South Africa’s largest steel producer has confirmed its plans to shutter its long steel business by the end of September 2025.
ArcelorMittal South Africa (AMSA) said limited progress has been made in addressing the main structural impediments to its business’s sustainability.
The company informed the market on Monday, 14 July 2025, that, without further financial support, its long steel business will close at the end of September this year.
AMSA announced its plans to shut down this business in 2023, citing prolonged weak economic conditions, logistical and energy challenges, and unsustainable competition from low-cost imports.
Sam Busa