ArcelorMittal South Africa Set to Lay Off 4,000 Workers as Steel Crisis Deepens
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ArcelorMittal South Africa Set to Lay Off 4,000 Workers as Steel Crisis Deepens

ByFidelis Reporter

ArcelorMittal South Africa is expanding its retrenchments to over 4,000 workers, now including its flagship Vanderbijlpark plant. With losses mounting and iron ore suppliers under threat, unions warn of irreversible damage to the steel industry and local economies.