Skip to content

Cosatu welcomes government measures to sustain ArcelorMittal’s plant [SOUND]

# Cosatu is pleased government is assisting Arcelor Mittal South Africa to keep its long steel plant in Newcastle, KwaZulu-Natal, operational while a plan is sought to make it sustainable. The company announced in January it will shut down its plants in Newcastle and Vereeniging, Gauteng, as it could no longer sustain the business given the extraordinarily high energy and transport costs. Cosatu’s Zanele Sabela says according to the steel producer, three-thousand-500 direct and indirect jobs will be affected:

ENG ZaneleonArcelorMittalPlant