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08 Feb
11:06

South Africa electricity tariff hike seen hampering steel recovery

The National Electricity Regulator of South Africa (Nersa)’s approval of further tariff increases would be a critical setback for the metals and engineering sector’s competitiveness, according to the Steel and Engineering Industries Federation of Southern Africa (Seifsa). South African power provider Eskom applied for the tariff increases. “Seifsa is not in favour of any increases,” says federation chief economist Henk Langenhoven. &ldquo…
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