ArcelorMittal Responds, Says the Mini-Mill Dream Could Melt Down
6 Articles
6 Articles


ArcelorMittal South Africa says little progress made to avert plant closure
The closure of the plants, which supply rail, roads and bars to the construction, mining and manufacturing sectors and components for the automotive industry, has been deferred twice as the company and government sought to save the 3,500 jobs directly under threat.
Local steel industry squeeze: September deadline looms - KZN Industrial Business News
ARCELORMITTAL South Africa says it is navigating a highly complex set of circumstances, as the South African steel industry faces unprecedented global and local pressure. In a SENS update issued on 14 July, the company commented on the status of its longs Steel business and provided a business update for the six months ending 30 June this year. Longs Business According to ArcelorMittal South Africa (AMSA), R1.68 billion funding provided by the I…
The company said the closure of its loss-making South African long steel operation could no longer be delayed beyond September 30 unless a solution was found soon.
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