02
Mar
10:32
South Africa metals sector bemoans electricity price hike
The National Energy Regulator (Nersa)’s approval of state-owned power provider Eskom’s request for an additional 9.4% electricity tariff hike is an “… unfortunate setback” that will delay the metals and engineering sector’s recovery. So says the Steel and Engineering Industries Federation of Southern Africa (Seifsa).
Seifsa Chief Economist Henk Langenhoven says the move will have a “… crippling effect” on t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous