ArcelorMittal South Africa Shuts Down Longs Business, Threatening 3,500 Jobs
ArcelorMittal South Africa (AMSA) has announced the closure of its Longs Business, citing unsustainable financial performance due to weak economic conditions, high logistics and energy costs, and competition from low-cost imports. This decision will have far-reaching consequences, including the loss of approximately 3,500 direct and indirect jobs and significant impacts on local economies like Newcastle. … Continue reading ArcelorMittal South Africa Shuts Down Longs Business, Threatening 3,500 Jobs
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