I trust the dramatic move to promote local production, as described by Peter Bruce in his recent column, has been given a bit more thought than the quaint rules about what could be purchased during the total lockdown (“Get set to steel ourselves for more pain (https://www.businesslive.co.za/bd/opinion/columnists/2020-09-30-peter-bruce-get-set-to-steel-ourselves-for-more-pain/)”, September 30).
Stopping the export of scrap steel, for example, and imposing swingeing duties on imported steel products won’t necessarily assist in promoting local jobs. In fact, it may achieve the opposite. It all depends if a particular steel profile or grade is available locally at competitive prices...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.