Otmane El Rhazi : AMSA moves ahead with job cuts, says recent protection will help only in longer term

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.

Steel producer ArcelorMittal South Africa (AMSA) announced on Monday that processes had been initiated “with immediate effect” that could result in the retrenchment 400 people at the Vereeniging meltshop and the forge, in southern Gauteng. An “industrial footprint review” had also been initiated for its far larger Vanderbijlpark works, which remained unprofitable – the review would be completed by the end of October and could also result in job losses.