Help Desk -
9958816305, 9810335381

Western Cape Government Devastated By Closure of ArcelorMittal Saldana

Steel News - Published on Thu, 14 Nov 2019

Image Source:
Fin24 reported that Western Cape government said it was devastated by the news that Arcelor Mittal SA’s steel works plant in Saldanha will be shut down, and that the decision will be a blow to the regional economy. The provincial government said that “We have urged national government to assist the company by reducing electricity and freight costs, by exploring alternative energy sources, and by including the company in the Saldanha Bay Industrial Development Zone. We have also provided water tariff relief via the Saldanha Bay Municipality to assist the company to reduce costs at the steel works plant in Saldanha,”

But it added that the interventions were not enough to save the plant, and it will now contact the company to find out whether can offer assistance to the employees who are likely to be affected in Saldanha.

Source :

Posted By : Rabi Wangkhem on Thu, 14 Nov 2019
Related News from Steel segment