According to a report on the South African independent media website on April 23, the Western Cape Provincial Government has sent a letter to President Ramaphosa, suggesting that he should expresses concern about challenges that the Cape Town port facing with , and arranges emergency visits to assess what needs to be done to meet the challenges.
Western Cape Financial and Economic Opportunity Councillor David Menir stated that the move was due to President Ramaphosa’s recent visit to the Port of Durban and his pledge to ensure that the port’s efficiency and competitiveness will be improved.
In view of the widespread attention to the Port of Durban, the Port of Cape Town may be removed from the priority position in the overall strategy in the future, and there will be no infrastructure investment in the short term.
According to the report, the Port of Cape Town is currently facing multiple infrastructure challenges, mainly due to insufficient equipment maintenance and investment. In the fiscal year 2020 to 2021, there were about 5,064 equipment failure incidents at the Cape Town port. Most of the equipment failures were caused by the equipment having reached its mid-lifetime.
2021.07.26
The Ukrainian Iron and Steel Manufacturers Association has submitted a temporary ban on the export of scrap steel to the Prime Minister of the country, requesting it to consider banning the export of scrap steel from Ukraine before December 31, 2023 to ensure the stable development of the metallurgical industry and the country’s economy. The…
2021.07.23
According to statistics from the General Administration of Customs of Vietnam, the country exported 5.88 million tons of steel in the first half of the year, a year-on-year increase of 50.5%. Steel exports in June rose 4.3% year-on-year to 1.02 million tons. In the context of the recovery of domestic production and the growth of…
2021.06.15
The World Steel Association’s recently released “World Steel Statistics for 2021” shows that the global crude steel output in 2020 is 1.878 billion tons, an increase of 0.5% year-on-year, and the compound annual growth rate of crude steel output from 2015 to 2020 is 3.0%. From the perspective of steelmaking technology, in 2020, the global…
2021.06.15
China’s steel imports and exports in 2020: From January to December, the total export of steel products is 53.677 million tons, and the total import of steel products is 20.233 million tons. my country’s steel exports are far greater than steel imports. Among them, 16.085 million tons of plates were imported, an increase of 5.76…
