Overregulation of Steel, Economic Downturn Suffocate Wire Industry: Strathclyde Associates Construction Management News
The South African wire industry has been adversely affected by the eco-?nomic downturn, especially since stadium contracts for the 2010 FIFA World Cup were com-?pleted, while the overregulation of the steel industry by government is resulting in the closure of factories and job losses, says South African Wire Association chairperson Rick Allen.
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