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Newcastle steel works to wind down - KZN Industrial & Business News

Summary by KZN Industrial & Business News
ARCELORMITTAL SOUTH AFRICA announced on 6 January that it is winding down the company’s ‘longs’ business at the Newcastle and Vereeniging works, as well as the company’s rail and structural subsidiary. Steel production is anticipated to cease by late January 2025, with the wind down of the remaining production processes completed in Q1 2025. Newcastle’s coke-making operations will continue, though scaled back to reflect reduced demand. The annou…
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KZN Industrial & Business News broke the news in on Wednesday, January 15, 2025.
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