Market News

IDC looking to establish manufacturing plant in Africa
IDC looking to establish manufacturing plant in Africa
18 December 2014

 The Industrial Development Corporation (IDC) has issued a call for proposals to conduct a prefeasibility study (PFS) on the establishment of a soda ash, or sodium carbonate, manufacturing plant in South Africa.   The IDC said soda ash was used in a number of manufacturing processes and, . . .

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Indian trade mission to Africa to generate millions
Indian trade mission to Africa to generate millions
18 December 2014

 The Federation of Gujarat Industries (FGI) hopes that its current, nine day, trade mission to South Africa will, on its own, generate at least $10-million in bilateral trade. So stated FGI senior VP and mission head Janak Seth at a trade briefing in Sandton (north Johannesburg) on Thursday. Gu . . .

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Increasing enthusiasm in the African Steel industry
Increasing enthusiasm in the African Steel industry
18 December 2014

 There is a growing willingness from industry to accept different stainless steel materials, particularly duplex stainless steels, Southern Africa Stainless Steel Development Association Fabricator Sector chairperson Gary Crawford tells Engineering News.   He says that, for example, 2304 . . .

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Public private tooling partnership yielding results for african manufacturing
Public private tooling partnership yielding results for african manufacturing
17 December 2014

 The Intsimbi National Tooling Initiative continues to partner with the Department of Trade and Industry (DTI) and the Toolmaking Association of South Africa to provide workplace learning for students that wish to pursue a career in the manufacturing industry. To date, over a period of four yea . . .

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China sparks Investment  in African steel industry
China sparks Investment in African steel industry
17 December 2014

 Growth in the steel industry worldwide has stabilised following substantial fluctuations during the recession, but a fair amount of uncertainty remains, particularly as a result of structural change in the Chinese economy, according to WorldSteel Association director-general Edwin Basson. The . . .

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