In a statement on Wednesday, ArcelorMittal South Africa [JSE: ACL] – the biggest steel producer on the continent – announced that it may close some of its operations. The company, which supplies more than 60% of the steel used in South Africa, has operations in Vanderbijlpark, Vereeniging, Saldanha and Newcastle. South African steel consumption is..
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SA steel consumption is at its lowest levels in a decade – ArcelorMittal previously known as Iscor may close some of its South African plants
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