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.