Production decline and weak demand weigh on metals sector outlook

African News Agency | 19.02.2026 22:19
The South African Metals and Engineering Sector faces a difficult 2026. A downward trend in post-COVID-19 recovery has compounded legacy lags in declining production, increased underutilised production capacity, and persistently declining demand, according to the Steel and Engineering Industry Federation of South Africa (SEIFSA) State of the Metals and Engineering Sector Report 2026.