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Hope: The plan to cut jobs was made in June. Now, with increased demand for steel, the company will restart a blast furnace in January. Unions argue that this will reduce job cuts. Photo: Waldo Swiegers/Bloomberg/Getty Images
ARCELORMITTAL SOUTH AFRICA

ArcelorMittal plans to retrench 2 500 workers

Africa’s largest steel producer announced in June it would begin the section 189 process after its initial cost-cutting measures were inadequate to insulate it from a weak…

  • Thando Maeko
3 min read