Global Trade Alert
Global Trade Alert

South Africa: IDC launches the Downstream Steel Industry Competitiveness Fund

Announcement

25 May 2017

The Industrial Development Corporation, a South-African government-funded finance institution, has launched the Downstream Steel Industry Competitiveness Fund to provide economic support to key downstream steel sectors and sub-sectors.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 May 2017

Revocation date:

No revocation date

Updated: 25 May 2017
State loan In force

On 25 May 2017, the Industrial Development Corporation has announced the creation of a new fund to support the steel industry. The total resources available are ZAR 1.5 billion (over USD 116.6 mill...

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