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21 Feb
15:17

ArcelorMittal South Africa concludes flats pricing mechanism

ArcelorMittal South Africa (AMSA) has finalised its flat product pricing agreement with the government. The ‘Fair Pricing Principles’ stipulate prices for flats will be based on an import weighted basket price. Quarterly monitoring of the import weighted basket, and compliance with the pricing mechanism for flats will be the responsibility of the steel task team comprising of government, and the primary and downstream industry. This will be done unde…
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