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Can South Africa survive without Amsa? | SA News

Last month, ArcelorMittal SA (Amsa) applied for a 51% duty on certain flat-rolled steel products imported from China. This comes on top of the 10% duty already in place, meaning importers may soon pay a 61% premium for products from China.

Should government grant this increase, the costs will be borne across the economy – from mining to construction and downstream beneficiation.

Read/listen:
ArcelorMittal M&A head holds talks in South Africa over unit sale
What the October PMI data tells us about the economy
ArcelorMittal, IDC end exclusive talks with no deal
Interim smelter plan to cost government R5.2bn

Amsa’s…

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  2. Elon Musk was born in South Africa, and made an electric car. What if he had been born in Madagascar?

    He would have made a gas car