Steel demand is still pretty anaemic locally, and ACL's margins got squeezed again on lower volumes. That s…by @jim_jse4 on $ACL

Steel demand is still pretty anaemic locally, and ACL's margins got squeezed again on lower volumes. That said, at R1.30 the dividend yield is starting to look interesting if they can hold it, and the global iron ore price has at least stopped falling. Not a screaming buy, but the downside might be getting priced in.