US EditionArcelorMittal SA accuses Transnet of market abuse
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ArcelorMittal SA accuses Transnet of market abuse
Key PointsArcelorMittal SA says Transnet Freight Rail missed 40% of delivery targets in 2024, forcing production cuts and delays that triggered steep operational losses.Rising tariffs and unreliable logistics, combined with Eskom outages, are undermining ArcelorMittal SA’s financial sustainability and supply chain efficiency.Two plants have closed, thousands of jobs are at risk, and the company warns it may liquidate long steel operations withou…
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