LETTER: Cement industry is a victim of its own complacency
Producers did not invest during the good times so if they cannot compete they should not be protected
02 August 2019 - 05:02
Bryan Perrie of the Concrete Institute wrote of the need for “safeguard action” for the cement industry (“Cement imports are a concrete threat to embattled SA industry”, July 29). When considering the need for protection for an industry one needs to consider the history that has rendered that need for protection necessary.
For a period in the 1990s the SA cement industry could not keep up with demand and applied quotas on their customers. They also employed a cartel system, dividing customers between suppliers and keeping prices artificially high...
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.