Tag: Chinese imports
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Is South African Stainless Steel Industry Facing Heat of Increasing Imports from China?
The South African stainless steel industry is under pressure due to the influx of cheaper imports from China especially after the U.S. tariffs announcement in the month of Marβ18. The industry is also battling with domestic factors such as high labour costs and rising electricity costs as informed by Sassda (South African Stainless Steel Development…