Wednesday, July 29, 2015

ArcelorMittal South Africa Ltd

I think this is the first company that made my list. We can get cheap steel and look at wht these guys do - they are not on the consumer and user's side! Imagine 25% discount! Look here to see why I list them here:

ArcelorMittal South Africa Ltd. said last week that it’s going to fight steel from China, which is being sent to ports at prices as much as 25 percent below local output costs, according to the country’s largest maker. The unit of ArcelorMittal wants the government to increase tariffs.

http://www.biznews.com/briefs/2015/07/28/china-accelerates-steel-dumping-landing-at-25-below-sas-production-cost/

No comments: