Steloy, Rely Metpro to control most of South Africa steel market.Steloy Castings, Bronkhorstspruit, South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. , acquired Rely Metpro, Boksburg, South Africa, in March, giving the merged companies 70% of the stainless steel stainless steel: see steel. stainless steel Any of a family of alloy steels usually containing 10–30% chromium. The presence of chromium, together with low carbon content, gives remarkable resistance to corrosion and heat. casting market in South Africa, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Business Day, Johannesburg, South Africa. Steloy, which produces ferrous castings for many industries, such as the railroad and pump markets, and Rely Metpro, which operates South Africa's only centrifugal casting Centrifugal casting or rotocasting is a casting technique which has application across a wide range of industrial and artistic applications:
As a result of the transaction, Steloy is said to increase its revenues by 40% from its current number of R100 million ($16.4 million) per year. |
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