Steel company’s optimism fuels technology investment appetite
Steel supplier and processing company Allied Steelrode’s optimism regarding long-term prospects for South Africa’s economy and steel industry has prompted it to continually invest in quality steel equipment. Such an investment was made through the buying of the BLM Adige LT20 jumbo tube laser in 2015. The machinery allows for tubular steel structures to be built. It was in production by March last year.
Source: Steel company’s optimism fuels technology investment appetite