12
Oct
12:27
Seifsa sees no turning point for 'worsening' South Africa metals sector
No turning point is in sight for South Africa’s “worsening” metals and engineering sector after August production fell -8% on-year, says the Steel and Engineering Industries Federation of Southern Africa (Seifsa).
Production data for the first eight months of the year showed a -1.4% on-year decline, while output in the 12-month period through August decreased -1.8%.
Although the Bureau for Economic Research (BER)’s third-quarter m…
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Anonymous
Very good overview of the weekly steel market.
Anonymous