DUBLIN, Jan. 20, 2023 /PRNewswire/ — The “Casting of Metals in South Africa 2022″ report has been added to ResearchAndMarkets.com’s offering.
This report is on the casting of metals in South Africa, which produces finished and semi-finished products of cast iron and steel (ferrous metals) and cast non-ferrous metals.
It includes information on the state and size of the sector, influencing factors, trade statistics and developments and information on notable players.
The metal casting industry has been contracting over the last two year due to poor economic growth, high input costs, inconsistent supply of electricity and high levels of imports.
The value of metal castings exports declined in 2021 and employment in the industry has decreased. There is potential for increased demand for the industry’s products from end users in the mining, automotive and energy industries.
There are profiles of 26 companies in the industry, which include those of listed companies ArcelorMittal South Africa and Hudaco Industries, as well as players such as Atlantis Foundries, Cast Products South Africa, MIS Engineering and Pressure Die Castings.
Key Trends and Issues
Companies in the industry are increasingly seeking to diversify their sources of income by ensuring their customers are spread over various industries. Foundries are also increasing the number of value-added services they offer.
The rising prices of the foundry industry’s two largest input cost components, electricity and scrap metal, are putting the industry under pressure.
Electricity Crisis
Stable and cost-effective power supply is important for foundries since their processes consume relatively high amounts of electricity.
Outages disrupt production, lead to under-utilisation of production capacity and higher costs, substitution of locally-manufactured products by imports, the threat of not fulfilling export orders and losing contracts and investment uncertainty.
Companies are subjected to load-shedding and load curtailments and forced to spend capital on alternative or back-up electricity sources.
Key Topics Covered:
1. INTRODUCTION
2. DESCRIPTION OF THE INDUSTRY
2.1. Industry Value Chain
2.2. Geographic Position
2.3. Size of the Industry
3. LOCAL
3.1. State of the Industry
3.2. Key Trends
3.3. Key Issues
3.4. Notable Players
3.5. Trade
3.6. Corporate Actions
3.7. Regulations
3.8. Enterprise Development and Social Economic Development
4. AFRICA
5. INTERNATIONAL
6. INFLUENCING FACTORS
6.1. Economic Environment
6.2. Inconsistent Supply of Electricity
6.3. Input Costs
6.4. High Levels of Imports
6.5. Technology, R&D and Innovation
6.6. Environmental Issues
6.7. Unforeseen Events
6.8. Labour
6.9. Government Support
7. COMPETITIVE ENVIRONMENT
7.1. Competition
7.2. Ownership Structure of the Industry
7.3. Barriers to Entry
8. SWOT ANALYSIS
9. OUTLOOK
10. INDUSTRY ASSOCIATIONS
11. REFERENCES
11.1. Publications
11.2. Websites
Company Profiles
Akhani 3D (Pty) Ltd
ArcelorMittal South Africa Ltd
Atlantis Foundries (Pty) Ltd
Autocast South Africa (Pty) Ltd
Cast Products South Africa (Pty) Ltd
Ceracast (Pty) Ltd
Copalcor (Pty) Ltd
Elmacast (Pty) Ltd
Hudaco Trading (Pty) Ltd
Kimberley Engineering Works (Pty) Ltd
M I S Engineering (Pty) Ltd
Natal Iron and Brass Foundry CC
Non-Ferrous Metal Works (S A) (Pty) Ltd
Pressure Die Castings (Pty) Ltd
Prevail Engineering (Pty) Ltd
Rely Precision Castings (Pty) Ltd
Rustenburg Engineering and Foundry (Pty) Ltd
South African Roll Company (Pty) Ltd
Steloy Foundries (Pty) Ltd
Thomas Foundry (Pty) Ltd
Thos Begbie and Company (Pty) Ltd
Transnet SOC Ltd
Vereeniging Foundries (Pty) Ltd
Viking Foundry (Pty) Ltd
Wahl Industries CC
Weir Minerals Africa (Pty) Ltd
For more information about this report visit https://www.researchandmarkets.com/r/to7044
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