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Impact of ArcelorMittal South Africa imminent closure on SA’s steel business sector

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GUEST – Neels van Niekerk – CEO of International Steel Fabricators of South Africa

Over 20 industry associations, including three scrap recycling associations, and industry experts came together in a crisis summit in Johannesburg on 17 January 2024 to determine an urgent plan of action to prevent the imminent closure of the AMSA plants. The industries represented at the summit included construction, automotive, mining, electro-technical, electricity transmission, aero and defence, rail, wire, fasteners, concrete reinforcing, cladding and roofing, and rail, most of them dependent on AMSA as the only local producer capable of supplying the bulk of their required long product steel input

24 Jan 2024 3PM English South Africa Business News · Investing

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