Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
Trade union Solidarity said on Wednesday that it would protect the interests of its members at Evraz Highveld Steel and Vanadium, in eMalahleni, after the company announced on Tuesday that it had entered into business rescue proceedings. Solidarity, which represented 350 of the company’s 2 400 employees, confirmed that the steel producer had issued a notice to the trade union indicating that, owing to financial and operational challenges, it had “no choice” but to apply for business rescue.
Trade union Solidarity said on Wednesday that it would protect the interests of its members at Evraz Highveld Steel and Vanadium, in eMalahleni, after the company announced on Tuesday that it had entered into business rescue proceedings. Solidarity, which represented 350 of the company’s 2 400 employees, confirmed that the steel producer had issued a notice to the trade union indicating that, owing to financial and operational challenges, it had “no choice” but to apply for business rescue.
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