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18 Apr
08:49

South African Competition Commission launches steel industry inquiry

The South African Competition Commission has published the draft terms of reference to establish a new market inquiry into the South African steel industry, Kallanish notes. The country's crude steel production in 2014 was ranked 19th on a global scale; however, in 2021, it was ranked 32nd with an output of 5 million tonnes/year. "This indicates that South Africa’s competitiveness in the production and supply of steel has been declining. The c…
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