AMSA to proceed with closure of longs unit after talks with govt fail to yield solution

Steel group ArcelorMittal South Africa (AMSA) has confirmed that it will proceed with the wind down of its longs business after talks with government failed to yield the “timely solutions required” to prevent the closure. AMSA announced the decision to close the plant on January 6 and indicated that the wind down would be implemented by the end of January.

Feb 28, 2025 - 10:43
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AMSA to proceed with closure of longs unit after talks with govt fail to yield solution
Steel group ArcelorMittal South Africa (AMSA) has confirmed that it will proceed with the wind down of its longs business after talks with government failed to yield the “timely solutions required” to prevent the closure. AMSA announced the decision to close the plant on January 6 and indicated that the wind down would be implemented by the end of January.