News
ArcelorMittal SA secures R1.68bn lifeline, delays steel mill closures
ArcelorMittal SA’s South African unit will postpone the planned closure of two key steel mills by six months
Key topics:
- Government bailout delays /closure of key steel mills by six months
- 3,500 jobs saved as ArcelorMittal /suspends retrenchment plans
- SA pledges action on cheap imports, /energy costs, and scrap metal policies
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By Ana Monteiro
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