(Industrial Times) The World Steel Association (Worldsteel) says that Africa produced 1.9 million metric tons of crude steel in August 2024, out of the global 144.8 million metric tons. In Africa, Algeria, Egypt, Libya, Morocco, South Africa and Tunisia are the top steel-producing countries. The Association in its latest Crude steel production chart by region, also…
The Manufacturers Association of Nigeria (MAN) has enjoined the Central Bank of Nigeria to focus on promoting domestic production and economic recovery by allowing time for previous rate increases to take effect before implementing further hikes. MAN made the call in reaction to the September increase in the Monetary Policy Rate (MPR) by 50 basis…
The National Sugar Development Council (NSDC) has commenced talks with the Abuja Chamber of Commerce and Industry (ACCI) for potential collaborations aimed at mobilising about $5 billion to drive investments in the sugar subsector. The proposed agreement followed the visit of ACCI President, Mr. Emeka Obegolu, to the Executive Secretary of NSDC, Mr. Kamar Bakrin,…
The Newly elected President of Nigeria Employers Consultative Association (NECA), Ifeanyi Okoye,has given insight into challenges facing the manufacturing sector leading to the closure of some companies and exit of some multinational companies from Nigeria.The Vanguard Newspaper reported that Okoye said: “There are a lot of issues that are bothering manufacturers in this country.He said: “One…
Today, UNIDO says that it has helped over 400 enterprises around the world to convert their industrial production lines to climate-friendly options and supports the member states with its technical expertise and best practices from its projects. UNIDO Director- General Gerd Müller, disclosed this in a statement to mark the 2024 World Ozone Day. The theme for this year’s…
Image credit: ISS / NASA Steel entered the space age on 30 May 2024 when a 3D steel printer printed its first steel component on the International Space Station. Just a few weeks ago, at the end of May 2024, a 3D metal printer on the European Space Agency’s (ESA) Columbus Laboratory module on the…
▪︎Images: Wikicommons In the realm of workplace safety, steel toecaps are a fundamental element of protective footwear that have been a cornerstone of occupational health for over nearly 100 years. Originally invented in Germany in the early 20th century to protect workers’ feet, steel toecaps slowly reached wider adoption until a rapid increase across the…
The Global Initiative for Industrial Safety (GIFIS) has launched a first-of-its-kind Manifesto for Global Industrial Safety through technology adoption. The International Labour Organization (ILO) reported that annually, about three million industrial workers die globally as a result of occupational accidents. The GIFIS Manifesto was developed in collaboration with the United Nations Industrial Development Organization (UNIDO), Lloyd’s Register Foundation, the Global Manufacturing and Industrialization Summit (GMIS), and…
The Manufacturers Association of Nigeria (MAN)has called on the Federal Government government to put in place a phased implementation policy for the proposed single-use plastics ban. This is to allow the operators in the sector sufficient time to adapt and mitigate disruptions that will arise from the ban. MAN, in a position statement on Tuesday, …
▪︎ Jakarta, on Java Island Indonesia is moving its capital city to a different part of the country and steel makers in the country are expected to supply 9.5 million tons of steel to develop the new city, Nusantara. Checks by Industrialtimesngr.com, shows that following a recent discovery by the Indonesia’s government that parts of…
