STEEL
Economic Development Minister Ebrahim Patel has welcomed the reopening of the Highveld Steel plant, in eMalahleni, Mpumalanga. The plant, which was officially reopened on Tuesday, employs 200 workers in direct production and a further 300 workers on site. The company, which closed in 2015, has restarted production of structural steel products in partnership with business and government. The relaunch of the plant comes a few days after government announced a new R1.5-billion steel competitiveness fund, further boosting confidence in the industry.
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