http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.55Change: 0.02
R/$ = 12.26Change: -0.01
Au 1168.63 $/ozChange: -3.13
Pt 1083.00 $/ozChange: -5.50
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Jun 09, 2010

Weekly podcast – June 9, 2010

Back
poden_09062010
 
 
 
Africa|Botswana|CoAL|Eskom|Gautrain|Industrial|Mining|PROJECT|Projects|SEW Eurodrive|SEW-Eurodrive|transport|Waste|Africa|Gautrain|Energy|Steel|Gautrain|Gautrain|Infrastructure|Iron Ore|Iron-ore|Power|Waste
Africa|Botswana|CoAL|Eskom|Gautrain|Industrial|Mining|PROJECT|Projects|SEW Eurodrive|SEW-Eurodrive|transport|Waste|Africa|Gautrain|Energy|Steel|Gautrain|Gautrain|Infrastructure|Iron Ore|Iron-ore|Power|Waste
africa-company|botswana|coal|eskom|gautrain-company|industrial|mining|project|projects|sew-eurodrive|seweurodrive-company|transport|waste-company|africa|gautrain-facility|energy|steel|gautrain-organization|gautrain|infrastructure|iron-ore|iron-ore-person|power|waste
© Reuse this



This podcast is brought to you by SEW Eurodrive - Leaders in the field of drive technology.

Wednesday, June 9, 2010.

From Creamer Media in Johannesburg, I'm Eleanor Seggie.

Making headlines this week:

The global steel industry has returned to a solid growth footing in 2010, following the sharp contractions of 2008 and 2009. But the rising cost of key inputs, such as iron-ore and coal, have been outpacing the more modest recovery in steel prices. A new report by KPMG International's Global Metals Practice says that this is placing pressure on profit margins.

Steel prices have seen a gradual turnaround since the middle of 2009, when the World Steel Association's global composite steel price was recorded at below 600-dollars a ton.

Prices, which had increased to well above 600-rand a ton by February 2010, are also expected to continue to rise.

In the context of a recovering global economy, increased demand and a more productive steel industry, KPMG believes that merger and acquisition activity will also increase.


The RMB/BER Business Confidence index, or BCI, fell by seven points to a level of 36 in the second quarter, having surged to 43 points during the first quarter of 2010. However, the compilers stressed that it would be wrong to interpret the decline in confidence as indicative of a prospective slump in real output, despite the fact that the recovery wasn't yet deeply grounded.

They acknowledged, however, that South Africa's economic growth, which accelerated by 4,6% during the first quarter of 2010, was unlikely to be sustained at that rate on an annualised basis.

The fall follows the publication of a 2,2 point decline in the May BCI released by the South African Chamber of Commerce and Industry on June 3, in which respondents indicated that the outlook had been tainted by recent industrial-relations activity.


South African diversified miner Exxaro says that it plans to develop clean energy power projects with total capacity of 350 MW with the first project expected to come on stream in mid-2012.

Exxaro manager for energy growth Thomas Garner said the capacity for the projects, which are expected to use solar, wind, gas and clean coal to generate electricity, could rise once additional projects, including one it plans in Botswana, are developed.

Garner said Exxaro was also planning to develop two wind projects, one on the west coast and another one inland South Africa, which could bring an extra 200 MW.

Garner said Exxaro was in talks with mining companies, smelter owners and other industry players to tap their waste heat or gas to generate electricity as it seeks to become a major regional power producer.


Also making headlines:

Gautrain's first day delivers 96,7% punctuality and 11 000 passengers.
Greening initiatives are launched to offset World Cup carbon emissions.
South Africa is confident that its transport infrastructure will meet the World Cup needs.
And, Public Enterprises Minister Barbara Hogan had nothing to do with Jacob Maroga's sacking as CEO of Eskom.

That's a round up of news making headlines this week.

 

Edited by: Shannon de Ryhove
Creamer Media Senior Deputy Editor Polity & Multimedia
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Intellectual Property Law News
Pedestrian Door Solutions specialists, ASSA ABLOY Entrance Systems South Africa (Pty) Ltd., have supplied and installed a number of Besam entrance systems to medical facilities both in South Africa and outside the country’s borders that offer fast, convenient and...
Rubber-in-compression couplings, from Renold Hi-Tec, provide fail-safe operation on applications such as mine winders, hoists, draw-works on drilling rigs and industrial overhead cranes. The intrinsically fail-safe construction of the couplings protects both people...
More
 
 
Latest News
Speciality chemicals group Lanxess on Wednesday appointed its South African CFO Ben Marais as country representative and MD. Marais, a qualified South African chartered accountant, completed his articles with international accounting firm Deloitte. Over the years, he...
Economic Development Minister Ebrahim Patel
Some four years after the signing of the Local Procurement Accord, which sketches government’s intention to achieve a 75% localisation spend in the procurement of goods and services, Economic Development Minister Ebrahim Patel has described government’s greatest...
National carrier South African Airways (SAA) and Air Mauritius have concluded an agreement that will see a broadening of their codeshare agreement to enhance greater connectivity between the continent, South Africa, Mauritius and other intercontinental routes. “The...
More
 
 
Recent Research Reports
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Construction 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Electricity 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Road and Rail 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
 
 
 
 
 
This Week's Magazine
JSE-listed Afrimat will make a cash offer to acquire the entire remaining issued share capital of subsidiary Infrasors that it does not already own.
TEAMWORK Aggreko Europe, Middle East & Africa MD David Taylor-Smith; Aggreko Zambia chairperson Dr. Sixtus Mulenga; Aggreko Africa MD James Shepherd
Temporary power generation services provider Aggreko announced earlier this month that it had appointed Dr Sixtus Mulenga as nonexecutive chairperson of Aggreko Zambia, a move it believed was integral to the ongoing expansion of its operations in Zambia and the rest...
Major global aircraft manufacturer Airbus Commercial Aircraft is maintaining a steady course. "I don't have any big news, good or bad," company President and CEO Fabrice Brégier told international aviation journalists in Toulouse, France, at the company’s recent...
MEASURING DEVICES Bosch has released a mobile app that enables the measurements made with measuring devices to be sent and used directly on the app for accuracy and on-site quoting
Industrial tool manufacturer Bosch has increased the compatibility of many batteries in its range of blue industrial power tools and has released mobile-device applications (apps) for users of the tools, says Bosch South Africa training manager Peter du Bruyn. Many...
The new Nissan Navara has been launched onto the global market, but Nissan South Africa (NSA) will only know in August whether the local Rosslyn plant will assemble the one-ton pickup. The NSA plant currently produces the old NP300 Hardbody one-ton bakkie, as well as...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96