Protection and recovery in infrastructure spend to determine fate of revived Highveld mill

The newly reopened heavy structural mill (HSM) at Highveld Steel, in Mpumalanga, is expected to ramp up to its 18 000 t/m nameplate capacity over the coming few months, having produced 4 100 t since its initial restart in April. However, both Highveld and ArcelorMittal South Africa (AMSA), which is supplying primary material to the mill under a contract manufacturing agreement signed in December, warn that market conditions remain hostile and that the mill’s ongoing survival will depend ...