Reprieve for Newcastle plant as govt steps in to ‘safeguard the steel industry’ - KZN Industrial & Business News
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Reprieve for Newcastle plant as govt steps in to ‘safeguard the steel industry’ - KZN Industrial & Business News
THE Department of Trade, Industry and Competition (DTIC) said on Wednesday last week (19 March), that the government was continuing to engage with ArcelorMittal South Africa (AMSA) to prevent the planned wind down of the longs steel plant in Newcastle and to recalibrate the steel industry’s role in the South African economy.The winding down of the longs business has been on the cards for at least a year with AMSA saying in July last year that it…
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