STEEL INDUSTRY: The effect of the toxic combination of IMPORT DUTIES and AMSA's INABILITY TO SUPPLY

The effect of the toxic combination of

IMPORT DUTIES

and

AMSA’s INABILITY TO SUPPLY

More business responses

• We paid up to 30% more for steel because of shortages.

• I have to wait about 2 to 4 weeks for tube and sheet and the cost now has gone up by 30 % and some tube I cannot get.

• You can’t rob Peter to pay Paul (Government protect AMSA)

• Price increases have caused the loss of several of our customers doing business with us.

• We have a full order book but no raw material. Orders were placed in July already and are now being subjected to penalty clauses with our customers for non-performance.

• The shortages have impacted our businesses extremely negatively. We cannot buy steel anywhere!!!

• Our turnover in manufactured goods from clients for powder coating dropped by at least 50% in October.

• Flat steel plate in some sizes are not available. Regular price increases have been questioned by customers who are getting very frustrated!

How is AMSA’s inability to supply the market affecting your business?
(click here to share your experience)

Regards

We are all in this together.
Privileged and challenged to be South African.