IDC supports efforts to save Amsa’s long steel business
3,500 jobs at stake as firm prepares to shut Newcastle and Vereeniging businesses
12 January 2025 - 00:00
The Industrial Development Corporation (IDC), one of the minority shareholders at ArcelorMittal South Africa (Amsa), says it is talking to other stakeholders in a bid to intervene as the company prepares to shut its long steel businesses in Newcastle and Vereeniging which employ 3,500 people. ..
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