09
Sep
11:07
Fixed investment seen needed to stimulate SA steel
South Africa’s economy and manufacturing activity grew in the second quarter. Fixed capital investment however – which declined – is required to stimulate metals and engineering growth, according to the Steel and Engineering Industries Federation of Southern Africa (Seifsa).
South Africa’s economy and manufacturing activity rose 3.3% and 8.1% respectively on-year in Q2. Despite this, spending on gross fixed capital formation fell -4.6% an…
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Anonymous
Very good overview of the weekly steel market.
Anonymous