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Manufacture Wholesale Metal Fasteners South Africa

The Manufacture and Wholesale of Metal Fasteners in South Africa 2022

Alex Conradie | South Africa | 12 April 2022

The Manufacture and Wholesale of Metal Fasteners in South Africa 2018

Louise Mitchell | South Africa | 14 December 2018

The Manufacture and Wholesale of Metal Fasteners in South Africa 2015

Louise Mitchell | South Africa | 30 November 2015

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Report Coverage

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.

Introduction

According to the International Trade Centre’s Trade Map, South Africa is the largest exporter of metal fasteners in Africa. South Africa exported metal fasteners to the value of R1.36bn in 2020, with exports to other African countries accounting for 92.5% of the total. 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.

Strengths

• Distributor partnerships with international manufacturers to supply their products locally.
• Government support.
• Input materials are available in South Africa.
• Various diverse end user industries.

Weaknesses

• Energy-intensive production processes make producers vulnerable to high electricity costs and load-shedding.
• Machinery has to be imported.
• Most companies are small.

Opportunities

• Exports to regions experiencing shortages due to global supply disruptions.
• Increasing exports due to growth in African end user industries.
• Pledge by the local automotive manufacturing industry to increase its use of locally manufactured metal fasteners.

Threats

• Impact of COVID-19 on demand for products.
• Inconsistent supply of electricity.
• Increasing costs of electricity, water and raw materials in particular, pose a threat to the industry’s profitability and sustainability.
• Poor economic growth affects demand for products.

Outlook

Analysts forecast the global shortage of metal fasteners and strong demand for these products will continue in 2022. Global sales of metal fasteners are expected to have a compound annual growth rate of 4% to reach US$80.5bn by 2027, largely due to ongoing investment in infrastructure projects, and growing vehicle production. At least in 2022, the local metal fastener industry is expected to experience increased demand from the mining and automotive manufacturing industries in South Africa. Credit intelligence provider Fitch Solutions expects the mining industry will experience growth in 2022 as global metals and minerals prices remain elevated as a result of supply disruptions and higher demand due to the recovery of the world economy. The National Association of Automobile Manufacturers of South Africa expects the local automotive manufacturing industry to grow in 2022. It said in January 2022: “With a GDP growth rate forecast of a moderate 1.8% in 2022, the new vehicle market is expected to continue its gradual recovery during the year, but at a slower pace and at this stage a year-on-year improvement of around 8% in aggregate new vehicle sales volumes is projected for 2022.” The metal fasteners industry could grow exports to regions experiencing shortages due to global supply disruptions.

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The Manufacture and Wholesale of Metal Fasteners in South Africa
The Manufacture and Wholesale of Metal Fasteners in South Africa 2022

Full Report

R 6 500.00(ZAR) estimated $353.49 (USD)*

Industry Landscape

R 4 550.00(ZAR) estimated $ 247.01 (USD)*

Historical Reports

The Manufacture and Wholesale of Metal Fasteners in South Africa 2018-12-14

R 1 900.00(ZAR) estimated $103.15 (USD)*

View Report Add to Cart

The Manufacture and Wholesale of Metal Fasteners in South Africa 2015-11-30

R 1 900.00(ZAR) estimated $103.15 (USD)*

View Report Add to Cart

Table of Contents

[ Close ]
PAGE
1. INTRODUCTION 1
2. DESCRIPTION OF THE INDUSTRY 1
2.1. Industry Value Chain 1
2.2. Geographic Position 2
2.3. Size of the Industry 3
2.4. Key Success Factors and Pain Points 3
3. LOCAL 4
3.1. Key Trends 4
3.2. Notable Players 4
3.3. Trade 4
3.4. Corporate Actions 9
3.5. Regulations 9
3.6. Enterprise Development and Social Economic Development 10
4. AFRICA 11
5. INTERNATIONAL 19
6. INFLUENCING FACTORS 25
6.1. COVID -19 25
6.2. Economic Environment 26
6.3. Labour 32
6.4. Environmental Issues 34
7. COMPETITIVE ENVIROMENT 34
7.1. Competition 34
7.2. Ownership Structure of the Industry 35
7.3. Barriers to Entry 35
8. SWOT ANALYSIS 35
9. OUTLOOK 36
10. INDUSTRY ASSOCIATIONS 36
11. REFERENCES 37
11.1. Publications 37
11.2. Websites 37
APPENDIX 1 39
Summary of Notable Players 39
COMPANY PROFILES 43
Action Bolt (Pty) Ltd 43
Astra Fasteners (Pty) Ltd 45
Automatic Mass Production (Pty) Ltd 47
Avlock International (Pty) Ltd 49
B E D Holdings (Pty) Ltd 52
Ben Cor (Pty) Ltd 55
Bidvest Afcom (Pty) Ltd 57
Bolt-Tech (Pty) Ltd 59
Boltfast (Pty) Ltd 61
Boltlock Manufacturing and Supplies (Pty) Ltd 63
Capital Africa Steel (Pty) Ltd 65
CBC Fasteners (Pty) Ltd 68
Chalwil Engineering CC 70
Daltron Forge (Pty) Ltd 71
East Rand Forging (Pty) Ltd 73
EMV Africa (Pty) Ltd 74
Essentra Components (Pty) Ltd 77
Fastener and Allied (Pty) Ltd 79
Fastener Factory (Pty) Ltd (The) 81
Fastenright (Pty) Ltd 83
Fontana Manufacturers (Pty) Ltd 85
Hilti (South Africa) (Pty) Ltd 87
Hudaco Trading (Pty) Ltd 89
Impala Bolt and Nut (Pty) Ltd 93
Invicta Holdings Ltd 95
NSS Fasteners (Pty) Ltd 99
Pro-Tech Fasteners (Pty) Ltd 101
Qwa-Qwa Wire Products (Pty) Ltd 102
R B Fasteners (Pty) Ltd 104
Reliable Bolt (Pty) Ltd 106
S A Bolt Manufacturers (Pty) Ltd 108
Screw Man (Pretoria) CC (The) 110
Shenka Industries CC 112
SwageFast (Pty) Ltd 114
T and I Chalmers Engineering (Pty) Ltd 116
Tel-Screw Products (Pty) Ltd 118
Transvaal Pressed Nuts Bolts and Rivets (Pty) Ltd 120
W P Fasteners and Services CC 122
Wurth South Africa Co (Pty) Ltd 124

Report Coverage

This report covers the manufacture and wholesale of metal fasteners, and describes the state of the industry, local and international conditions and developments and factors influencing the sector’s success. It includes comprehensive profiles of 32 companies including EMVAfrica, formed through the 2018 merger of Energy Engineered Products, Multi Alloys and E-Metals Cape. It also profiles companies such as Hilti, which is using innovative technologies for chemical fasteners and for grating fastenings on steel and aluminium in highly corrosive environments, and Connectco Fasteners, which took over the manufacturing operations of Fascor.

Introduction

This report focuses on the South African metal fasteners sector which is a small contributor to the manufacturing sector. The manufacturing industry contributed 13.2% to GDP in 2017. Year-on-year growth in production manufacturing of basic iron and steel products in October 2018 was 1.2%. The decline in volume of production manufacturing of parts and accessories for the motor vehicle industry, which is a major customer base for the metal fastener sector, is of concern to the industry. Coupled with weak economic growth and cheap imports from China, local manufacturers are facing difficult trading conditions.

Strengths

• Bigger growth in exports than in imports indicates growing demand in export markets.
• Distributor partnerships with international manufacturers to enable the supply of quality metal fasteners to the local market.
• Government initiatives to support exporters.
• Government’s incentive scheme to mitigate the effects of the import tariffs on the downstream steel sector.
• High duties on some imported fasteners.
• Strong export market in SADC.

Weaknesses

• Import duties are the cause of price increases.
• Ineffective policing of duties on imports.
• Lack of enforcement by state companies to procure local content.
• The decline of the local steel industry that is impacting of steel supply.
• The local manufacturing sector is not competitive.

Opportunities

• Black industrialists development programme could create new entrants and stimulate job creation.
• Government’s local procurement for designated products should be a driver for demand.
• Government’s stimulus plan that is likely to promote infrastructure development and create demand for metal fasteners.
• The manufacture of specialised fasteners according to end-users’ specifications.

Threats

• Increasing input costs which could result in low profit margins for manufacturers or higher selling prices.
• Increasing number of cheap imports of lower quality.
• Low growth in manufacturing output leads to a decrease in demand from customers in low-growth sub-sectors such as automotive parts and accessories.
• The weakening rand, which hinders opportunities for exports and increases costs of imported materials.

Outlook

Seifsa expects 1.1% growth in 2018 and 1.7% in 2019 for the metals and engineering sector against the backdrop of improving commodity prices. The expectation is for the metals and engineering industries to continue to benefit from a possible mild up-turn in domestic demand. However, the continuous improvement in domestic growth will depend, amongst other factors, on the rapid implementation of Ramaphosa’s stimulus plan. The continued survival of the sector depends, as far as the domestic economy is concerned, on the health and growth of the sectors which are drivers of its demand, namely mining, construction and the automotive sector.

Read More..
The Manufacture and Wholesale of Metal Fasteners in South Africa
The Manufacture and Wholesale of Metal Fasteners in South Africa 2018

Full Report

R 1 900.00(ZAR) estimated $103.33 (USD)*

Industry Landscape

R 1 330.00(ZAR) estimated $ 72.20 (USD)*

Historical Reports

The Manufacture and Wholesale of Metal Fasteners in South Africa 2022-04-12

R 6 500.00(ZAR) estimated $353.49 (USD)*

View Report Add to Cart

The Manufacture and Wholesale of Metal Fasteners in South Africa 2015-11-30

R 1 900.00(ZAR) estimated $103.15 (USD)*

View Report Add to Cart

Table of Contents

[ Close ]
PAGE
1. INTRODUCTION 1
2. DESCRIPTION OF THE INDUSTRY 1
2.1. Industry Supply Chain 2
2.2. Geographic Position 3
3. SIZE OF THE INDUSTRY 3
4. STATE OF THE INDUSTRY 4
4.1. Local 4
4.1.1. Trade 7
4.1.2. Corporate Actions 9
4.1.3. Regulations 9
4.1.4. Enterprise Development and Social Economic Development 11
4.2. Continental 13
4.3. International 14
5. INFLUENCING FACTORS 15
5.1. Economic Environment 15
5.2. Government Initiatives 17
5.3. Steel Supply 18
5.4. Designated Products for Local Procurement 20
5.5. Low Growth in Manufacturing Output 20
5.6. Rising Operating Costs 22
5.7. Information Technology, Research and Development and Innovation 22
5.8. Labour 23
5.9. Carbon Tax 25
5.10. Electricity Supply Constraints 25
6. COMPETITION 26
6.1. Barriers to Entry 27
7. SWOT ANALYSIS 28
8. OUTLOOK 29
9. INDUSTRY ASSOCIATIONS 29
10. REFERENCES 30
10.1. Publications 30
10.2. Websites 30
APPENDIX 1 32
Summary of Major Players 32
COMPANY PROFILES 35
AF-FSL GLASS DISTRIBUTORS (PTY) LTD 35
AUTOMATIC MASS PRODUCTION (PTY) LTD 37
AVLOCK INTERNATIONAL (PTY) LTD 39
BASCOL (PTY) LTD 42
BEN COR (PTY) LTD 44
BIDVEST AFCOM (PTY) LTD 45
BOLT-TECH (PTY) LTD 47
BOLTLOCK MANUFACTURING AND SUPPLIES (PTY) LTD 48
CBC FASTENERS (PTY) LTD 50
CHALWIL ENGINEERING CC 52
CONNECTO FASTENERS (PTY) LTD 53
DALTRON FORGE (PTY) LTD 55
EAST RAND FORGING (PTY) LTD 57
ESSENTRA COMPONENTS (PTY) LTD 58
FASTENER AND ALLIED (PTY) LTD 60
IMPALA BOLT AND NUT (PTY) LTD 61
MAZOR GROUP LTD 63
NORTHERN HARDWARE AND GLASS (PTY) LTD 66
PG GROUP (PTY) LTD 69
PRO-TECH FASTENERS (PTY) LTD 73
QWA-QWA WIRE PRODUCTS (PTY) LTD 74
RALPH'S MIRROR AND GLASS (PTY) LTD 76
S A BOLT MANUFACTURERS (PTY) LTD 77
SWAGEFAST (PTY) LTD 79
T AND I CHALMERS ENGINEERING (PTY) LTD 81
TEL-SCREW PRODUCTS (PTY) LTD 83
TRANSVAAL PRESSED NUTS BOLTS AND RIVETS (PTY) LTD 85
WL AND S FASTENER MANUFACTURING CO CC 87

Report Coverage

The report on the Manufacture and Wholesale of Metal Fasteners discusses the current conditions, the range of government interventions aimed at stimulating local manufacture and factors influencing the success of the sector. The report also profiles 40 companies including Avlock International which in partnership with CBC Fasteners, exports fastening systems to the United Kingdom, Canada, Paris, Italy and Australia, and SA Bolt Manufacturers (Pty) Ltd, which serves local and international markets with particular emphasis on the African continent.

Introduction

This report focuses on the South African metal fasteners sector, which was worth an estimated R2.3bn in 2013. The metal fasteners sector is a small contributor to the manufacturing sector with demand in volume for metal fasteners across all economic sectors amounting to 9.2% of total demand for all downstream steel products in 2013. One of the biggest challenges facing the sector is the decline in the South African mining sector, which is the biggest end-user of metal fasteners. Coupled with weak economic growth and cheap imports from China, local manufacturers are facing increasingly difficult times.

Strengths

• Distributors’ partnerships with international manufacturers to enable the supply of quality, modern metal fasteners to the local market.
• High duties on some imported fasteners.

Weaknesses

• Ineffective policing of duties on imports.
• Lack of investment in capacity and R&D.
• The industry’s dependence on one main local steel manufacturer.
• The local manufacturing sector is not competitive.

Opportunities

• Government support for downstream, value-adding industries within the manufacturing sector.
• Infrastructure development in South Africa and in Africa.
• The manufacture of specialised fasteners according to end-users’ specifications.

Threats

• Government’s budget constraints leading to the suspension of financial aid to the manufacturing sector.
• Increasing input costs which could result in low profit margins for manufacturers or higher selling prices, with local manufacturers still unable to compete with cheap imports.
• Increasing number of cheap imports of lower quality.
• Labour unrest and low productivity in affiliate industries.
• Severe constraints on capital expenditure by consumers in the mining and petrochemical industries.
• Skills shortages.
• The saturation of the global market with Asian imports, which limits export opportunities for local fasteners manufacturers.
• The weakening rand, which hinders opportunities for exports and increases costs of imported materials.

Outlook

Feedback from the metal fasteners sector indicates no plans to expand business until the mining and construction industries start growing again. However, falling commodity prices, increasing costs and slower demand for mining outputs from China are expected to continue, which will contribute to low growth in the sector in the short-term. Bascol sees no new opportunities for growth at the moment in South Africa while Boltfast stated that expansion into Africa will require a lot of capital for investment in infrastructure and for the training of employees.

Read More..
The Manufacture and Wholesale of Metal Fasteners in South Africa
The Manufacture and Wholesale of Metal Fasteners in South Africa 2015

Full Report

R 1 900.00(ZAR) estimated $103.33 (USD)*

Industry Landscape

R 1 330.00(ZAR) estimated $ 72.20 (USD)*

Historical Reports

The Manufacture and Wholesale of Metal Fasteners in South Africa 2022-04-12

R 6 500.00(ZAR) estimated $352.87 (USD)*

View Report Add to Cart

The Manufacture and Wholesale of Metal Fasteners in South Africa 2018-12-14

R 1 900.00(ZAR) estimated $103.15 (USD)*

View Report Add to Cart

Table of Contents

[ Close ]
PAGE
1. INTRODUCTION 1
2. DESCRIPTION OF THE INDUSTRY 1
2.1. Industry Value Chain 2
2.2. Geographic Position 3
3. SIZE OF THE INDUSTRY 3
4. STATE OF THE INDUSTRY 7
4.1. Local 7
4.1.1. Corporate Actions 11
4.1.2. Regulations 12
4.1.3. Enterprise Development and Social Economic Development 13
4.2. Continental 15
4.3. International 17
5. INFLUENCING FACTORS 19
5.1. Supply of Steel 19
5.2. Government Intervention 19
5.3. Labour 20
5.4. Economic Environment 22
5.5. Rising Input Costs 23
5.6. Research and Development (R&D) and Innovation 23
5.7. Environmental Concerns 24
6. COMPETITION 24
6.1. Barriers to Entry 25
7. SWOT ANALYSIS 26
8. OUTLOOK 27
9. INDUSTRY ASSOCIATIONS 27
10. REFERENCES 28
10.1. Publications 28
10.2. Websites 29
COMPANY PROFILES 30
ACTION BOLT (PTY) LTD 30
AKASIA BOLT AND NUT ROSSLYN (PTY) LTD 32
AUTOMATIC MASS PRODUCTION (PTY) LTD 34
AVLOCK INTERNATIONAL (PTY) LTD 36
BASCOL (PTY) LTD 39
B E D HOLDINGS (PTY) LTD 41
BAMBALELA BOLTS (PTY) LTD 43
BOLT AND ENGINEERING DISTRIBUTORS (PTY) LTD 44
BOLT CORPORATION (PTY) LTD 46
BOLTFAST (PTY) LTD 48
BOLTLOCK MANUFACTURING AND SUPPLIES (PTY) LTD 50
CBC FASTENERS (PTY) LTD 52
CONNECTCO FASTENERS (PTY) LTD 54
DALTRON FORGE (PTY) LTD 56
ENERGY ENGINEERED PRODUCTS (PTY) LTD 58
ESSENTRA COMPONENTS (PTY) LTD 60
FASCOR (PTY) LTD 62
FASTENER AND ALLIED (PTY) LTD 64
FASTENER FACTORY (PTY) LTD (THE) 65
FLOWSERVE SOUTH AFRICA (PTY) LTD 66
FONTANA MANUFACTURERS (PTY) LTD 68
G AND W FASTENERS (PTY) LTD 70
HELLERMANNTYTON (PTY) LTD 72
HILTI (SOUTH AFRICA) (PTY) LTD 74
IMPALA BOLT AND NUT (PTY) LTD 76
INVICTA HOLDINGS LTD 78
MATLA STEEL CONNECTIONS (PTY) LTD 81
NSS FASTENERS (PTY) LTD 82
PRO-TECH FASTENERS (PTY) LTD 84
QWA-QWA WIRE PRODUCTS (PTY) LTD 85
RAM FASTENERS (PTY) LTD 87
SA BOLT MANUFACTURERS (PTY) LTD 88
SHENKA INDUSTRIES CC 90
SWAGE-FAST (PTY) LTD 92
T AND I CHALMERS ENGINEERING (PTY) LTD 94
TEL-SCREW PRODUCTS (PTY) LTD 96
TRANSVAAL PRESSED NUTS BOLTS AND RIVETS (PTY) LTD 98
WL AND S FASTENER MANUFACTURING CO CC 100
WP FASTENERS AND SERVICES CC 102
WURTH SOUTH AFRICA CO (PTY) LTD 104