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Steel industry stakeholders demand urgent review of Preferential Price System changes...
26 Nov, 2025 09:06 85 min read
South African steel producers and recyclers are criticizing recent government amendments to scrap metal pricing rules, stating the minor changes perpetuate a policy that unfairly benefits a few mini-mills. Critics argue the system has suppressed prices, cost thousands of jobs at primary producers like ArcelorMittal, and harmed the broader industry's competitiveness. They are calling for the policy to be scrapped in favor of a comprehensive, market-aligned national strategy to revitalize the crucial steel sector.... More