Monday, May 28, 2007

S.African stainless steel demand up 29 pct in 2006

(Reuters) - Stainless steel demand in South Africa jumped by 29 percent last year, fuelled by the transport sector, and more growth was expected in 2007, an industry group said.

"The growth outlook for the local market remained positive, driven by strong demand and project activity within South Africa and the region," said a statement by the Southern Africa Stainless Steel Development Association.


Read more at Reuters Africa

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