Caveats colour Highveld plan
21 August 2016 - 02:01
Evraz Highveld Steel and Vanadium applied for business rescue last year, and has so far been unable to find a suitor. However, in a new plan proposed by the Industrial Development Corporation (IDC) and ArcelorMittal South Africa, Highveld's heavy steel mill may be run by Amsa for a year with an option for the IDC and Amsa to acquire it at the end of that period.
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