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AMSA may initiate wind down of longs unit well ahead of Sept deferral deadline...
14 Jul, 2025 12:25 237 min read
ArcelorMittal South Africa (AMSA) says it may begin taking operational steps to prepare for the wind down of its beleaguered long-products business well ahead of the current September 30 deadline – a timeframe set after the Industrial Development Corporation (IDC) extended a R1.68-billion interest-free loan on March 31 to defer its closure by six months.... More