Tag: Economic Impact

Dec 06
SAISC Warns Local Sector to Steel Itself for Knock-on Effects of ArcelorMittal’s Newcastle Mill Closure

The imminent closure of the ArcelorMittal Newcastle ‘long’ steel products operation in Newcastle, KwaZulu-Natal, is likely to cause considerable turbulence within the local steel sector, with potential projected ‘knock-on’ effects including product shortages, quality issues and even price increases, according to Southern African Institute of Steel Construction (SAISC) Chief Executive Officer, Amanuel Gebremeskel. Commenting on […]