Sarcea reports shortages in steel reinforcing bar

Despite a continuing lack of work in South Africa's construction industry, members are stating some shortages "are starting to appear in the availability of rebar from the mills," Sarcea said.

"Word has it that there is a shortage of scrap metal, which is the base material used by two of the three major manufacturers," The association said in a statement, adding that "the other" major producer had indicated it would be closing down production facilities for planned and "necessary" maintenance in December. Sarcea concludes "it can be anticipated that price increases will be forthcoming," BDLive reports.

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