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Divisions
within the Institute
Two divisions,
Strategic Trade Development Division and Financial Division
carry out SAISI’s operations and any other task that
the Council or Committees may delegate to the Divisions from time to time.
The Strategic
Trade Development Division is responsible for statistics and information relating
to the local and international steel industry, matters related to dumping and the
monitoring and accessing of trade policy and tactics.
The Financial
Division is responsible for the administration of a financial export assistance
scheme to assist exporters of secondary or value-added steel products. This scheme,
operated by the Committee for Secondary Manufacture, is funded by the members of the
Institute and pays an incentive on the exports of secondary steel products manufactured
from South African primary steel products. The purpose of the fund is to promote the
development of the secondary steel processing industry in South Africa by means of various
financial assistance programmes. This is done to create an expanding market for locally
produced primary steel products, to enhance South Africa’s foreign currency earnings
in general and the secondary steel industry’s export potential in particular.
The Financial
Division also administers private funds of the primary steel producers to fund
part of the budgets of the South African Institute of Steel Construction, the South
African Institute of Welding and the total budget for the Professional Education and
Training Scheme (PETS) for engineers and draughtsmen.
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