ArcelorMittal SA vows to address SA’s steel shortages

  JOHANNESBURG – ARCELORMITTAL South Africa (Amsa) said in its 2020 integrated annual report that it was committed to addressing the country’s steel shortages. Chief executive Kobus Verster said on Friday the group had experienced considerable delays with starting the N5 blast furnace in Newcastle. Verster said the N5 setbacks were frustrating, particularly because of the group’s intense focus on addressing customers’ steel shortages that had been building up since before Covid-19. “In the new year we have budgeted and planned to fix the problems caused by the unusual post-pandemic…

Read More