Rising Costs of Enter Value Parts, Electrical energy and Scrap Metallic are Placing the Trade Below Stress

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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 solid non-ferrous metals.

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

The metallic casting {industry} has been contracting during the last two 12 months as a result of poor financial development, excessive enter prices, inconsistent provide of electrical energy and excessive ranges of imports.

The worth of metallic 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 vitality industries.

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

Key Developments and Points

Firms within the {industry} are more and more searching for to diversify their sources of earnings by making certain 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 price parts, electrical energy and scrap metallic, are placing the {industry} underneath stress.

Electrical energy Disaster

Secure and cost-effective energy provide is necessary for foundries since their processes devour 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 shedding contracts and funding uncertainty.
Firms are subjected to load-shedding and cargo curtailments and compelled to spend capital on different or back-up electrical energy sources.

Key Subjects Coated:

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 Developments
3.3. Key Points
3.4. Notable Gamers
3.5. Commerce
3.6. Company Actions
3.7. Rules
3.8. Enterprise Improvement and Social Financial Improvement

4. AFRICA

5. INTERNATIONAL

6. INFLUENCING FACTORS
6.1. Financial Setting
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 Assist

7. COMPETITIVE ENVIRONMENT
7.1. Competitors
7.2. Possession Construction of the Trade
7.3. Obstacles 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
Solid 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 Metallic Works (S A) (Pty) Ltd
Stress 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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