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Steel merchant Macsteel has been re-evaluating its business strategy, owing to a steady decline in steel consumption over the past five years, with 2019 being a “new low" and the start of 2020 faring just as poorly – a situation that has been exacerbated by the lockdown because of Covid -19.

“Macsteel’s attention has been to prime our business on becoming a centralised distribution-type business, where we focus on how we move steel to customers as effectively and efficiently as possible," Macsteel CEO Mike Benfield tells Engineering News.

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