JOHANNESBURG - Government is embarking on the largest ever review of steel tariffs.
WATCH: Labour Minister trying to find ways to avoid job losses
This comes as ArcelorMittal announced the closure of its long steel business, including its Newcastle and Vereeniging plants as well as its rail and structures operation.
But the question remains: what steps need to be taken in the steel industry, not just for large corporations like ArcelorMittal, but for downstream businesses as well?
The CEO of XA Global Trade Advisors, Donald Mackay discussed this with eNCA.