22
Mar
00:00
Executives suspension seen further hurting steel sector power provider Eskom
The decision earlier this month by Eskom to suspend four senior executives may affect operations at the South African power provider, according to credit rating agency Fitch. Local steel sources have in recent months said power outages resulting from Eskom load-shedding activity are hampering South African steel industry growth.
Eskom’s board has launched an independent enquiry to address the current operational challenges being faced by the firm. It w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous