Steel manufacturer ArcelorMittal South Africa (AMSA) has actually introduced that it will certainly shut its long-products company in a relocation that will certainly impact 3 500 straight and indirect work and which is most likely to have considerable socioeconomic ramifications for the Newcastle area of KwaZulu-Natal. Manufacturing at the Newcastle Functions, which has actually been running under the hazard of closure considering that late 2023, is prepared for to stop by late January 2025, with the wind-down of the staying manufacturing procedures finished in the initial quarter of the year.
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