23
Aug
16:35
Southern Africa steel wage deal averts industrial action
The Steel and Engineering Industries Federation of Southern Africa (Seifsa) says a new wage deal will bring much-needed stability in the metals and engineering sector.
The 2017-2020 metals and engineering sector settlement agreement was signed this week in Johannesburg between Seifsa and five trade union organisations. It will see wages in the sector increase by 7% in the current year, 6.75% in the second year and 6.5% in the third year. It is the first time in …
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Very good overview of the weekly steel market.
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