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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

ArcelorMittal South Africa

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South Africa

South African Union Warns of Job Cuts’ Impact on Steel And Auto Industries

  South African metalworkers union Numsa says ArcelorMittal South Africa’s planned job cuts in Newcastle, KwaZulu-Natal, and Vereeniging, Gauteng, could devastate the steel and auto industries and harm communities. The company intends to cut 35-percent of its workforce, citing structural challenges in its long steel business. Numsa spokesperson Phakamile Hlubi-Majola vows to fight the retrenchments, urging collaboration to protect manufacturing capacity and prevent economic fallout:  

todayJanuary 7, 2025 22

South Africa

The Steel and Engineering Industries Federation of Southern Africa is concerned about the collapse of the steel industry

The Steel and Engineering Industries Federation of Southern Africa has expressed alarm over the crumbling state of the steel industry. Concerns escalate as ArcelorMittal South Africa is expected to commence layoffs of three-thousand-500 jobs this week. The company cites weak demand, ongoing infrastructure issues, persistent rail logistics challenges, and intensified load-shedding as factors prompting the closure of its long steel operations. The federation’s president Elias Monage told eNCA the retrenchments […]

todayDecember 13, 2023 28