Arcelormittal looks to Newcastle operations to contain debt
JOHANNESBURG – Arcelormittal
South Africa (Amsa) has trained its eyes on its Newcastle operations in KwaZulu-Natal to contain its debt.
South Africa (Amsa) has trained its eyes on its Newcastle operations in KwaZulu-Natal to contain its debt.
The steelmaker this week confirmed that the second phase of its strategic asset footprint review would be focus on Newcastle to improve the group’s structural cost position and service offering.
“Exploring the benefits of a concentrated operating footprint will be important during this phase of the review,” the company said.
Source: iol.co.za
