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Trade, industry & competition minister Ebrahim Patel stated the obvious  in his budget speech  by saying that “SA’s import to GDP ratio is too high for a country that desperately needs more jobs”. He was also on point  in stating that “competitiveness and industrial agility are critical to longer-run localisation efforts”.

Well, actions speak louder than words.  Steel prices are being raised almost weekly by ArcelorMittal SA  to levels where, if the company isn’t profitable now, then it must lack the  industrial agility to ever succeed. Meanwhile, steel fabricators such as myself still have to pay an effective 18% duty on imported raw steel to protect AMSA, so we are still shedding jobs as we cannot compete against imported steel manufactures attracting minimal tariffs...

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