STAINLESS STEEL MAGAZINE - ISSUE 2 - JUNE 2024

market intelligence

The best of the GPS e-newsletter Each month Sassda rounds up a selection of global and local market intelligence articles that are sent to our members in an easy-to-read package of content. They’re designed to highlight pockets of potential growth in demand for stainless steel. Here are some of the best articles from the last few issues...

Anglo to cut ties with Amplats, De Beers in historic restructure Anglo American has announced a radical restructure - its most far-reaching in decades - in which it would demerge its 79% owned Anglo American Platinum (Amplats) and sell or demerge De Beers, the diamond mining entity with which it has been linked for over a century. It also proposes the sale of its steelmaking coal assets and the closure or sale of its nickel operations leaving behind a simpler structure consisting of copper, iron ore (including Kumba Iron Ore in South Africa) and its crop nutrient project Woodsmith.... Read more

Tshwane Automotive City takes shape, unlocks billions in investments Development of the multi-billion-rand Tshwane Automotive City (TAC) is gaining momentum following the installation of bulk infrastructure at its centre and the commencement of the 700 000 square meter Rosslyn Hub mixed-use development. A key aspect of this economic hub is a joint venture between China- based Yanfeng and French company Plastic Omnium resulting in a R670-Milion investment in a new 26 000 square meter factory… Read more

R40M required to kickstart captured Atlantis SEZ rail line The Atlantis Special Economic Zone (SEZ) is still aiming to restart its rail service. This follows the SEZ rail link with the Port of Cape Town being severed in 2018. This took place near Montague Gardens, when the rail line was invaded, forcing operations to stop. The Atlanta SEZ, which has a 43km long rail link to the Port of Cape Town, is setting itself up as a green energy hub and sees the restarting of the rail service as a development that could boost this industry… Read more

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Issue 2 – 2024

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