Steloy was recently featured in Railways Africa’s second issue for 2015. The article details the establishment of Steloy’s Rail Division, which included a capital investment programme to improve capacity, equipment and quality. This came about as a means to better serve the rail industry amidst South Africa’s extensive rail improvement projects.
This investment further entrenches Steloy’s position as the leading provider of specialised railways castings, including cannon boxes, U-tubes, axle boxes, horn frames and other components which form a crucial part in the manufacture of rolling stock, especially in bogies, and motor components for coaches, wagons and locomotives.
Excerpt from the article: South Africa urgently needs to replace its ageing freight and passenger rail fleets. The decision to forge ahead with these replacement programmes opens up immense opportunities for local manufacturing.
“It is imperative that our companies seize this absolutely unique opportunity so we can reduce our dependence on imports. If we do this, we can create thousands of new jobs.” – Danie Slabbert, CEO Steloy Castings
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