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Industry News

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Despite headwinds, global steel demand continues to grow

Global steel demand will grow by 3.9% to 1.78-million tonnes this year and by 1.7% to 1.81-million tonnes in 2020, the World Steel Association (worldsteel) estimates in its latest Short Range Outlook (SRO). “The current SRO suggests that global steel demand will continue to grow this year, more than we expected in these challenging times, […]

Redefine to start search for new COO

JSE-listed Redefine Properties’ COO David Rice will retire on August 31, 2020, after more than a decade of service. Rice has been responsible for helping drive leasing and asset improvement goals for the company and has over 30 years’ experience in the property sector, the real estate investment trust said on Monday. Powered by WPeMatico

Construction begins on Ekhaya Mall in Mpumalanga

Construction has started on the new R216-million Ekhaya Mall, in Embalenhle, Mpumalanga. The R172-million Phase 1 development, including Cashbuild and a Sasol filling station, is expected to bring shopping convenience to the community of Embalenhle, Secunda, in the coalfields of Mpumalanga, when it opens in the fourth quarter of 2020. Powered by WPeMatico

2019 Steel Awards showcases greater diversity

The South African Institute of Steel Construction (Saisc) Steel Awards attracted not only a record number of entries and sponsors this year, but also greater diversity, CEO Paolo Trinchero says. He points out that this year’s entries encompass a wider range of stakeholders in the greater built environment, from architects and engineers to riggers, welders […]

Supplier aims to meet demands through tech

Owing to lower commodity prices and higher input costs, construction equipment supplier Hitachi Construction Machinery Africa’s diverse business units have enabled it to adapt to the huge shift by the construction and mining industry to assist customers. This was achieved by reducing operating costs, in order to increase profits. “. . .  combining the resources […]

Company provides multiple new solutions

As part of its continuous drive to improve on its solutions offerings, diversified construction materials company AfriSam is developing multiple new solutions to provide more environment-friendly and cost-effective products for clients. Cost effectiveness is particularly important, considering that the South African construction industry remains under pressure and is in a state of accelerated decline. Powered […]