The Competition Commission has published draft terms of reference for the steel industry inquiry, saying it has reason to believe that certain of the sector’s market features impede, distort or restrict competition.
The beleaguered steelmaking industry, linked directly with iron ore mining and the scrap metals sector, is a key strategic industry for SA generating 1.5% of GDP and accounting for 190,000 jobs...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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