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South Africa: SA Steel Mills (Pty) Ltd secures ZAR 404 million from IDC

Description

On 15 June 2022, the Industrial Development Corporation of South Africa (IDC) provided ZAR 404 million (approximately USD 21.29 million) in state aid to SA Steel Mills (Pty) Ltd. The IDC disclosed the...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 Jun 2022

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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