Photographer: Dwayne Senior/Bloomberg
SA Investing
ArcelorMittal gives update on possible closure of Long Steel Business as deferral deadline looms
Newcastle blast furnace placed on care and maintenance as talks with stakeholders fail to secure long-term solution.
Key topics:
Deferral period for Long Steel Business ends 30 September 2025 with no sustainable solution in place.
Newcastle blast furnace moved into temporary care and maintenance; closure preparations underway.
Flat Steel Business remains fully operational and unaffected by the Long Steel uncertainty
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