Coronavirus – South Africa: Government commences urgent investigation into the supply of scrap to the ...
(WorldNews Environment)

Download logo The Minister of Trade, Industry and Competition (the dtic), Mr Ebrahim Patel, has today issued a trade policy directive to the International Trade Administration Commission of South Africa (ITAC) to urgently look into measures to help support the metals industry which, as a result of COVID-19, is facing several severe challenges due to increased global demand for raw materials and a significant price increase for all main inputs into the sector. The downturn in global manufacturing resulting from COVID-19, has led to the amount of scrap metal available locally and internationally being dramatically reduced and, as a result, prices have increased sharply. Local mini-mills and...