Membership Update

The world is pivoting on an axis of uncertainty right now as many countries, including our own, grapple with the realities of the worst economic meltdown since the Great Depression.

Within that context, the South African stainless steel sector is at a crossroads as it faces large scale retrenchments and in certain dire cases complete closure. As a 56 year old association, Sassda is highly aware of these challenges but remains steadfast in its belief that the collective power of a united industry body must prevail and sustain the industry during this difficult time.

The Sassda Board has therefore decided to offer members an immediate 33.3% discount on membership fees for 2020/21. Sassda hopes that this will allow your organisation enough financial relief to remain a member with continued access to the quantifiable added value we are proud to offer your business.

The table below gives a broad overview of the new membership tiers. There are two main categories of membership: Precious Metals; the suppliers of primary stainless steel products into the market and Precious Stones; the converters of primary product to finished products as well as non-stainless steel suppliers into the industry. The sub-categories in the case of the Precious Metals Members is determined by whether a member is
a local mill or distributor and whether the distributor is regional or national. The sub-categories of the Precious Stone Members are determined by the total number of employees involved with the stainless steel side of the business.

Except for the standard benefits, we will continue to lobby for government support, rapidly advance our worldclass digital training and assist our members with in-depth technical consultations and expertise.

We trust that these added-value offerings and the 33.3% membership fee discount, will see us retaining our core member base. This will allow our local industry to continue to benefit from the strength of our collective. It will also ensure that Sassda remains the ‘voice of the stainless steel industry’ in the market - something we have championed since 1964.

	CATEGORY		DESCRIPTION	ANNUAL  MEMBERSHIP	TANGIBLE  VALUE	INTRINSIC VALUE	TOTAL BENEFIT
		PLATINUM	Local mill	R1 500 000	R263 440	R27 960 593	R28 224 033
		RUTHENIUM	Foreign Flat & Long Primary Producers	R200 000	R95 085	R6 251 701	R6 346 786
		GOLD	National distributors	R200 000	R95 085	R6 251 701	R6 346 786
		SILVER	Multiregional distributors	R96 000	R51 835	R1 095 968	R1 147 803
		BRONZE	Regional distributors	R48 000	R40 285	R252 321	R292 606
		DIAMOND	>100 employees	R36 000	R35 635	R450 068	R485 703
		RUBY	41-100 employees	R24 000	R22 935	R323 429	R346 364
		SAPPHIRE	10-40 employees	R12 000	R17 285	R74 030	R91 315
		EMERALD	<10 employees	R6 000	R11 635	R27 441	R39 076
		AMETHYST	Retailers, End Users, Specifiers,Designers	R1 800	R7 240	R12 234	R19 474