Category: Macsteel In The Media

WATCH: Steel prices hurt localisation drive

Trade, industry & competition minister Ebrahim Patel stated the obvious in his recent budget speech that “SA’s import to GDP ratio is too high for a country that desperately needs more jobs”. Michael Avery and his panel debate how steel prices hurt the localisation drive, and the economic benefits of

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Steel prices hurt localisation drive

Steel prices hurt localisation drive.Listen to the Classic Business podcast with Mike Benfield, CEO of Macsteel, Kobus Verster, CEO ArcelorMittal South Africa (AMSA) and Talib Sadik, former CEO of Denel. Recorded on 7 June 2021 exclusively to Classic 1027, with Michael Avery.

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Towing the quality line with Macsteel

Ever thought about the significance of your towbar? Ever considered the consequences of it breaking? That little steel ball that protrudes out of the rear bumper has an enormous amount of engineering in it. But that means very little if the quality of steel it’s made from isn’t of the

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Fluid power merger bearing fruits

Macsteel’s June 2020 merger of two of its business units – Fluid Control and Pipes, Fitting and Flanges – into Macsteel Fluid Control is paying off with the new unit having achieved the forecast growth it set out to achieve.

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Commercial viability a drive force

Commercial sustainability in tough economic conditions remains one of the driving forces behind Macsteel’s business transformation journey.  In June 2020, Macsteel merged Macsteel Trading Pipes, Fitting and Flanges into Macsteel Fluid Control, which has since achieved the forecast growth it set out to achieve.  The merger required an extensive change

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