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ArcelorMittal to cut 3 500 jobs in SA as growth slows

The group s shares plunged over 7% just before 11 am in Johannesburg. ....

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ArcelorMittal to Cut 3,500 Jobs in South Africa as Growth Slows

ArcelorMittal to Cut 3,500 Jobs in South Africa as Growth Slows
bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.

Arcelormittal South Africa Ltd , Arcelormittal South Africa , Newcastle Works , Vereeniging Works ,

ArcelorMittal to cut 3,500 jobs in South Africa as growth slows

The unit will be placed in care and maintenance, the company said in a filing on Tuesday. The Newcastle Works, the Vereeniging Works, and rolling facilities, which use Newcastle material as feedstock will be the affected plants, according to the statement. ....

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Up to 3,500 jobs at risk in steel industry as Eskom, Transnet failures bite

A retrenchment process potentially affecting 3,500 people has started at ArcelorMittal South Africa, which says its operations have been affected by the weak economy, load-shedding and logistics costs. ....

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ArcelorMittal plans to eliminate 3,500 positions in South Africa

ArcelorMittal plans to eliminate 3,500 positions in South Africa
techstory.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techstory.in Daily Mail and Mail on Sunday newspapers.

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