| Summary: | IN FOCUS: SOUTH AFRICA STEEL INDUSTRY. Across South Africa, 75 steel companies have cut their capacities, with 7,000 jobs lost since 2015. According to those in the industry, this is due in part to the global glut in steel and also cheaper Chinese imports. CNN's Eleni Giokos visits a shuttered steel plant outside of Johannesburg to learn how these global pressures are testing the strength and durability of the South African steel industry. FACE TIME: DAVID PICARD, REGIONAL MANAGER, AFRICA AND THE MIDDLE EAST, CATERPILLAR. Caterpillar Inc. is an American manufacturer of construction and industrial equipment. David Picard is Caterpillar's regional manager for Africa and the Middle East. He sits down with Zain Asher to discuss infrastructure development on the continent and how his company tailors its equipment to the African market.
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