The South African steel sector may not be shooting the lights out, but it is in its best position in at least a decade from a supply and potential demand perspective thanks to a confluence of global and local factors.

Demand for steel around the world is steadily improving as markets recover from lockdown restrictions, and the supply chain disruptions which resulted in shortages of the metal have supported prices and production.  SA’s planned multibillion-rand infrastructure rollout and other public projects have the potential to provide a significant boost to the industry’s fortunes in the next few years.  ..

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.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.