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marketplace africa south africa steel industry spc a_00003205
marketplace africa south africa steel industry spc a_00003205

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    South Africa's steel industry under pressure

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South Africa's steel industry under pressure

Across South Africa, 75 steel companies have cut their capacities, with 7,000 jobs lost since 2015. According to those in the industry, this is due in part to the global glut in steel and also cheaper Chinese imports.

South Africa's steel industry under pressure

Across South Africa, 75 steel companies have cut their capacities, with 7,000 jobs lost since 2015. According to those in the industry, this is due in part to the global glut in steel and also cheaper Chinese imports.