Rising Costs of Enter Price Elements, Electrical energy and Scrap Steel are Placing the Trade Below Strain

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DUBLIN, Jan. 20, 2023 /PRNewswire/ — The “Casting of Metals in South Africa 2022″ report has been added to  ResearchAndMarkets.com’s providing.

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This report is on the casting of metals in South Africa, which produces completed and semi-finished merchandise of forged iron and metal (ferrous metals) and forged non-ferrous metals.

It contains data on the state and measurement of the sector, influencing elements, commerce statistics and developments and data on notable gamers.

The steel casting {industry} has been contracting during the last two yr on account of poor financial development, excessive enter prices, inconsistent provide of electrical energy and excessive ranges of imports.

The worth of steel castings exports declined in 2021 and employment within the {industry} has decreased. There may be potential for elevated demand for the {industry}’s merchandise from finish customers within the mining, automotive and power industries.

There are profiles of 26 corporations within the {industry}, which embody these of listed corporations ArcelorMittal South Africa and Hudaco Industries, in addition to gamers corresponding to Atlantis Foundries, Forged Merchandise South Africa, MIS Engineering and Strain Die Castings.

Key Tendencies and Points

  • Corporations within the {industry} are more and more looking for to diversify their sources of earnings by guaranteeing their prospects are unfold over numerous industries. Foundries are additionally growing the variety of value-added companies they provide.

  • The rising costs of the foundry {industry}’s two largest enter value elements, electrical energy and scrap steel, are placing the {industry} below strain.

Electrical energy Disaster

  • Secure and cost-effective energy provide is essential for foundries since their processes eat comparatively excessive quantities of electrical energy.

  • Outages disrupt manufacturing, result in under-utilisation of manufacturing capability and better prices, substitution of locally-manufactured merchandise by imports, the specter of not fulfilling export orders and dropping contracts and funding uncertainty.

  • Corporations are subjected to load-shedding and cargo curtailments and compelled to spend capital on different or back-up electrical energy sources.

Key Subjects Lined:

1. INTRODUCTION

2. DESCRIPTION OF THE INDUSTRY
2.1. Trade Worth Chain
2.2. Geographic Place
2.3. Measurement of the Trade

3. LOCAL
3.1. State of the Trade
3.2. Key Tendencies
3.3. Key Points
3.4. Notable Gamers
3.5. Commerce
3.6. Company Actions
3.7. Rules
3.8. Enterprise Growth and Social Financial Growth

4. AFRICA

5. INTERNATIONAL

6. INFLUENCING FACTORS
6.1. Financial Surroundings
6.2. Inconsistent Provide of Electrical energy
6.3. Enter Prices
6.4. Excessive Ranges of Imports
6.5. Know-how, R&D and Innovation
6.6. Environmental Points
6.7. Unexpected Occasions
6.8. Labour
6.9. Authorities Help

7. COMPETITIVE ENVIRONMENT
7.1. Competitors
7.2. Possession Construction of the Trade
7.3. Limitations to Entry

8. SWOT ANALYSIS

9. OUTLOOK

10. INDUSTRY ASSOCIATIONS

11. REFERENCES
11.1. Publications
11.2. Web sites

Firm Profiles

  • Akhani 3D (Pty) Ltd

  • ArcelorMittal South Africa Ltd

  • Atlantis Foundries (Pty) Ltd

  • Autocast South Africa (Pty) Ltd

  • Forged Merchandise South Africa (Pty) Ltd

  • Ceracast (Pty) Ltd

  • Copalcor (Pty) Ltd

  • Elmacast (Pty) Ltd

  • Hudaco Buying and selling (Pty) Ltd

  • Kimberley Engineering Works (Pty) Ltd

  • M I S Engineering (Pty) Ltd

  • Natal Iron and Brass Foundry CC

  • Non-Ferrous Steel Works (S A) (Pty) Ltd

  • Strain Die Castings (Pty) Ltd

  • Prevail Engineering (Pty) Ltd

  • Rely Precision Castings (Pty) Ltd

  • Rustenburg Engineering and Foundry (Pty) Ltd

  • South African Roll Firm (Pty) Ltd

  • Steloy Foundries (Pty) Ltd

  • Thomas Foundry (Pty) Ltd

  • Thos Begbie and Firm (Pty) Ltd

  • Transnet SOC Ltd

  • Vereeniging Foundries (Pty) Ltd

  • Viking Foundry (Pty) Ltd

  • Wahl Industries CC

  • Weir Minerals Africa (Pty) Ltd

For extra details about this report go to https://www.researchandmarkets.com/r/to7044

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