# ArcelorMittal South Africa has confirmed the shutdown of its Newcastle Works in KwaZulu-Natal as it proceeds with placing its long-steel business into care and maintenance. The company says limited trading will continue to dispatch remaining stock while engagements on alternative solutions are ongoing. AMSA has also applied for leave to appeal a Labour Court ruling ordering the reinstatement of retrenched workers. Shareholders are urged to exercise caution when dealing in AMSA securities.
ArcelorMittal SA halts production at Newcastle works