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ArcelorMittal South Africa COO Johan Fourie
Picture by: Duane Daws
ArcelorMittal South Africa COO Johan Fourie

STEEL AND POWER

ArcelorMittal SA mulls 200-MW of power potential across its mills

By: Terence Creamer
Published: 29th July 2010, 15:55
South African steel producer ArcelorMittal South Africa (AMSA) is considering a range of power generation opportunities across its operations, which could collectively produce up to 200 MW of electricity. The company currently has the capacity to produce 80 MW and requires some 650 MW to produce at its yearly nameplate capacity of eight-million tons Full Article
 

INVESTMENT CLIMATE

SA fares well against peers in investment climate study – Davies

South Africa had an opportunity to further improve its business environment, as perceptions towards the country were changing in its favour, Trade and... Full Article
Video Available

EDUCATION AND SKILLS

South Africa should promote entrepreneurship to grow economy

South Africa’s economy was falling further and further behind the rest of the continent owing to deficiencies in the education system and its skills... Full Article
Video Available

SOLAR WATER HEATING

DoE moves to assess SWH appetite ahead of big roll-out

The Department of Energy (DoE) has launched its ‘market sounding exercise' to assess the solar water heating (SWH) appetite in various geographical areas... Full Article

AUTO INDUSTRY

Renault sales up 91% in 2010, six new models to come to SA

Renault South Africa (SA) will launch six new models between now and the end of the year as its comeback continues to gain traction. Local Renault sales... Full Article

COMPETITION ENFORCEMENT

Eight air-cargo carriers fingered for long-running collusion

South Africa's Competition Commission confirmed on Thursday that it had referred eight air-cargo carriers to the Competition Tribunal for alleged... Full Article

GREEN BUILDING

Green building convention to have strong maintenance focus

The 2010 Green Building Council of South Africa (GBCSA) convention would have a strong focus on facilities management and property management, said... Full Article

INDUSTRIAL ACTION

Government workers strike, threaten mass action

Thousands of South African public service workers seeking higher wages walked off the job on Thursday, with union leaders saying the strike could set... Full Article

INDUSTRIAL ACTION

Numsa warns of possible auto industry strike next week

Some South African auto workers could down tools as early as next week to push for higher wages, a union official said on Thursday. "We could well give... Full Article

Latest Videos

Videos
PEMA chairperson Peter Viljoen discussing the state of the industry and the importance of aligning the association with the new pressure equipment regulations.
PEMA chairperson...
GIBS China-Africa Network director Dr Martyn Davies discusses South Africa's first and second economies (Videographer: Nicholas Boyd; Editing: Darlene Creamer)
GIBS China-Africa...
Trade and Industry Minister Dr Rob Davies discusses challenges facing South Africa's economy (Videographer: Nicholas Boyd; Editing: Darlene Creamer)
Trade and Industry...
 
 
 
The pressure equipment industry has stepped up to meet international accreditation... Full Article
South Africa’s economy was falling further and further behind the rest of the... Full Article
South Africa had an opportunity to further improve its business environment, as... Full Article
 

Real Economy Report

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Our top stories this week: we take a look at Africa's first ‘green-city' precinct; we report on recent OECD warnings about South Africa's youth... More
Podcast
 
 

Second Take

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We speak about steelmaker ArcelorMittal South Africa's dispute with miner Kumba Iron Ore. More
Podcast
 
 

Video of the Week

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We speak about the exploration flurry for shale gas in the Karoo Basin. More
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SAfm Show

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Canadian government has undertaken to provide R140-million for the establishment of five African maths and science hubs; Africa needs huge dollops... More
Podcast
 
 
 
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Real Economy Report

Video
Real Economy...
Multimedia Available29 Jul 10

Real Economy Report

Our top stories this week: we take a look at Africa's first ‘green-city' precinct; we report on recent OECD warnings about South Africa's youth unemployment crisis; and we look at some of Africa's infrastructure needs.
Video
Real Economy...
Multimedia Available22 Jul 10

Real Economy Report

Our top stories this week: a new crime-fighting system is launched in South Africa; we take a ride in a 370-horsepower electric sports car and discuss the future of eMobility with engineering group Siemens; and the artisan shortage crisis slowly starts to improve.
Video
Real Economy...
Multimedia Available15 Jul 10

Real Economy Report

Our top stories this week: electronics manufacturer Sony is preparing to launch its 3D television into private homes; while Europe flounders, Africa booms; and Southern Africa establishes a regional energy efficiency centre.
Video
Real Economy...
Multimedia Available08 Jul 10

Real Economy Report

Our top stories this week: Tom Albanese believes that Rio Tinto is under-invested in Africa; new biofuels technology to benefit agricultural sector; and the South African government, labour unions and business have come together to build a better mining industry.
Video
Real Economy...
Multimedia Available01 Jul 10

Real Economy Report

Our top stories this week: ArcelorMittal South Africa commits itself to cleaning up its operations; the laser celebrates its 50th anniversary this year; and Steinmuller engineering services demonstrates its explosive welding technology.
 

Videoclips

Video
PEMA chairperson...
Multimedia Available30 Jul 10

Pressure equipment industry steps up to meet local and global standards

The pressure equipment industry has stepped up to meet international accreditation demands to ensure compliance with both domestic and global standards, and is on a par with, or in some areas ahead of, its international counterparts, reports Pressure Equipment Manufacturers Association (PEMA) chairperson Peter Viljoen.
Video
GIBS China-Africa...
Multimedia Available29 Jul 10

South Africa should promote entrepreneurship to grow economy

South Africa’s economy was falling further and further behind the rest of the continent owing to deficiencies in the education system and its skills development efforts, which was, in turn, eroding the country’s competitive ability, Econometrix chief economist Azar Jammine said on Thursday. Jammine pointed out during a discussion on the World Bank’s ‘Second Investment Climate Assessment' report, that South Africa’s economy has been following the trends of the world economy, but that it had not followed the rest of the African countries’ economic growth trends.
Video
Trade and Industry...
Multimedia Available29 Jul 10

SA fares well against peers in investment climate study – Davies

South Africa had an opportunity to further improve its business environment, as perceptions towards the country were changing in its favour, Trade and Industry Minister Dr Rob Davies said on Thursday. Speaking at the launch of the World Bank's ‘Second Investment Climate Assessment', the Minister highlighted that South Africa's business environment had fared well against those of countries in its peer group.
Video
AECI CEO Graham...
Multimedia Available28 Jul 10

AECI in mood to harvest recent investments worth R2bn

South African chemicals and explosives group AECI reported a near doubling of interim profits to R484-million for the six months to June 30, 2010, and reported a 127% rise in headline earnings to 238 c/share when compared with the corresponding period in 2009. Revenue from continuing operations rose 3% to R5,4-billion during the period and a cash dividend of 70 c/share was declared.
Video
ArcelorMittal SA...
Multimedia Available28 Jul 10

ArcelorMittal SA scraps surcharge, but higher ore prices to be reflected in new all-in price

Africa's largest steelmaker ArcelorMittal South Africa (AMSA), which is embroiled in a bitter dispute with Kumba Iron Ore (KIO) over iron-ore supply and prices, reported on Wednesday that it would, from August 1, suspend a controversial iron-ore surcharge and begin charging a "single all-in price", reflecting the higher cost of iron-ore as agreed in an interim price agreement with KIO last week. However, the company's new chief marketing officer Sunil Kumar indicated that, even under the new formula, domestic selling prices would decline by an average of 3% as from August 1, 2010, when compared with July prices, which were set against a base selling price, but also included the surcharge.
 

Company Profiles

 

Video of the Week

Video
poden_09062010
Multimedia Available09 Jun 10

Weekly podcast – June 9, 2010

The global steel industry has returned to a solid growth footing in 2010; the RMB/BER Business Confidence index fell by seven points to a level of 36 in the second quarter; and Exxaro plans to develop clean energy power projects with a total capacity of 350 MW.
Video
poden_02062010
Multimedia Available02 Jun 10

Weekly podcast – June 2, 2010

The new east-to-north directional flyover at the Gillooly's interchange is opened to traffic; Eskom's discussions with Anglo American regarding a price agreement for the Skorpion zinc mine are "progressing well"; and the CrossPolo becomes the second model of the refreshed Polo series to be introduced locally.
Video
poden_26052010
Multimedia Available26 May 10

Weekly podcast – May 26, 2010

Gautrain announces costs to use the Gautrain first-phase service; Eskom is granted an urgent court interdict to prevent union members from striking from May 26 onwards; and transport workers call for possible sympathy stoppages.
Video
poden_19052010
Multimedia Available19 May 10

Weekly podcast – May 19, 2010

SA transport unions reach a proposed wage deal with Transnet; South Africa could sell its stake in ArcelorMittal's South Arica unit if competition authorities find the company raised steel prices without good reason; and 300 000 jobs could be created in South Africa's renewable energy sector over the next ten years.
Video
Engineering News...
Multimedia Available04 May 10

Kumba considers terminating supply to ArcelorMittal SA, as iron-ore dispute heats up

South African iron-ore miner Kumba Iron Ore (KIO) on Tuesday effectively moved its ongoing dispute with ArcelorMittal South Africa (AMSA) from the realm of a pure dispute over pricing, into one that could now also affect supply, indicating to Engineering News Online that it could as "a last resort" terminate supply to Africa's largest steel producer. In a note to shareholders, the JSE-listed miner said that, unless there was urgent resolution on an interim pricing and payment mechanism, the basis upon which it would continue to supply iron-ore the steel producer could be affected.
 

SAfm Show

Video
podsafm_23072010
Multimedia Available23 Jul 10

23/07/2010 (On-The-Air)

Canadian government has undertaken to provide R140-million for the establishment of five African maths and science hubs; Africa needs huge dollops of foreign investment to tackle its massive infrastructure backlog and South Africa is due to publish its wind atlas and also its carbon-capture atlas.
Video
podsafm_16072010
Multimedia Available16 Jul 10

19/06/2010 (On-The-Air)

Gold has emerged from beneath the skirt of the forgotten old Agnes mine in Mpumalanga; Rio Tinto is planning a massive new iron-ore mine in West Africa and Africa is the region that is growing fastest out of the global recession.
Video
podsafm_09072010
Multimedia Available09 Jul 10

09/07/2010 (On-The-Air)

South Africa and Brazil have agreed to build a new air-to-air defence missile together; A cloud is hanging over South Africa's obligation to migrate from analogue to digital TV broadcasting and South Africa's State-owned Industrial Development Corporation is embroiled in a mining controversy in the Democratic Republic of Congo.
Video
podsafm_02072010
Multimedia Available02 Jul 10

02/07/2010 (On-The-Air)

Government, labour and business have clinched an historic mining-industry accord that other sectors should follow; As the sun sets on the FIFA World Cup, are the host cities ready to sweat their new multi-billion-rand sporting assets and The black-controlled Exxaro coal-mining company is preparing to ‘wheel' electricity from four non-Eskom power stations.
Video
podsafm_25062010
Multimedia Available25 Jun 10

25/06/2010 (On-The-Air)

Eskom and Transnet have massively underspent their investment targets; Transnet is trying to breathe new life into South Africa's under-used branch lines with private sector help and Transnet says that it is determined to move coal into a growth trend after years of missed opportunity.
 
 
 
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Preparing the way for the Square Kilometre Array international radio telescope

The design of and preparations for the €1,5-billion international Square Kilometre Array (SKA) project are being driven out of a suite of offices in the University of Manchester in England. Full Article

News this Week

SA has shaved 2 372 MW off the evening peak since 2003

Since its inception in 2003, Eskom’s Energy Efficiency and Demand Side Management (DSM)... Full Article

Aeronautical engineers’ dream flying machine unveiled

European jetliner manufacturer Airbus revealed its latest concept plane design at the Farnborough... Full Article

Canada pledges R140m to help develop African mathematical sciences hubs

The Canadian government has pledged support of more than R140-million towards the establishment... Full Article
 

Features

Business Leader

Andre Visser
Andre Visser
Position: MD of Fabrinox Main Activity of the Company: Fabrinox is a sheet metal fabricator offer... Full Article
 
 

Editorial Insight

Shifting emphasis
The South African government made a concerted, albeit belated, bid last week to shift the emphasis in the ongoing dispute... Full Article
Terence Creamer

Editorial & Opinion

Currency volatility and overvaluation in the spotlight
Greater policy effort to avoid currency overvaluation in South Africa “is warranted”, a newly... Full Article
 
SLIM PICKINGS: A Kenyan woman searches for discarded wheat left by the combine harvester as it works in a field in the Rift Valley near Narok, Kenya, in early July. Three years of inadequate rainfall in Kenya triggered the country's worst drought in more than a decade, resulting in the introduction of scheduled water rationing from May last year. (Photographer: Trevor Snapp/Bloomberg News)

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South Africa is faced with economic policy decisions over the... Full Article
 
 
I might not believe in global warming, but I do believe in... Full Article
 
 
 
The Integrated Resource Plan 2010 (IRP2010) consultation... Full Article
 
 
 
By the time this article is published, the fate of Bafana... Full Article
 
 
Complex shaped components in aircraft engines can be produced... Full Article
 
 
 
Bridges, aircraft and wind turbines are in constant movement.... Full Article
 
 
The International Trade Administration Commission of South... Full Article
 
 
When considering the vast opportunities for renewable-energy... Full Article
 
 
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