SACP wants State intervention to stop ‘manufacturing de-industrialisation’
The South African Communist Party (SACP) is calling for the State to intervene in stopping what it describes as the “erosion of our national industrial base” and “manufacturing de-industrialisation”.
This after ArcelorMittal South Africa (AMSA) announced that it would be shutting its long-products business – resulting in the closure of the Newcastle mill as well as facilities in Vereeniging and eMalahleni involving the shedding of 3 500 direct and indirect jobs.
The Department of Trade, Industry and Competition is engaging with AMSA “until a workable resolution to the problems faced by AMSA and the steel industry is reached”.
The SACP, meanwhile, said it stood with the affected workers, and stressed that ensuring AMSA did not mothball or shut down production must be a priority.
It stated that aside from the expected loss of 3 500 jobs, about 20 000 to 25 000 others in the medium- and longer-term multiples in the value chain would be affected.
The SACP said this was unacceptable in a country that already struggled with unemployment, with over 12-million active and discouraged work seekers unemployed.
It said State intervention should include the possible transfer of ownership or direct takeover of the affected productive capacity from AMSA to ensure the continuity of production, as opposed to allowing AMSA to close operations.
The SACP reiterated this call, further noting that any engagements that may have taken place between the government and ArcelorMittal had not translated into the “desired outcomes,” given the decision by AMSA to continue with its plans to mothball or close production at the affected factories.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation