
Subscribe & Follow
Numsa to strike at ArcelorMittal over job cuts

The National Union of Metalworkers of South Africa (Numsa) said in a statement it would picket the company's Vanderbijlpark head office, south of Johannesburg, on Thursday.
"Numsa has issued a strike notice to the company and it begins on Thursday the 14th of November," it said.
The union said its members "have been provoked into striking" following the conclusion of a job cutting process.
ArcelorMittal was not immediately available for comment.
Africa's biggest steel producer, majority-owned by Luxembourg-based ArcelorMittal SA, was rocked by a two-week wage strike in May 2022, which compounded the impact of infrastructure problems and weak steel demand on the company's income.
ArcelorMittal South Africa reported a loss of R1.11bn ($61.63m) in the six months to 30 June, which widened from another loss of R448m in the same period last year, amid difficult trading conditions in local and regional markets.
The steelmaker said in July it decided against shutting its steel plant in the KwaZulu-Natal province, opting to explore a plan to make it viable. ArcelorMittal had announced plans to close the plant in November 2023.
($1 = R18.0102)
Related
Rainbow Chicken rebounds with profit surge, cautions on bird flu impact Nelson Banya 7 Mar 2025 ArcelorMittal closure confirmed, but hope floats in steel market Lindsey Schutters 28 Feb 2025 Rains affect Amplats Tumela production Nelson Banya 24 Feb 2025 Estée Lauder to cut up to 7,000 jobs globally 5 Feb 2025 Post-election unrest hits Maputo port volumes Nelson Banya 22 Jan 2025 ITAC bends to ArcelorMittal pressure to investigate steel imports Lindsey Schutters 21 Jan 2025 ArcelorMittal Long Steel closure sparks debate over industrial policy Lindsey Schutters 10 Jan 2025 Thungela sees coal output jump as rail performance improves Nelson Banya 10 Dec 2024
Source: Reuters

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.
Go to: https://www.reuters.com/About Nelson Banya
Reporting by Nelson Banya; editing by Alexandra Hudson