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Scores of small steel firms close down

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CEO of Neasa, Gerhard Papenfus. Photo: Neasa/Twitter
CEO of Neasa, Gerhard Papenfus. Photo: Neasa/Twitter


A total of 69 small and medium-sized steel companies that were members of the employers’ organisation, Neasa, have closed down in the past year. All told, these companies employed more than 4 000 people.

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