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ArcelorMittal, South Africa
Newcastle community rallies to save ArcelorMittal South Africa jobs
Shunmugam added that many employees of Amsa considered Newcastle their home, and relocating to another town would be a significant challenge.
South Africa: Govt looking to avert ArcelorMittal plant closures
ArcelorMittal South Africa announced this week that it is to close its Longs (steel) operations in Newcastle and Vereeniging
ArcelorMittal to shut South Africa long steel business
ArcelorMittal to close long-steel business in South Africa, citing losses from economic conditions, high costs and Chinese steel imports.
ArcelorMittal South Africa to Wind Down Long-Steel Products Business
Around 3,500 jobs will be affected after weak economic conditions, high costs and Chinese steel imports weighed on the company.
ArcelorMittal South Africa to close plant, shares plummet
Steel producer ArcelorMittal South Africa's shares fell more than 15% on Monday after the company said it would proceed with the closure of its loss-making long steel business.
ArcelorMittal to Close South Africa Site With 3,500 Jobs at Risk
ArcelorMittal South Africa Ltd. will close its business making long-steel products, after months of consultations with the government failed to stave off the threat to thousands of jobs.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?
ArcelorMittal’s South African subsidiary to shut down long steel plants
Johannesburg, Jan 6 (PTI) ArcelorMittal South Africa Limited (AMSA), the local subsidiary of Indian-born British steel magnate Lakshmi Mittal, will cease operations at its long steel plants in the country, impacting over 3,500 jobs.
ArcelorMittal South Africa to close long-steel works, sees loss
The company said steel production will likely cease by the end of the month and it has yet to determine the final number of job losses.
ArcelorMittal South Africa to shut down long steel production
Steel production at the facility is set to halt by the end of January 2025, with the closure of remaining operations planned in the first quarter (Q1).
ArcelorMittal South Africa to close Longs Steel business, job cuts expected
Steel producer ArcelorMittal South Africa said on Monday that it would proceed with the wind down of the Longs Steel business, which will be placed into care and maintenance subject to the consultation process.
ArcelorMittal South Africa to Wind Down Its Longs Business
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities,
4h
Our rescue offer for ArcelorMittal South Africa remains valid: Networth Investments
Networth Investments’ offer to buyout a controlling stake in beleaguered ArcelorMittal South Africa (AMSA) from its parent ...
The Citizen
7h
Unions not happy with ArcelorMittal closing long-steel business
SEIFSA estimated that the ArcelorMittal closure will cause a staggering 293 754 direct and indirect job losses and not only ...
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