06
Apr
13:52
Electricity hike seen hampering SA steel competitiveness, production
South African state-owned power provider Eskom’s proposed 35% tariff hike will invariably reduce the competitiveness and ability to export of South Africa’s metals and engineering (M&E) sector. So says the Steel and Engineering Industries Federation of Southern Africa (Seifsa).
Seifsa Chief Economist Michael Ade says Eskom is within its rights to apply for a tariff hike, but increased electricity costs would result in a slowdown in production and…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous