An ArcelorMittal steel mill in Vanderbijlpark, South Africa
An ArcelorMittal steel mill in Vanderbijlpark, South AfricaPhotographer: Guillem Sartorio/Bloomberg

South Africa, ArcelorMittal race to save mills as closure looms

Closure of key plants could cut 3,500 jobs and force steel imports
Published on

Key topics:

  • Govt, IDC in crisis talks with ArcelorMittal over mill closures

  • Newcastle, Vereeniging plants risk closure, 3,500 jobs at stake

  • Losses blamed on scrap prices, high power costs, poor rail service

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By Loni Prinsloo and Antony Sguazzin

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