Posted on 15 May 2010
Local steel producers, to a large extent, held their own in 2009 despite of a number of them reporting down¬sizing and other survival measures. The severe downturn in the global economy was cushioned by the special circumstances regarding the construction of power stations and government’s low-cost housing and infrastructure spending.
Tags: Coface South Africa, electricity supply, Eskom, impact on industry, Steel
Posted on 25 March 2009
Sadly, anyone who thinks South African industry is immune from the effects of stock-market and finance sector turmoil around the world is mistaken. Even though astute government regulation effectively saved the SA banking sector from the ravages seen in the US and UK, the fact remains that our economy is largely driven by export industries [...]
Posted on 18 February 2009
ArcelorMittal South Africa and the Department of Education are proud to announce a partnership to build ten new schools throughout the country using new steel technology. The sod turning at the new primary school for the pupils and community of Mamelodi (in Tshwane) today is the first step in this programme.
Mamelodi Primary is scheduled for [...]
Tags: ArcelorMittal