21.06.2016 - Scrap metal shortage adds to steel sector woes
Steel producer Scaw Metals has called for swift action to address the shortage of scrap metal, which recently brought its operations to a standstill in South Africa. “We are strong advocates for trying to introduce a Price Preference System that works or overall some type of tariff on scrap [exports] or an outright ban on scrap [exports]…It will not only benefit us, Scaw Metals, it will actually benefit the industry at large…it will also benefit some of our competitors…and benefit the foundry industry at large,” said Scaw CEO Markus Hannemann...............................................Full Article: Source
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