Daily Investor - Money Talk
Автор: Naacam SA
Загружено: 2025-02-14
Просмотров: 25
Описание: Renai Moothilal discusses the planned exit of South Africa’s only long steel supplier, ArcelorMittal. The discussion centred on the most significant topics impacting the automotive components subsector. Renai noted the long-term harm the closure of ArcelorMittal South Africa’s (AMSA’s) long steel division could cause for auto sector localisation ambitions and the positioning of SA as a significant value-adding automotive production destination. As a comparison, countries like China, India, and Japan have the highest number of steel blast furnaces globally, and this has undoubtedly supported the export dominance of vehicles produced in these countries.
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