DUBLIN, May 10, 2022--(BUSINESS WIRE)--The "Manufacture and Wholesale of Metal Fasteners in South Africa 2022" report has been added to ResearchAndMarkets.com's offering.
South Africa is Africa's largest exporter of metal fasteners, including rivets, tacks, pins, staples, washers, nuts, bolts, and screws. Key end users include the mining, automotive manufacturing, construction, rail, energy, agriculture and manufacturing industries. Factors such as the impact of the pandemic, poor economic growth and high input costs continue to have a significant impact on the performance of the metal fasteners manufacturing and wholesale industry.
The imposition of safeguard duties on imports of various types of metal fasteners over the past few years has caused demand for locally-manufactured fasteners to increase, according to industry players. During 2020 and 2021, safeguard duties were imposed on imported iron or steel bolts with hexagon heads and fully threaded screws with hexagon heads.
As most countries recover from the impact of the pandemic, demand for fasteners is growing in most industries, but there are problems on the supply side. Steel plants have been slow to come back online, causing a global deficit that led to ongoing higher steel prices, and as steel production increases, prices of input materials like iron ore, coking coal and steel scrap are also rising due to higher demand. Many fastener manufacturers are not accepting orders because they cannot secure steel supplies. There is a global shortage of shipping containers, which has caused a surge in freight costs.
This report focuses on the manufacture and wholesale of metal fasteners nails, rivets, tacks, pins, staples, washers and other non-threaded products, nuts, bolts, screws and other threaded products. The report includes information on the size of the industry, trade statistics and influencing factors.
There are profiles of 39 companies including listed industry players such as Bidvest, Hudaco Industries and Invicta, notable manufacturers including Avlock International, CBC Fasteners and SA Bolt Manufacturers and wholesalers such as Action Bolt, Hilti and Wurth.
2.4. Key Success Factors and Pain Points
3.6. Enterprise Development and Social Economic Development
7.2. Ownership Structure of the Industry
Automatic Mass Production (Pty) Ltd
B E D Holdings (Pty) Ltd
Boltlock Manufacturing and Supplies (Pty) Ltd
Capital Africa Steel (Pty) Ltd
East Rand Forging (Pty) Ltd
Fastener and Allied (Pty) Ltd
Fastener Factory (Pty) Ltd (The)
Hilti (South Africa) (Pty) Ltd
Impala Bolt and Nut (Pty) Ltd
Qwa-Qwa Wire Products (Pty) Ltd
R B Fasteners (Pty) Ltd
S A Bolt Manufacturers (Pty) Ltd
Screw Man (Pretoria) CC (The)
T and I Chalmers Engineering (Pty) Ltd
Transvaal Pressed Nuts Bolts and Rivets (Pty) Ltd
W P Fasteners and Services CC
Wurth South Africa Co (Pty) Ltd
For more information about this report visit https://www.researchandmarkets.com/r/jdg1v4
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