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ArcelorMittal SA to close long-steel biz

Mint New Delhi

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January 07, 2025

ArcelorMittal South Africa Ltd will close its business that makes long-steel products, potentially affecting about 3,500 jobs.

Persistent high logistics and energy costs, together with insufficient policy interventions by the government, left the business unsustainable, the company said in a statement Monday. The wind-down will

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