AMSA woes may see South African rebar prices strengthen

摘要

Low output from Arcelor Mittal South Africa (AMSA) and weakening exchange rates may pushup long product prices in South Africa by up to 10% over the coming months, a senior market source tells Steel Business Briefing. AMSA has declared force majeure on despatches fromits Newcastle works and may lose 400,000t of production, the company confirms.