ArcelorMittal grim on steel sector's future

ArcelorMittal grim on steel sector's future
© laurentiu_iordache – [[www.123rf.com 123RF.com]]</span>ArcelorMittal SA CEO Wim De Klerk says if the country’s biggest steel maker does not get safeguard protection from the government – in addition to 10% basic tariff protection – from a flood of mainly cheaper Chinese imported steel, the South African steel industry is likely to become extinct.
Read more… | Send to a friend

Source: Building & Construction news S.A