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Africa|Business|Industrial|Products
africa|business|industrial|products

ArcelorMittal longs business closure to impact on jobs, industrial capacity

ArcelorMittal longs business closure to impact on jobs, industrial capacity

1st December 2023

By: Creamer Media Reporter

     

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Creamer Media editor Terence Creamer discusses ArcelorMittal South Africa's announcement that it may cut about 3 500 jobs as it plans to wind down its long-products business; the reasons for it taking this step; the impact of the closure on the town of Newcastle, as well as South Africa's industrial capacity and beneficiation ambitions; and whether there is anything government can do to prevent the closure of the business and the job losses.

Edited by Creamer Media Reporter

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