Lamergyre says steel alloy plant could create sustainable jobs

The promoters of a proposed stainless and alloy steels plant in the Eastern Cape believe that the greenfield development could support the creation of new jobs in the domestic mining and steel industries. Should it be developed in line with the current concept, Lamergyre Alloy’s vertically and horizontally integrated facility could eventually have the capacity to produce up to 6.5-million tonnes a year of new stainless and alloy steels.