Trade union Solidarity on Tuesday launched a four-pronged initiative to address and mitigate the impacts of the global steel crisis on local steel producers in an attempt to save jobs and local manufacturing capacity. Solidarity deputy general secretary for metals engineering Marius Croucamp indicated that direct job losses of more than 7 500 were possible as a result of the US’s unilateral decision, under Section 232 of its Trade Expansion Act, to impose ad valorem duties of 25% on steel and 10% on aluminium products.

Source: Solidarity launches four-pronged steel industry initiative amid global steel crisis