The Metals and Engineering (M&E) sector was no doubt under pressure in 2020 owing to lower steel production and general trading restrictions, Steel and Engineering Industries Federation of Southern Africa (Seifsa) says in its latest 'State of the M&E Sector' report. Seifsa chief economist and report author Chifipa Mhango explains in the report that steel is one of the key subsectors within the M&E sector and that global commodity prices are influenced by production in this sector.
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