Multiple producers have faced that tough choice in recent months.

Europe is also bringing legislation that offers incentives for the use of green hydrogen, he said.

“Parties are still engaging,” Transnet spokeswoman Ayanda Shezi said in a reply to questions.

Hoa Phat Group produced over 6 million tonnes of crude steel in the first nine months of the year, matching its output from last year.

SATAWU calls off Transnet strike, members to return to work on Thursday

Singh did not specify the shape that the PLI schemes would take, with incentives varying between the 14 sectors for which they have been introduced.

Down 2.1 Percent YTD in 2022 from Same Period in 2021.

Finished Import Market Share Estimated at 22 Percent in September.