Government Fails to Save ArcelorMittal South Africa: Thousands of Jobs Lost as Steel Business Closes
In a significant blow to South Africa’s industrial sector, ArcelorMittal South Africa (AMSA) has announced the closure of its Longs Steel business, despite extensive efforts by the government to find a solution. The decision, finalized in early 2025, will result in the loss of thousands of jobs and have far-reaching economic consequences. A Year of Failed Negotiations AMSA … Continue reading Government Fails to Save ArcelorMittal South Africa: Thousands of Jobs Lost as Steel Business Closes
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