Business in SA is "marking time" as it awaits the outcome of the May 8 elections. For SA's steel construction industry, the hope is that the post-election dispensation will go a long way towards resolving the crisis in which the industry finds itself. The South African Institute of Steel Construction (SAISC) trusts that after the election, public-sector policymakers will see the contribution the steel value chain makes to SA's economy. Steel forms the foundation of any modern economy; and is essential to every single industry sector. From a broader pan-African perspective, without a healthy local steel industry, SA will not be able to integrate and develop itself or the rest of the continent. The steel sector - and SA - urgently needpolicies to instil confidence in the viability of the country to boost competitiveness and attract foreign direct investment. This will translate into projects that will stimulate the consumption of steel in all sectors. The steel industry crisis has bee...
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