http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 12.92Change: 0.08
R/$ = 11.53Change: -0.09
Au 1209.95 $/ozChange: 0.60
Pt 1176.50 $/ozChange: -1.00
 
 
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
 
 
 
© 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
© 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...
Engineering, management and specialist technical services company Aurecon achieved a first in Tshwane in 2011 when its Lynnwood Bridge Office Park building, situated just off of the N1 highway, achieved a 4 star GreenStar SA – [Office Design v1, Office Design v1]...
More
 
 
Latest News
Updated 18 minutes ago Celebrated international designers are collaborating with South African crafters and designers at Africa’s international design fair, GUILD, in Cape Town. The fair, currently on at the Victoria and Alfred Waterfront, is considered a fillip for South African...
Updated 42 minutes ago In the marble atrium of the Mammy Yoko hotel in Freetown, manager Nuno Neves has spotted something he has not seen since the Ebola virus struck Sierra Leone nine months ago: foreign businessmen. The Radisson Blu chain opened the four-star hotel in April to cater for...
Updated 53 minutes ago The US and five East African countries pledged on Thursday to ease trade flows and set the stage for more US investment, a program that could be extended to other parts of Africa. The agreement commits Tanzania, Kenya, Uganda, Rwanda and Burundi to cooperate with the...
More
 
 
Recent Research Reports
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
 
 
 
 
 
This Week's Magazine
National flag carrier South African Airways (SAA) is in an advanced stage of renegotiating its deal with European airliner manufacturer Airbus to acquire A320 single-aisle (or narrow body) aircraft. The aim is to replace ten of the aircraft still on order with five...
Worldwide, the main thrust in the ports industry over the past decade or more has been to increase efficiency. Traditionally, ports have been run by engineers and mariners and, in the past, increasing a port’s capacity was achieved by expanding the harbour. “That has...
What do you do when an elephant has a toothache? You call Dr Gerhard Steenkamp from the University of Pretoria’s (UP’s) faculty of veterinary science, Onderstepoort, one of only two elephant ‘dentists’ in the world.
The 2015 Sanlam/Business Partners Entrepreneur of the Year (EOY) competition was launched earlier this month in Johannesburg, with the main focus on creating and inspiring entrepreneurs to create jobs and boost the economy.
In a recent letter to the editor that I sent to Engineering News (Concerns regarding South African portion of Square Kilometre Array) and in a follow-up article elaborating further (We must start preparations to build our own synchrotron light source), I stated my...
 
 
 
 
 
 
 
 
 
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