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News24 Business | Last-ditch effort to avoid Newcastle, Vereeniging mill closures has failed, says AMSA

Summary by News24
ArcelorMittal SA, which had delayed the closure of its long steel business by a month as government scrambled to find a way to save the embattled division, said on Friday it has taken a final decision to close its mills.

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News24 Business | Last-ditch effort to avoid Newcastle, Vereeniging mill closures has failed, says AMSA

ArcelorMittal SA, which had delayed the closure of its long steel business by a month as government scrambled to find a way to save the embattled division, said on Friday it has taken a final decision to close its mills.

·South Africa
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eNCAeNCA

Discussion | AMSA's talks with government fails

Discussion | AMSA's talks with government fails Estelle.Bronkhorst Sat, 03/01/2025 - 06:45 JOHANNESBURG - ArcelorMittal South Africa is forging ahead with the closure of its long-steel business.It comes after talks with government and stakeholders failed to keep jobs out of the smelter.Around 3,500 workers are set to lose their jobs.But, the ripple effect of the shuttering of the Vereeniging and Newcastle plants will go much further.We discuss …

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News24 broke the news in South Africa on Friday, February 28, 2025.
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