Arcelor Mittal South Africa stares at closure of long steel biz; awaiting govt's rescue package
Published on: Aug. 5, 2025, 8:13 p.m. | Source: Devdiscourse
ArcelorMittal South Africa AMSA, a subsidiary of Lakshmi Mittals steel empire, said the company is still looking at shutting down its long steel production business as it awaits the implementation of South African governments plan to bail out the countrys domestic industry.AMSA announced in January that it is to cease operations at its long steel manufacturing plants in the country, impacting over 3,500 jobs.
