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Amid perceptions of steel glut, AMSA confirms long-steel shortages

Steel producer ArcelorMittal South Africa (AMSA) has place allocation restrictions on domestic consumers of rebar and wire rod, owing to a combination of weak domestic orders at the end of 2015, supply disruptions and an unexpected surge in restocking-related domestic orders since the start of the year. Acting CEO Dean Subramanian told Engineering News Online on Tuesday that the group expected the backlog to persist until June for rebar and until mid-July for wire rod.