It was reported that Southwire sold a second copper wirerod system to South Korean Taihan Electric Wire Co. Southwire will engage in the design of all the operating equipment for Taihan Electric, including the installation of its SCR 6000 system, which is capable of producing 260,000 tonnes of copper wirerod per annum at a rate of 40 tonnes per hour. The fist copper wirerod system was delivered to Taihan Electric in 1980. In total, Southwire has sold more than 80 continuous-cast SCR systems worldwide.
Taihan Electronic Wire Co., South Korea's second largest wire and cable maker, announced on 29th November that it had successfully secured a US$44M contract to supply and install power cables in Saudi Arabia. The deal, which will involve laying 13.4km of 380kv high voltage cable, will provide the power infrastructure connecting Jeddah's international airport to a substation in the northeast of the city. The latest deal adds to the company's strong overseas sales in 2012 which have totalled US$250M, a 20% increase on 2011.
We have to look into declaring copper as precious, or our economy will not be able to grow," said the Minister of Communications, Dr Ivy Matsepe-Casaburri, at the official opening of black-empowerment cable manufacturer Malesela Taihan Electrical Cable's new telecommunications cable manufacturing facility in Vereeniging.