The impact of globalisation and new technologies has brought about an environment of radical and continuous change. The rapid changes require employees to learn new skills and knowledge continuously. Knowledge Management is an important factor in building a learning organisation committed to high performance where new knowledge needs to be created, maintained and shared between employees. Knowledge Management focuses on how the knowledge can be organised and used to provide competitive advantage. Literature suggests that if Knowledge Management initiatives are correctly applied that it will result into improved organisational performance and competitiveness. Knowledge is typically used to make business decisions or to perform manufacturing processes which are superior to that of competitors. Value is added through the application of information and knowledge during the manufacturing, marketing, financial, commercial and other business processes used to provide Steel products to the customers.