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20 Feb

AMSA says it is not considering Saldanha sale

ArcelorMittal South Africa (AMSA) is denying claims of a potential investor buy-out, saying: "We are not in discussions with any parties about the future of our Saldanha plant. The plant is still under care and maintenance." In 2019, AMSA decided to proceed with closure of the steel operations at the Saldanha Works, aiming to shift the operation to care and maintenance. The reason behind the decision was that Saldanha had lost its structural competi…
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