over Chinese producers. He said Sawa was pleased that Itac had intervened favourably, and said the benefits of the new tariffs would perhaps be seen from the next quarter. Itac spokesman Foster Mohale confirmed that most of the imports originate in East Asian countries. The commission did not support the application for an increase in customs duty on galvanised wire. However, the application for an increase in customs duty on the other three wire products was supported, he added. He said the commission had found that import volumes for galvanised wire declined from about tons in 2011 to about tons in Mohale said with regards to the other three wire products, the commission had found that import volumes grew significantly during the three years. In volume terms, imports of barbed wire increased from about tons in 2011 to almost tons in 2013; wire mesh imports rose from about 800 tons in 2011 to almost tons in 2013; and imports of hexagonal wire netting climbed from about tons in 2011 to roughly tons in As a result of increased imports, the domestic industry is unable to utilise its existing production capacity to achieve economies of scale, he said.

10 Engineeringnews.co.za - Engineering News 27 February Leading steel and steel products manufacturer Scaw Metals Group s Cape Town branch in November received DNV accreditation from international certification body DNV-GL, certifying the company s wire rope slings and attachments in accordance with DNV specification DNV-GL is acknowledged as one of the world s leading certification bodies, which offers management systems certification services. Scaw s achievement, together with the existing DNV approval of Scaw s chain division, reinforces Scaw s position as a supplier of high-quality products to the global maritime and lifting industries. Scaw s new DNV accreditation is significant, as the increasing offshore and marine industry along the west, south and east coasts of Africa requires lifting slings to be certified by an accredited body before delivery. Further, the accreditation benefits Scaw as it now enables the group s clients to buy lifting equipment with the assurance that the equipment complies with the stringent requirements of the DNV specification. Clients also receive a DNV certificate issued by Scaw. Further complementing this achievement is the DNV approval of Scaw s chain division, as well as the approval of its primary supplier; crane services company Crosby Europe, for components used in the manufacturing process. This accomplishment is the perfect platform for us to showcase our products to our industry counterparts. It also gives the organisation a competitive standing alongside global players, notes Scaw Metals Group CEO Markus Hannemann, adding that Scaw management applauds the Cape Town branch for its commitment to driving the organisation to become more efficient. The Scaw Cape Town branch set itself a target to achieve this recognition in view of the benefits it could derive in the oil industry. Hannemann adds that the branch management team embarked on the journey to achieve this target under the guidance and dedication of its rigging superintendent. It required every component of the lifting set to be analysed and tested in accordance with DNV requirements, he says. Scaw Metals sales and marketing executive head George Katergarakis concludes: We are truly impressed with what the branch has achieved, as it sets the tone for the customer s peace of mind through quality assurance and faster delivery turn- around time. About Scaw Metals

11 Scaw Metals is a South African-led company that produces highly specialised and critical consumable steel components for the mining, rail, power, offshore oil and gas, construction, commercial and other industrial sectors. The business operates through four product-focused business units with facilities in South Africa: Grinding Media produces high-chrome and forged grinding media. Wire Rod Products produces steel wire rope, chain, wire and strand and other related products for mining, industrial, construction and offshore oil drilling applications. Cast Products designs and produces a variety of cast steel products for the mining, metals processing, power generation and rail industries. Rolled Products manufactures low- and high-carbon long steel products.