Highveld Steel and Vanadium might double steel slab imports this year because its own plants could not produce enough to meet rising local demand, chief executive André de Nysschen said this week.
The company, which imported 15 000 tons slab last year, may import between 15 000 and 30 000 tons of steel slab this year. .
South African steel sales rose 26 percent to a record 5.34 million tons last year as government investment in roads, ports and railways helped spur the construction industry. - Bloomberg